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Photo by Jaap Arriens/NurPhoto via Getty Images

Google has launched a new Google Podcasts app on Android, available globally in the Google Play Store, with the goal of driving adoption of podcasts among Android's two billion users worldwide.

Why it matters: It's experimenting with how its artificial intelligence features, like automatic subtitling and Google Translate, can help modernize podcasting and broaden audiences.

Between the lines: There's a revenue opportunity for Google in the audio space as well. Last month, Google also launched audio ads within DoubleClick Bid Manager.

About the app:

  • Google Podcasts will have more than two million podcasts at launch. The product will keep all podcasts in sync across all your Google products (from Assistant, Search to Home and Pixel), and will give users personalized recommendations for podcasts you might like.
  • In the coming months, Google says it will launch several AI-powered features within the app, including the ability to read along with your podcast (in multiple languages), proactive suggestions of content related to your podcast, and the ability to easily “see” what’s ahead in the episode you’re listening to.

Go deeper

Updated 31 mins ago - Politics & Policy

Inauguration Day dashboard

Screenshot: Fox News

President Trump has delivered a farewell speech and departed Washington for the last time on Air Force One, kicking off the day that will culminate with President-elect Joe Biden taking office.

What's next: The inaugural celebration for young Americans is being livestreamed, starting at 10am.

Updated 48 mins ago - Politics & Policy

Trump departs on final Air Force One flight

President Trump and his family took off on Air Force One at 9 a.m. on Wednesday morning for the final time en route to Florida.

The big picture: Trump's final hours as president were punctuated by his decisions to snub his successor's inauguration and grant pardons to many of his allies who have been swept up in corruption scandals.

Dion Rabouin, author of Markets
2 hours ago - Economy & Business

Janet Yellen said all the right things to reassure the markets

Illustration: Aïda Amer/Axios

Treasury Secretary nominee and former Fed chair Janet Yellen's confirmation hearing before the Senate Finance Committee on Tuesday showed markets just what they can expect from the administration of President-elect Joe Biden: more of what they got under President Trump — at least for now.

What it means: Investors and big companies reaped the benefits of ultralow U.S. interest rates and low taxes for most of Trump's term as well as significant increases in government spending, even before the coronavirus pandemic.