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Twitter's chief information security officer is leaving

The Twitter application is seen on an iPhone in this photo illustration on December 4, 2017. Photo: Jaap Arriens/NurPhoto via Getty Images

Michael Coates, Twitter's chief information security officer who joined in 2015, is leaving the company, as The Verge first reported and the company has confirmed to Axios.

Why it matters: Coates's departure comes just a couple of days after the NY Times reported that Facebook's security chief is on his way out later this year. But Coates appears to be leaving to start his own company.

Amy Harder 2 hours ago
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Trump’s electricity solution in search of a problem

A group of President Trumps with power lines strung between them
Illustration: Rebecca Zisser/Axios

President Trump is directing his administration to prop up financially struggling coal and nuclear power plants to ensure the electricity grid is resilient and reliable, but government data and most objective experts say there is no such problem.

Why it matters: America’s electricity fuel mix is undergoing significant change, which does present challenges. But Trump’s laser focus on coal and nuclear power — and companies seizing on that — distracts the debate from more substantive issues.

Sam Baker 2 hours ago
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How to lower prescription drug costs

A pill and a hammer
Illustration: Sarah Grillo/Axios

President Trump's upcoming speech on drug prices will probably stick to small-ball ideas. But small-ball doesn't necessarily mean no impact.

Reality check: There are a lot of legitimate ways to bring down drug costs; there are also a lot of empty gestures masquerading as real change. Here's a guide to the kinds of ideas and the odds that they'll actually happen.