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U.S. Capitol. Photo: Photo: Zach Gibson via Getty Images

Bipartisan negotiations to strike a border security deal and to keep the federal government open have broken down over the past 24 hours.

Driving the news: "Negotiations reached an impasse on Saturday, primarily over detention beds and interior enforcement, according to four sources familiar with the talks," Politico reports.

  • "Democratic negotiators offered a deal to their Republican counterparts, but Republicans are refusing to negotiate until Democrats take back their demand for a cap on the number of beds used for undocumented immigrants who have committed crimes, two of the sources said."

What's next? Very unclear. If the talks are dead, Trump is so dug in he has only two options: shut down the government again or use his emergency powers to get the money.

  • Our thought bubble: Both options are horrible. The first would herald a return to chaos, depleted government services and federal workers being deprived of pay. The second would mean an instant court fight and backlash from Congress.

Go deeper: Mick Mulvaney says we "absolutely cannot" rule out another shutdown

Go deeper

The rebellion against Silicon Valley (the place)

Photo illustration: Sarah Grillo/Axios. Smith Collection/Gado via Getty Images

Silicon Valley may be a "state of mind," but it's also very much a real enclave in Northern California. Now, a growing faction of the tech industry is boycotting it.

Why it matters: The Bay Area is facing for the first time the prospect of losing its crown as the top destination for tech workers and startups — which could have an economic impact on the region and force it to reckon with its local issues.

Erica Pandey, author of @Work
27 mins ago - Economy & Business

Telework's tax mess

Illustration: Annelise Capossela/Axios

As teleworkers flit from city to city, they're creating a huge tax mess.

Why it matters: Our tax laws aren't built for telecommuting, and this new way of working could have dire implications for city and state budgets.

Wanted: New media bosses, everywhere

Illustration: Sarah Grillo/Axios

The Washington Post, Los Angeles Times, Reuters, HuffPost and Wired are all looking for new editors. Soon, The New York Times will be too.

Why it matters: The new hires will reflect a new generation — one that's addicted to technology, demands accountability and expects diversity to be a priority.