It'll have a standalone live video app, and will livestream video on other AOL sites, like The Huffington Post, as well as other live platforms, like Facebook Live, Live Instagram stories and Twitter Live.

Taking on TV: The livestreams will mostly be interviews with A-List celebrities, like Ryan Gosling and John Legend. It will total more than 75 events-per-month and four hours of live programming each day, according to AOL.

That's on par with broadcast networks, like ABC and NBC, which air several hours of live talk programming per day through shows like The View, and The Ellen DeGeneres Show. The format will also mimic live television talk-show programming, with live audiences.

Our take: AOL has had the necessary infrastructure to monetize live video—distribution, scale, technology—but they haven't been able to crack the code. AOL-owned Huffington Post had a livestreaming digital channel, Huffington Post Live, but they shut it down last year to shift their video strategy to include more shareable online video content.

Now is the time: A new eMarketer study says the number of digital video viewers globally will grow 8.2% in 2017, reaching about 30% of the world's population. Other major digital platforms have been investing in live video technology for months, hoping to reap the advertising dollars from the high engagement rates live video spurs:

  • Facebook is in the middle of a huge, national Facebook Live marketing campaign to expand their user base from brands to everyday consumers.
  • Instagram debuted a live feature to their stories platform in November.

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Pelosi, Schumer demand postmaster general reverse USPS cuts ahead of election

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House Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Chuck Schumer sent a letter to Postmaster General Louis DeJoy on Thursday calling for the recent Trump appointee to reverse operational changes to the U.S. Postal Service that "threaten the timely delivery of mail" ahead of the 2020 election.

Why it matters: U.S. mail and election infrastructure are facing a test like no other this November, with a record-breaking number of mail-in ballots expected as Americans attempt to vote in the midst of a pandemic.

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CRISPR co-discoverer on the gene editor's pandemic push

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The coronavirus pandemic is accelerating the development of CRISPR-based tests for detecting disease — and highlighting how gene-editing tools might one day fight pandemics, one of its discoverers, Jennifer Doudna, tells Axios.

Why it matters: Testing shortages and backlogs underscore a need for improved mass testing for COVID-19. Diagnostic tests based on CRISPR — which Doudna and colleagues identified in 2012, ushering in the "CRISPR revolution" in genome editing — are being developed for dengue, Zika and other diseases, but a global pandemic is a proving ground for these tools that hold promise for speed and lower costs.

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Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 5 p.m. ET: 18,912,947 — Total deaths: 710,318— Total recoveries — 11,403,473Map.
  2. U.S.: Total confirmed cases as of 5 p.m. ET: 4,867,916 — Total deaths: 159,841 — Total recoveries: 1,577,851 — Total tests: 58,920,975Map.
  3. Politics: Pelosi rips GOP over stimulus negotiations: "Perhaps you mistook them for somebody who gives a damn" — Ohio Gov. Mike DeWine tests positive.
  4. Public health: Majority of Americans say states reopened too quicklyFauci says task force will examine aerosolized spread.
  5. Business: The health care sector imploded in Q2More farmers are declaring bankruptcyJuly's jobs report could be an inflection point for the recovery.
  6. Sports: Where college football's biggest conferences stand on playing.