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Illustration: Sarah Grillo/Axios

Stories, the string of photos and videos invented by Snapchat and ripped off by Facebook for Instagram are now being ripped off by ... everyone.

Why it matters: There’s no doubt that the format has been a success and a growing number of companies repurposing it to fit their users’ needs and — hopefully — gain some of their attention.

Driving the news: Spotify is reportedly testing its own version of the Stories format, according to Android Police. The format would enable artists to share content about a particular song’s backstory or inspiration — a natural medium for social media-savvy users and artists and a clever way to capture content that might otherwise end up on other apps.

Others that have also rolled out or tested their own version of Stories:

The bottom line, via Axios tech editor Scott Rosenberg: The story of the internet is one long chronicle of people hopping from one mode of personal sharing to another — from home pages to blogs to social media feeds. New media forms very rarely vanish; they just find new niches as consumption behavior and distribution practices change.

Go deeper: Snapchat goes all in on e-commerce with new ad product launch

Go deeper

Senate confirms retired Gen. Lloyd Austin as defense secretary

Photo: Greg Nash-Pool/Getty Images

The Senate voted 93-2 on Friday to confirm retired Gen. Lloyd Austin as secretary of defense. Sens. Mike Lee (R-Utah) and Josh Hawley (R-Mo.) were the sole "no" votes.

Why it matters: Austin is the first Black American to lead the Pentagon and President Biden's second Cabinet nominee to be confirmed.

House will transmit article of impeachment to Senate on Monday, Schumer says

Photo: Drew Angerer/Getty Images

Senate Majority Leader Chuck Schumer (D-N.Y.) announced that the House will deliver the article of impeachment against former President Trump for "incitement of insurrection" on Monday.

Why it matters: The Senate is required to begin the impeachment trial at 1pm the day after the article is transmitted.

Dan Primack, author of Pro Rata
2 hours ago - Politics & Policy

Private equity bets on delayed tax reform in Biden administration

Illustration: Brendan Lynch/Axios

In normal times, private equity would be nervous about Democratic Party control of both the White House and Congress. But in pandemic-consumed 2021, the industry seems sanguine.

Driving the news: Industry executives and lobbyists paid very close attention to Treasury Secretary nominee Janet Yellen's confirmation hearings this week, and came away convinced that tax reform isn't on the near-term agenda.