When it comes to the app economy, it's clear that the spoils are not divided evenly. In fact, new data from Sensor Tower suggests that the top 10 publishers generated 67 percent of all revenue for the first quarter.
Why it matters: Just as on the free apps side, where Google and Facebook dominate, the riches are increasingly concentrated in the hands of just a few companies on the paid side.
Illustration: Sarah Grillo/Axios
Treasury Secretary Steve Mnuchin (L) and White House Chief of Staff Mark Meadows speak to the media on Capitol Hill. Photo: Mandel Ngan/AFP via Getty Images.
White House chief of staff Mark Meadows and Treasury Secretary Steven Mnuchin said President Trump should sign executive orders unilaterally addressing coronavirus stimulus spending after negotiations with congressional Democrats stalled again on Friday.
Why it matters: Friday was viewed as a self-imposed deadline to negotiate a new relief bill. But after an intense week of negotiations on Capitol Hill, White House and Democratic leadership failed to reach a deal on delivering much needed aid to Americans and businesses.
William Evanina, director of the National Counterintelligence and Security Center, before Congress in 2018. Photo: Win McNamee/Getty Images
National Counterintelligence and Security Center Director William Evanina said Friday that the Russian government is "using a range of measures" to "denigrate former Vice President Biden" before the November election.
Why it matters: Evanina warned that some Kremlin-linked actors are trying to support President Trump’s candidacy on social media and Russian television, while others are spreading false claims about corruption to undermine Biden and the Democratic Party.