Jun 14, 2017

Fox ditches 'Fair and Balanced' slogan

AP Photo/Mary Altaffer

"Fair and Balanced" is out as Fox News' slogan, NY Magazine's Gabe Sherman reports. The slogan dates back to the network's founding in 1996, when it was coined by former chairman Roger Ailes.

The decision was made last summer by Fox News co-president Jack Abernethy, because the slogan had been "mocked" after sexual harassment claims against Ailes, Sherman reports, but the change isn't expected to impact coverage.

Why it matters: The slogan is a longstanding piece of Fox News' brand that's being dropped because of links to Fox's old guard, three senior members of which (Roger Ailes, Bill O'Reilly and Bob Beckel) were removed after a series of scandals over the past year. Aside from those ousters, Fox has yet to roll out any big digital, advertising or marketing changes.

Go deeper

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.

Scoop: Top NSC official reassigned to Energy Department amid "Anonymous" fallout

Photo: Mark Wilson/Getty Images

Deputy national security adviser Victoria Coates will be reassigned as a senior adviser to Energy Secretary Dan Brouillette, the National Security Council said Thursday — and a senior White House official said that the administration "rejects" the rumors that she is "Anonymous."

Why it matters: Coates has battled claims that she is the still-unknown Trump administration official that penned a New York Times op-ed and book critical of President Trump.