Matt Drudge in 1997. Photo: Amy Etra / The LIFE Images Collection / Getty Images

20 years ago today, back in 1998, Matt Drudge posted his most famous siren banner: "NEWSWEEK KILLS STORY ON WHITE HOUSE INTERN." Drudge's own anniversary posting includes the 1998 headline: "Arrival of the digital age."

Simpler times: A week later, the BBC reported: "[I]t was in the wilds of cyberspace — not the morning newspaper — that the story of Bill Clinton's alleged affair with a young White House intern, Monica Lewinsky, first unfolded...In the future, academics, politicians and journalists aren't likely to dismiss the Internet so quickly."

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BP's in the red, slashing its dividend and vowing a greener future

Photo: Ben Stansall/AFP via Getty Images

BP posted a $6.7 billion second-quarter loss and cut its dividend in half Tuesday while unveiling accelerated steps to transition its portfolio toward low-carbon sources.

Why it matters: The announcement adds new targets and details to its February vow to become a "net-zero" emissions company by mid-century.

Women-focused non-profit newsrooms surge forward in 2020

Illustration: Eniola Odetunde/Axios

Women are pushing back against the gender imbalance in media by launching their own news nonprofits and focusing on topics many traditional news companies have long ignored.

Why it matters: "The news business is already gendered," says Emily Ramshaw, co-founder and CEO of The 19th*, a new nonprofit, nonpartisan newsroom reporting at the intersection of women, politics and policy.

The U.S. is now playing by China's internet rules

Illustration: Aïda Amer/Axios

President Trump's crackdown on TikTok suggests that the U.S. government is starting to see the internet more like China does — as a network that countries can and should control within their borders.

The big picture: Today's global internet has split into three zones, according to many observers: The EU's privacy-focused network; China's government-dominated network; and the U.S.-led network dominated by a handful of American companies. TikTok's fate suggests China's model has U.S. fans as well.