Marcio Jose Sanchez / AP

HTC is reportedly in advanced talks to sell its smartphone business to Google, according to a report in a Taiwanese outlet spotted by Business Insider. Financial details aren't available, but the deal would reportedly only involve HTC's smartphone R&D team. HTC has previously been rumored to be considering selling part or all of its business, which include the smartphone operations as well as its Vive virtual reality unity.

Google declined to comment.

Deja Vu: Google bought Motorola several years back and drastically pared it down before selling it to Lenovo a couple years later.

Irony: Rick Osterloh, who ran Motorola at Google, now runs Google's hardware unit, which presumably would be the one that would inherit the HTC team.

Strategic value questionable: Motorola arguably had far greater assets, strong brand and patent portfolio, in addition to a larger hardware business. It's not clear what HTC would bring, aside from some additional hardware expertise to Google's Pixel team.

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Breaking down the Tesla obsession

Illustration: Sarah Grillo/Axios

Tesla is the company of the moment — the prime exemplar of just about any big and important trend that you might care about.

Why it matters: Almost every reader of finance and business news will have at least one strongly-held opinion about Tesla. What you might not realize is just how widely those opinions range, and the degree to which they map onto much broader views of the world.

Gallup: Party preference swings dramatically in favor of Democrats

Photo: Jim Watson/AFP via Getty Images

Americans' political party preferences have swung sharply from a 2-point Republican advantage in January to an 11-point Democratic advantage in July, according to Gallup's monthly averages of telephone polls in 2020.

The big picture: The dramatic shift is more a product of fewer people identifying as Republican or Republican-leaning (down 8% since January) than gains among those who identify as Democratic or Democratic-leaning (up 5%).

Nancy Pelosi: "I yearn for other Republican presidents"

House Speaker Nancy Pelosi (D-Calif.) called on President Trump Thursday to exercise "the full power" of the Defense Production Act to meet coronavirus equipment needs and accused him of engaging in a "massive dereliction of duty" by ignoring science during the pandemic.

What she's saying: "I yearn for other Republican presidents," Pelosi said at a press conference. "While we may have disagreed on many points, but at least we had a shared commitment to the governance of our country."