Carolina Panthers quarterback Cam Newton. Photo by Layne Murdoch/Getty Images.
David Tepper, the billionaire co-founder of hedge fund Appaloosa Management, has won out to buy the Carolina Panthers football franchise, according to multiple reports. A deal could be formally announced as early as next week.
Backstory: Jerry Richardson, who has owned the Panthers since its formation, put the team up for sale last year amid allegations of sexual and racial harassment in the workplace.
Photo Illustration: Aïda Amer/Axios. Photo: Saul Loeb/AFP via Getty Images
Facebook said Wednesday that it was removing a series of ads from President Trump's campaign that linked American acceptance of refugees with increased coronavirus risk, a connection Facebook says is without merit.
Why it matters: The ads were pulled after they received thousands of impressions and are a sign that the Trump campaign continues to test the limits of social media rules on false information.
Illustration: Sarah Grillo/Axios
More than 73.1 million people watched the first presidential debate on television on Tuesday night, according to Nielsen ratings.
Why it matters: While that's a sizable audience for any American TV program, it's down more than 13% from the record number of TV viewers who tuned in for the first debate of the 2016 election. The chaotic nature of the debate and the overall uncertainty around this year's election may have pushed some viewers away.
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