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YouTube Go video app expanding to 130 countries

A user opens the YouTube app on a smartphone. Photo: Jaap Arriens / NurPhoto via Getty Images

Alphabet is broadening the reach of its YouTube Go video app to more than 115 countries, Reuters reports. The "Go" app's expansion to countries such as Brazil, Mexico, Turkey and Iraq doubles its accessibility to roughly 60 percent of the world's population.

Why it matters: The app is designed for emerging markets where consumers may have cheaper phones and limited Internet access. Users are able to preview and download videos for offline viewing and sharing, and receive more prompts regarding their mobile data usage.

Go deeper

Courtenay Brown
37 mins ago - Economy & Business

Wall Street wonders how bad it has to get

Illustration: Aïda Amer/Axios

Wall Street is working out how bad the economy will have to get for Congress to feel motivated to move on economic support.

Why it matters: A pre-Thanksgiving data dump showed more evidence of a floundering economic recovery. But the slow drip of crumbling economic data may not be enough to push Washington past a gridlock to halt the economic backslide.

Go deeper (2 min. read)Arrow
Axios
1 hour ago - Health

Moderna to file for FDA emergency use authorization for COVID-19 vaccine

Photo illustration by STR/NurPhoto via Getty Images

Moderna announced that it plans to file with the FDA Monday for an emergency use authorization for its coronavirus vaccine, which the company said has an efficacy rate of 94.1%.

Why it matters: Moderna will become the second company to file for a vaccine EUA after Pfizer did the same earlier this month, potentially paving the way for the U.S. to have two COVID-19 vaccines in distribution by the end of the year. The company said its vaccine has a 100% efficacy rate against severe COVID cases.

Go deeper (<1 min. read)Arrow
Scott Rosenberg
3 hours ago - Technology

The social media addiction bubble

Illustration: Annelise Capossela/Axios

Right now, everyone from Senate leaders to the makers of Netflix's popular "Social Dilemma" is promoting the idea that Facebook is addictive.

Yes, but: Human beings have raised fears about the addictive nature of every new media technology since the 18th century brought us the novel, yet the species has always seemed to recover its balance once the initial infatuation wears off.

Go deeper (3 min. read)Arrow