Sep 18, 2017

Arizona governor gives McCain cover on Graham-Cassidy bill

Arizona Governor Doug Ducey (left) and Arizona Sen. John McCain. Photos: AP

Governor Doug Ducey (R-AZ) released a statement via Twitter Monday announcing his support for Sens. Lindsey Graham and Bill Cassidy's Affordable Care Act repeal bill:

  • "Graham-Cassidy is the best path forward to repeal and replace Obamacare... Congress has 12 days to say 'yes' to Graham Cassidy. It's time for them to get the job done."
  • Sen. John McCain (R-Ariz.) was one of three senators to vote "no" on the last repeal bill. But earlier today, McCain said he'd back the Graham-Cassidy bill if Ducey signed off on it.

Why it matters: This bill would restructure the U.S. health care system even more dramatically than the repeal-and-replace bills that preceded it. If McCain gets on board, Republicans are likely just one vote shy of passing it. The focus now will fall on Sens. Susan Collins, Lisa Murkowski and Rand Paul.

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The rise and rise of ransomware

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Ransomware attacks are becoming smarter, more common, and more dangerous.

What's happening: In ransomware incidents, attackers take systems down and demand payment (usually in bitcoin) to restore access to them.

Trump administration backs Oracle in Google fight

Photo illustration: Aïda Amer/Axios. Photo via The Washington Post.

The Trump administration is siding with Oracle in the database giant's dispute with Google before the Supreme Court — a move that comes as Oracle's founder hosts a high-dollar fundraiser for the president.

Why it matters: Billions of dollars — and, Google argues, the future of software innovation — are at stake as a long-running copyright dispute between the two giant companies heads to the Supreme Court next month.

Established VCs turn to "super angels" to grow their network

Illustration: Eniola Odetunde/Axios

Thanks to companies like AngelList and Carta that make it easier than ever to set up small VC funds, a new generation of so-called “super angels” is cropping up — and established venture funds are backing them.

Why it matters: Just like the boom in scout programs a number of years ago, it’s all about the deal flow.