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YouTube to launch 40 free, original shows

Youtube Rego Korosi via Flickr CC

YouTube announced it's planning to introduce a total of 40 original shows over the next year, available free to all consumers. The first few series will look a lot like content viewers are used to seeing on TV, with celebrities like Kevin Hart, Ellen DeGeneres and Katy Perry.

YouTube began producing original content series last year (30 in total) through its subscription service, YouTube Red, and heard positive feedback from advertisers. According to Bloomberg, YouTube is spending "hundreds of millions of dollars" on original content, a far cry from Amazon and Netflix's multi-billion dollar investments.

Why it matters: YouTube has taken many steps to win cord-cutting audiences through subscription-based products, but an ad-supported product available to all billion+ users is perhaps cable TV's biggest threat. Other big players that caught marketer's attention at this season's NewFronts in NYC were Twitter and Hulu.

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Trump: Transgender people "disqualified" from the military

SecDef Jim Mattis and Gen. Joseph Dunford.
Secretary of Defense Jim Mattis and Gen. Joseph Dunford. Photo: Andrew Harrer-Pool / Getty Images

President Trump late Friday issued an order disqualifying most transgender people from serving in the military.

"[T]ransgender persons with a history or diagnosis of gender dysphoria -- individuals who the policies state may require substantial medical treatment, including medications and surgery -- are disqualified from military service except under certain limited circumstances."

Why it matters: Anything short of an inclusive policy for transgender troops will be viewed as a continuation of the ban Trump announced on Twitter in August.

Haley Britzky 3 hours ago
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Both Bush and Obama also requested line item veto power

Donald Trump.
Photo: Mark Wilson / Getty Images

President Trump tweeted on Friday evening that to avoid having "this omnibus situation from ever happening again," he wants Congress to re-instate "a line-item veto."

Why it matters: This would allow him to veto specific parts of a bill without getting rid of the entire thing. Trump was deeply unhappy with the $1.3 trillion spending bill approved by Congress early Friday morning, but signed it anyway on Friday afternoon.