Elise Amendola / AP

Per Bloomberg, Verizon is securing rights from TV networks to stream their content online, which is an important step towards moving into the digital TV streaming market. According to people familiar with the move, Verizon will sell a package with dozens of channels this summer that will be separate from FiOS.

The move follows a trend of other telecom companies taking steps to move into the digital TV space. On Monday, Bloomberg reported that Comcast has negotiated rights from the owners of cable companies to broadcast their video services outside of its regional territories, which could indicate that they're moving into the TV streaming service. Other telecom companies have already jumped into online streaming, including Dish Network with SlingTV and Apple Inc. with DirectTV.

Why it matters: The TV consumption trend is quickly moving from traditional TV sets to digital streaming. Per the Consumer Technology Association, the percentage of streaming service subscribers (free or paid) has caught up with the percentage of pay-TV service providers for the first time ever. Per Nielsen, 23% of U.S. households own a digital streaming device.

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How small businesses got stiffed by the coronavirus pandemic

Illustration: Aïda Amer/Axios

The story of American businesses in the coronavirus pandemic is a tale of two markets — one made up of tech firms and online retailers as winners awash in capital, and another of brick-and-mortar mom-and-pop shops that is collapsing.

Why it matters: The coronavirus pandemic has created an environment where losing industries like traditional retail and hospitality as well as a sizable portion of firms owned by women, immigrants and people of color are wiped out and may be gone for good.

Apple's antitrust fight turns Epic

Illustration: Aïda Amer/Axios

Millions of angry gamers may soon join the chorus of voices calling for an antitrust crackdown on Apple, as the iPhone giant faces a new lawsuit and PR blitz from Epic Games, maker of mega-hit Fortnite.

Why it matters: Apple is one of several Big Tech firms accused of violating the spirit, if not the letter, of antitrust law. A high-profile lawsuit could become a roadmap for either building a case against tech titans under existing antitrust laws or writing new ones better suited to the digital economy.

Survey: Fears grow about Social Security’s future

Data: AARP survey of 1,441 U.S. adults conducted July 14–27, 2020 a ±3.4% margin of error at the 95% confidence level; Chart: Naema Ahmed/Axios

Younger Americans are increasingly concerned that Social Security won't be enough to wholly fall back on once they retire, according to a survey conducted by AARP — in honor of today's 85th anniversary of the program — given first to Axios.

Why it matters: Young people's concerns about financial insecurity once they're on a restricted income are rising — and that generation is worried the program, which currently pays out to 65 million beneficiaries, won't be enough to sustain them.