Youtube Rego Korosi via Flickr CC

YouTube and Universal Music Group have struck a "global, multi-year agreement," the CEO's of YouTube and Universal announced Tuesday. The tech giant has also struck a deal with Sony Music, per Bloomberg. Universal says the agreement gives artists better deals. The music group will have better leverage over what appears on advertising-supported channels and what doesn't.

Why it matters: YouTube, which announced this month that it will launch its own subscription music service, now has licenses from three of the biggest record labels: Universal, Warner, and Sony. While roughly 25% of all music streamed globally comes from YouTube, it's struggled to get consumers to pay for it. It' also struggled to strike deals with labels in the past due to its lack of strict copyright protections. The deals should give YouTube more access to content to sell subscriptions.

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Supreme Court won't block Rhode Island's eased absentee voting rules

Photo: Robert Nickelsberg/Getty Images

The Supreme Court said Thursday that it will not block Rhode Island's move to ease its requirements for absentee voting during November's election.

Why it matters: The decision is a loss for Republicans, who had requested an emergency order as the state is expected to begin mailing out its ballots.

Breaking down Uber and Lyft's threat to suspend services in California

Illustration: Lazaro Gamio/Axios

Uber and Lyft are ratcheting up the fight with California’s state government over the classification of drivers with a move that would deprive Californians of their ride-hailing services (and halt driver income).

Driving the news: On Wednesday, both companies said that if a court doesn’t overturn or further pause a new ruling forcing them to reclassify California drivers as employees, they’ll suspend their services in the state until November’s election, when voters could potentially exempt them by passing a ballot measure.

Trump announces normalization of ties between Israel and UAE

Israel Prime Minister Netanyahu, Trump and UAE Crown Prince Mohammed bin Zayed. Photo: Artur Widak/NurPhoto; Samuel Corum; Odd Andersen/AFP via Getty Images

President Trump announced a "historic" deal Thursday which will see Israel and the UAE open full diplomatic relations and Israel suspend its annexation plans in the West Bank.

Why it matters: This is a major breakthrough for Israel, which lacks diplomatic recognition in many Middle Eastern countries but has been steadily improving relations in the Gulf, largely due to mutual antipathy toward Iran.