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AP

The White House has invited venture capitalists and entrepreneurs to meet about emerging tech trends, such as drones and the Internet of Things, and regulations surrounding them, first reported by Buzzfeed and confirmed by Axios.

The meeting is being organized by U.S. Deputy Chief Technology Officer Michael Kratsios, former chief of staff to Silicon Valley investor and Trump supporter Peter Thiel.

Tech meeting blitz: The meeting is slated for June 22, per Buzzfeed — three days after Trump is slated to meet with technology company CEOs about policy issues such as cybersecurity, immigration and modernizing government IT systems.

Why it matters: Trump may be bogged down by political drama, but his staff focused on innovation issues have been working behind the scenes — and out of the news cycles – to forge relationships with technology sector leaders. Despite expressing public concern for some of Trump's policies, the industry still seems willing to show up. And entrepreneurs and investors don't have to worry about employee and customer backlash at the same scale as bigger tech brands.

Go deeper

Bryan Walsh, author of Future
21 mins ago - Politics & Policy

President Biden faces a deeply broken America

Illustration: Aïda Amer/Axios

As President Biden begins his term in office today, he'll be tasked with leading a country beset with deep, long-term problems.

Why it matters: Though the pandemic has made them worse, existential challenges around inequality, social alienation and political division in the U.S. were in place well before SARS-CoV-2 arrived on American shores. The country's future will depend in large part on whether the choices made over the next four years can flatten the curve of American decline.

Facebook, Instagram transfer accounts, followers to Biden administration

Screenshot of official White House Facebook account.

Facebook on Wednesday confirmed that it is transferring the millions of followers of the official Facebook and Instagram White House accounts to the Biden administration.

Details: The accounts for "@POTUS," "@VicePresident" ("@VP" on Instagram) and "@FLOTUS" are having the followers from their personal Pages and accounts be transferred over. It's unclear when that transition process will be complete.

Updated 49 mins ago - Politics & Policy

Inauguration Day dashboard

Biden delivers his inaugural address on the West Front of the Capitol. Photo by Tasos Katopodis/Getty Images

President Biden has delivered his inaugural address at the Capitol, calling for an end to the politics as total war but warning that "we have far to go" to heal the country.

What's next: Biden signs executive orders and swears in day one presidential appointees in a virtual ceremony.