Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa Bay news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Charlotte news in your inbox

Catch up on the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

A young Paul Allen and Bill Gates at Seattle's Lakeside School. Photo: Vulcan

Paul Allen, the Microsoft co-founder who went on to become a major tech investor, philanthropist and civic leader, died Monday after a recurrence of cancer.

The big picture: Though Allen was personally low key, he made a major mark on the world, especially in his hometown of Seattle, where he helped cement the city's role.

He established a number of key institutions including the MoPop museum of pop culture and the Living Computers Museum, a gem of a place where you can try out many of the early devices that helped create the tech industry.

He also ran tech investor Vulcan, established the Allen Institute for Brain Science, owned the Seattle Seahawks and Portland Trailblazers, and did way more than Axios' format could allow me to list. Oh yeah, and he was one heck of a guitarist.

What they're saying:

  • His Microsoft co-founder Bill Gates: "I am heartbroken by the passing of one of my oldest and dearest friends. Paul was a true partner and dear friend. Personal computing would not have existed without him.” (per Bloomberg)
  • The Information's Nick Wingfield: "Paul Allen led the kind of life I think a lot of people would if they acquired unimaginable wealth. A combo of good deeds, bad investments, good investments, ridiculous toys and having somewhat obscene amounts of fun."
  • Amazon's Jeff Bezos: "Very sad to hear of Paul Allen’s passing. His passion for invention and pushing forward inspired so many. He was relentless to the end. My heart goes out to Paul’s family and friends."
  • Singer David Crosby: "damn...lost a friend we needed ...Paul Allen ...smart , decent man , ..good guitar player...funder of science ...saver of elephants ... A fine man."

Go deeper: Listen to this rare public interview from Seattle's GeekWire, recorded in 2011.

Go deeper

6 mins ago - World

Netanyahu and Israel reluctantly adjust to a post-Trump Washington

Netanyahu (R) and Biden in 2010. Photo: Avi Ohayon/GPO via Getty

Prime Minister Benjamin Netanyahu and his close aides are very nervous about the transition to a new U.S. administration after a four-year honeymoon with Donald Trump. One Israeli official told me it felt like going through detox.

What he's saying: Netanyahu congratulated Biden minutes after he was sworn in, saying in a statement that he looked forward to working together to "continue expanding peace between Israel and the Arab world and to confront common challenges, chief among them the threat posed by Iran."

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. State of play: New coronavirus cases down, but more bad news ahead.
  2. Politics: Biden set to immediately ramp up federal pandemic response with 10 executive actions — Scoop: Joe Biden's COVID-19 bubble.
  3. World: Biden will order U.S. to rejoin World Health OrganizationBiden to bring U.S. into global COVAX initiative for equitable vaccine access.
  4. Vaccine: Amazon offers to help Biden administration with COVID vaccine efforts.
Dion Rabouin, author of Markets
2 hours ago - Economy & Business

First glimpse of the Biden market

Photo: Jonathan Ernst-Pool/Getty Images

Investors made clear what companies they think will be winners and which will be losers in President Joe Biden's economy on Wednesday, selling out of gun makers, pot purveyors, private prison operators and payday lenders, and buying up gambling, gaming, beer stocks and Big Tech.

What happened: Private prison operator CoreCivic and private prison REIT Geo fell by 7.8% and 4.1%, respectively, while marijuana ETF MJ dropped 2% and payday lenders World Acceptance and EZCorp each fell by more than 1%.