Axios

Carl Icahn announced over Twitter that he will no longer advise Trump on regulatory issues:

Icahn wrote in his letter to Trump after telling the President he didn't want "partisan bickering" to call into question his role. He reiterated that he "had no duties whatsoever" and didn't profit from his unofficial advisory role. (His second tweet linked to the letter.) That comes after a deluge of critiques from Democrats about conflicts of interest.

Exit recap: This exit comes the same week as Trump's remarks about "both sides" being responsible for violence in Charlottesville, which led to the mass exodus of CEOs from Trump's special councils, Trump's move to shut down the manufacturing and strategy and policy forum, along with the infrastructure council. Plus today the arts and humanities committee resigned over Trump's Charlottesville response.

Warner Bros. and Universal Pictures are negotiating a deal with Apple and Comcast to offer audiences digital versions of movies two weeks after their theatre releases, Bloomberg reports. Sources familiar with the matter tell Bloomberg that the deal could come as early as next year. As more consumers watch movies via streaming services, studios want a digital distribution package that help will make up for the decline in DVD sales and home entertainment.

Why it matters: The theatre chain and studio businesses have been unable to compromise on a more expensive ($30+) digital movie option. At issue for some studios is the cost/benefit analysis of charging ahead without the blessing of theatre chains, who still hold enormous power distributing movies and driving revenue. Noticeably missing from the negotiations is Disney, which announced it would build its own entertainment streaming package.

In less than a month, over 29 million unique viewers have already watched "Stay Tuned," NBC News' daily Snapchat Discover show, Axios has learned.

Why it matters:

• Millennials are actually watching news shows: Getting nearly 30 million young people to watch a hard news show is an enormous feat, given that millennials don't typically watch TV news show on cable. (The average cable news viewer is over 60 years old.)
• Video news is going mobile: Snapchat uses its own measurement techniques that are different from television ratings (they measure a view as a video being opened), so a direct comparison cannot be made to TV, but the success of "Stay Tuned," combined with the success of Snapchat's original political newscast "Good Luck America," demonstrate a major shift in how TV news will transition to mobile in the digital age.

Crowdfunding websites like Kickstarter and Indiegogo have been successful early sources of funding and customers for consumer hardware startups.

But that's no longer enough, says Kate Whitcomb, a former Target executive who is now program director at hardware accelerator Hax.

Why it matters: Despite the boom in consumer hardware products in recent years, not all have been able to find a market beyond the enthusiasm of their early fans. So it's not surprising that experts are nudging them towards mass retail channels, especially as companies like Amazon try to become friendlier to startups (its Launchpad unit was specifically created to sell products made by startups).