Dec 4, 2017

U.K. and E.U. fail to reach Brexit deal

Photo: Virginia Mayo / AP

The European Union and the United Kingdom failed to reach a Brexit deal today after a round of negotiations in Brussels. However, E.U. Commission President Jean-Claude Juncker and Prime Minister Theresa May both expressed optimism during a joint press appearance that a deal could be reached as talks continue later this week.

The impasse: Most of the buzz surrounding today's negotiations centered on the Northern Ireland/Ireland border, with concerns that a potential deal might involve Northern Ireland, which is part of the U.K., remaining within the E.U.'s single market and customs union. That led to backlash from both May's allies in government, Northern Ireland's Democratic Unionist Party, who vehemently oppose such a deal, and leaders in remain-heavy Scotland and London, who would want such a deal for themselves.

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Trump administration backs Oracle in Google fight

Photo illustration: Aïda Amer/Axios. Photo via The Washington Post.

The Trump administration is siding with Oracle in the database giant's dispute with Google before the Supreme Court — a move that comes as Oracle's founder hosts a high-dollar fundraiser for the president.

Why it matters: Billions of dollars — and, Google argues, the future of software innovation — are at stake as a long-running copyright dispute between the two giant companies heads to the Supreme Court next month.

Established VCs turn to "super angels" to grow their network

Illustration: Eniola Odetunde/Axios

Thanks to companies like AngelList and Carta that make it easier than ever to set up small VC funds, a new generation of so-called “super angels” is cropping up — and established venture funds are backing them.

Why it matters: Just like the boom in scout programs a number of years ago, it’s all about the deal flow.

Scoop: Top NSC official reassigned to Energy Department amid "Anonymous" fallout

Photo: Mark Wilson/Getty Images

Deputy national security adviser Victoria Coates will be reassigned as a senior adviser to Energy Secretary Dan Brouillette, the National Security Council said Thursday — and a senior White House official said that the administration "rejects" the rumors that she is "Anonymous."

Why it matters: Coates has battled claims that she is the still-unknown Trump administration official that penned a New York Times op-ed and book critical of President Trump.