Brendan Smialowski / AFP / GettyImages

Facebook is gathering data to better assess what resonates with consumers through conversations on the platform. The "downvote" button is part of a short-term test that currently doesn’t affect ranking for the comment, the post or the page.

Why it matters: In an effort to create more meaningful engagement on its platform, Facebook wants to also emphasize meaningful interactions through comments. 

What Facebook is saying: “We are not testing a dislike button. We are exploring a feature for people to give us feedback about comments on public page posts,” according to a  Facebook spokesperson. “This is running for a small set of people in the U.S. only.”

The test is only running for 5% of Android users in the US and in English only.

The feature only applies to public page posts — not groups, public figures, or friend comments.

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Trump claims TikTok will be banned if not sold by Sept. 15

President Trump said Monday that TikTok will be shut down in the U.S. if it hasn't been bought by Microsoft or another company by Sept. 15.

Why it matters: Trump appears to have backed off his threat to immediately ban TikTok after speaking with Microsoft CEO Satya Nadella, who said Sunday that the company will pursue discussions with TikTok’s Chinese parent company ByteDance to purchase the app in the U.S.

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Illustration: Sarah Grillo/Axios

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Filing suggests Manhattan DA is investigating Trump for possible fraud

Photo: Brendan Smialowski/AFP

The Manhattan District Attorney's office suggested for the first time Monday that it's investigating President Trump and his company for "alleged bank and insurance fraud," the New York Times first reported.

The state of play: The disclosure was made in a filing in federal court that seeks to force accounting firm Mazars USA to comply with a subpoena for eight years of Trump's personal and corporate tax returns.