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Facebook usage among 12 to 17-year-olds will decline for the first time this year, eMarketer estimates. Meanwhile, eMarketer's latest forecast for the first time has Snapchat beating both Instagram and Facebook in terms of total users aged 12 to 17 and 18 to 24.

Why it matters: This marks the first time eMarketer has ever predicted a decline in Facebook usage for any age group and usage among people 24 and younger will grow more slowly than previously forecast.

Expand chart

Data: eMarketer; Chart: Lazaro Gamio / Axios

  • "We see teens and tweens migrating to Snapchat and Instagram," says eMarketer forecasting analyst Oscar Orozco. "Both platforms have found success with this demographic since they are more aligned with how they communicate – using visual content."
  • "Outside of the Facebook-cutters, teens and tweens remaining on Facebook seem to be less engaged – logging in less frequently and spending less time on the platform. At the same time, we now have Facebook-nevers, many children aging into the tween demographic that appear to be overlooking Facebook altogether, yet still engaging with Facebook-owned Instagram."

Writing on the wall: Forbes headline from February: Facebook Users Posted A Third Less Content In 2016 Than In 2015.

Publishers take notice: BuzzFeed today Tuesday it will launch an all-new Snapchat Discover Publisher Stories for its Tasty and Nifty brands in early September. Both brands started as Facebook pages.

Go deeper

Anti-abortion activists' Supreme Court dreams are coming true

Photo illustration: Annelise Capossela. Photos: Kevin Dietsch/Getty Images

This is the moment the conservative legal movement has been building toward for decades: The solidly conservative Supreme Court is about to hear two major abortion cases within a month of each other.

Why it matters: All of this is likely to end with significant new restrictions on abortion and a clear path for Republican-led states to win the next big abortion cases, too — the culmination of a long and bitter fight for control of the judiciary.

Felix Salmon, author of Capital
43 mins ago - Economy & Business

Trump's volatile return to the stock market

Expand chart
Data: YCharts; Chart: Axios Visuals 

Donald Trump this week became both a meme stock and a social-media entrepreneur at the same time, by announcing that a new company called Trump Media & Technology Group was going to merge with an existing company listed on the stock market.

Why it matters: The medium-term promise of Trump's media company is that it will replace Twitter for anybody wanting to keep track of Trump's messages. The short-term promise is that it can be a hot new speculative vehicle for people wanting to get rich quick in the stock market.

Updated 10 hours ago - World

U.S. airstrike kills senior al-Qaeda leader in Syria, DOD says

A displacement camp near the village of Qah in Syria's northwestern Idlib province. Photo: Ahmad Al-Atrash/AFP via Getty Images

A U.S. airstrike in northwest Syria on Friday killed senior al-Qaeda leader Abdul Hamid al-Matar, U.S. Central Command said in a statement.

Why it matters: Syria serves as a "safe haven" for the extremist group to plan external operations, according to U.S. Army Maj. John Rigsbee.