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• Source limited to: Axios

 2020-08-03 23:03 

Axios

Twitter faces FTC fine of up to $250 million over alleged privacy violations...

The Federal Trade Commission has accused Twitter of using phone numbers and emails from its users to make targeted ads between 2013 and 2019, Twitter said in an SEC filing published Monday. Why it matters: Twitter estimates that the FTC's draft compla...

 2020-08-03 21:48 

Axios

"Tenet" may be the first major film to get a worldwide theatrical release during the pandemic...

If all goes to plan, Christopher Nolan's thrice-delayed "Tenet" will be the first blockbuster to receive a proper worldwide theatrical release amid the coronavirus pandemic at the end of this month. Why it matters: It'll be playing a $200 ...

 2020-08-03 20:17 

Axios

13 members of St. Louis Cardinals test positive for coronavirus...

Seven players and six staff members from the St. Louis Cardinals have tested positive for the coronavirus over the past week, prompting the MLB to postpone the team's upcoming four-game series against the Detroit Tigers. Why it matters: Seven consecut...

 2020-08-03 19:36 

Axios

Podcast: White House adviser Peter Navarro talks TikTok...

President Trump has relaxed his threat to immediately ban the popular social media app TikTok, giving Microsoft room to negotiate an acquisition from Chinese tech giant ByteDance. Axios Re:Cap digs into the situation with Peter Navarro, the White House...

 2020-08-03 18:23 

Axios

Trump claims TikTok will be banned if not sold by Sept. 15...

President Trump said Monday that TikTok will be shut down in the U.S. if it hasn't been bought by Microsoft or another company by Sept. 15. Why it matters: Trump appears to have backed off his threat to immediately ban TikTok after speaking with Micro...

 2020-08-03 17:33 

Axios

Filing suggests Manhattan district attorney is investigating Trump for possible fraud...

The Manhattan District Attorney's office suggested for the first time Monday that it's investigating President Trump and his company for "alleged bank and insurance fraud," the New York Times first reported. The state of play: The disclosu...

 2020-08-03 16:40 

Axios

House Democrats subpoena top Pompeo aides in probe of inspector general firing...

The Democratic chairs of the House Oversight and House Foreign Affairs committees announced subpoenas Monday for four State Department officials as part of their investigation into the firing of former Inspector General Steve Linick. Why it matters: The t...

 2020-08-03 15:06 

Axios

Pelosi: Birx "enabled" Trump on coronavirus misinformation...

House Speaker Nancy Pelosi told CNN on Monday she does not have confidence in White House coronavirus task force coordinator Deborah Birx because "she has enabled" President Trump to spread coronavirus misinformation. What she's saying: "I...

 2020-08-03 15:00 

Axios

Google launches $349 Pixel 4a...

Google on Monday launched its long-expected Pixel 4a, a $349 device that brings key features of the company's flagship smartphone to a more affordable price point. Why it matters : Google saw surprisingly strong demand for last year's "a" ...

 2020-08-03 14:37 

Axios

A wild weekend for Microsoft's play for TikTok...

While its Big Tech rivals were testifying in front of a congressional antitrust committee last week, Microsoft was negotiating what could be the largest — and most politically perilous — tech acquisition of 2020. The state of play: The hullaba...

 2020-08-03 14:24 

Axios

XFL sold to group that includes Dwayne "The Rock" Johnson for $15 million...

The XFL sold Monday for $15 million to a group that includes former WWE star Dwayne "The Rock" Johnson, Sportico reports . The state of play: The move does not necessarily mean the upstart football league is returning. Axios has learned that the b...

 2020-08-03 12:09 

Axios

Pac-12 football players threaten coronavirus opt-out over health and social justice concerns...

A group of Pac-12 football players have threatened to opt out of the season unless the conference addresses systemic inequities and concerns related to the coronavirus pandemic. Why it matters: College football players have never had more leverage than th...

 2020-08-03 11:47 

Axios

Betting on inflation is paying off big for investors...

The specter of rising inflation is helping power assets like gold, silver and Treasury Inflation-Protected Securities (TIPS) to strong returns with record demand this year. The big picture: Investors continue to pack in even as inflation metrics like the ...

 2020-08-03 11:38 

Axios

Howard Schultz gathers top CEOs to urge Congress to help small businesses...

With a new coronavirus relief measure stalled in Congress, CEOs of some of the world's biggest companies have banded together to send a message to Washington: Get money to small businesses now! Why it matters: "By Labor Day, we foresee a wave of p...

 2020-08-03 10:01 

Axios

What a President Biden would mean for tech...

A Biden presidency would put the tech industry on stabler ground than it's had with President Trump. Although Biden is unlikely to rein in those Democrats who are itching to regulate the big platforms, he'll almost certainly have other, bigger pri...

 2020-08-03 09:40 

Axios

Another setback for retailers: an extinct back-to-school shopping season...

A virtual school year will likely push retailers even closer to the brink. Why it matters: Back-to-school season is the second-biggest revenue generating period for the retail sector, after the holidays. But retailers say typical shopping sprees will be s...

 2020-08-03 09:00 

Axios

Health insurers, pharma, hospitals register lofty Q2 profits despite coronavirus pandemic...

The economy has been tanking. Coronavirus infections and deaths have been rising. And the health care industry is as rich as ever. The big picture: Second-quarter results are still pouring in, but so far, a vast majority of health care companies are repor...

 2020-08-03 09:00 

Axios

How climate and business woes are sinking an Oregon natural-gas project...

The Trump administration recently touted its approval of America's first terminal on the West Coast to export liquefied natural gas. There's just one problem: it probably won't be built. Why it matters : The project in southern Oregon faces po...

 2020-08-02 23:30 

Axios

Microsoft to continue talks on potential TikTok purchase after CEO's talks with Trump...

Microsoft announced in a blog post Sunday it would "move quickly to pursue discussions with TikTok's parent company, ByteDance, in a matter of weeks," to buy the firm following conversations between President Trump and the tech giant's CEO...

 2020-08-02 21:22 

Axios

Why Biden's pick for a vice president matters to Trump's re-election...

After pausing their multimillion-dollar advertising campaign to review their strategy, the Trump campaign plans to launch new ads on Monday depicting Joe Biden as a puppet "controlled by the radical left," according to two senior campaign official...

 2020-08-02 21:16 

Axios

Inside Joe Biden's painstaking path to picking a VP candidate...

Joe Biden's process for selecting a running mate highlights a fundamental difference between his campaign and the president's re-election effort: Biden is deliberative, while President Trump goes with his gut. Why it matters: The way Biden is sear...

 2020-08-02 20:42 

Axios

Trump demands death penalty for Boston Marathon bomber...

President Trump on Sunday called for the federal government to seek the death penalty against Dzhokhar Tsarnaev, the man convicted for the 2013 Boston Marathon bombing, after federal appeals court tossed his sentence this week. The big picture: The Trump ...

 2020-08-02 18:51 

Axios

Historic SpaceX mission successfully returns NASA astronauts to Earth...

NASA astronauts Doug Hurley and Bob Behnken are safely back on Earth after a historic flight to and from the International Space Station provided by SpaceX. Why it matters: The landing marks the end of SpaceX's first crewed trip to the space station f...

 2020-08-02 17:04 

Axios

Dr. Birx: U.S. has entered new phase of coronavirus pandemic...

White House coronavirus task force coordinator Deborah Birx said Sunday on CNN that the U.S. has shifted into a new phase of the coronavirus pandemic, as infections have spread further into rural areas than in March and April. Why it matters: Coronavirus ...

 2020-08-02 16:52 

Axios

Top HHS official: "We need to move on" from hydroxychloroquine...

Trump administration testing coordinator Adm. Brett Giroir told NBC's "Meet the Press" Sunday there is no evidence that hydroxychloroquine is an "effective" coronavirus treatment. Why it matters: President Trump has continued to advert...

 2020-08-02 16:29 

Axios

Preview: "Axios on HBO" interviews President Trump...

In the next episode of "Axios on HBO," President Trump discusses his handling of the coronavirus pandemic, the upcoming election and much more with national political correspondent Jonathan Swan. Catch the full interview on Monday, Aug. 3, at 11pm...

 2020-08-02 16:13 

Axios

Rep. Clyburn: Trump won't leave White House if he loses the election...

Rep. James Clyburn (D-S.C.) said Sunday he believes Trump is "trying to put a cloud over the election" because he doesn't plan to leave office if he loses. The big picture: Clyburn told "CNN's State of the Union" that "the Amer...

 2020-08-02 15:58 

Axios

What a Microsoft deal to buy TikTok would look like...

President Trump, who said Friday night that he'll ban TikTok, may allow Microsoft to buy the app's U.S. operations if there's "complete separation" from the original, Beijing-based company, Republican sources tell me. What's new: C...

 2020-08-02 15:55 

Axios

White House, Democrats no closer to reaching stimulus deal after unemployment benefits expire...

Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi took the standoff on the next coronavirus stimulus package to ABC's "This Week" on Sunday. Why it matters: Enhanced unemployment insurance expired for tens of millions of American...

 2020-08-02 14:44 

Axios

Facebook hate-speech boycott had little effect on revenue...

The high-profile Facebook ad boycotts that began in June and ramped up in July, pressuring the social network to act more forcefully against hate speech, have so far not put much of a dent in Facebook's top or bottom lines. Driving the news: Facebook ...

 2020-08-02 14:28 

Axios

Stigma surrounding coronavirus could stifle response in Africa...

Arbitrary and sometimes harsh quarantine rules and a lack of information about the coronavirus have contributed to a culture of stigma around the virus in parts of Africa, which is approaching 1 million cases, AP reports. Why it matters: Coronavirus patie...

 2020-08-02 12:59 

Axios

Young people drive rise in coronavirus cases in Europe...

A sudden surge in new cases in parts of Europe is imperiling the continent's progress in containing the coronavirus, the Wall Street Journal reports . The big picture: Young people are going to bars and ignoring social-distancing rules, as authorities...

 2020-08-02 11:00 

Axios

Every minute of the school day looks a lot different in a global pandemic...

Millions of kids are about to head back to school, but students, teachers, administrators and parents still don't have a clear picture of how it's going to work. The big picture: Even the best-laid plans for in-person classes will likely be full o...

 2020-08-02 04:47 

Axios

In photos: Thousands ordered to evacuate as massive Southern California fire grows...

Southern California officials ordered multiple mandatory evacuations as a growing wildfire burned across some 12,000 acres on Saturday, per CalFire . The big picture: Some 7,800 people were under evacuation orders after the Apple fire in Riverside County,...

 2020-08-02 01:04 

Axios

Tropical Storm Isaias expected to strengthen into hurricane as it nears Florida...

As Tropical Storm Isaias neared Florida's east coast Saturday, Gov. Ron DeSantis (R) urged communities to "remain vigilant and be prepared for heavy rain, strong winds and potential flooding." The state of play: After pummeling the Bahamas and...

 2020-08-02 00:11 

Axios

"Wrong": Trump calls out Fauci over coronavirus cases surge...

President Trump called out Anthony Fauci Saturday in a comment retweeting a video of the NIAID director explaining why there are surging coronavirus cases in the U.S. Driving the news: In the video of Friday's testimony, Fauci explained that while Eur...

 2020-08-01 22:02 

Axios

John Lewis's death inspires push to restore Voting Rights Act provisions...

Democratic lawmakers and civil rights advocates have escalated calls for voting rights protections since the death of Rep. John Lewis , who made the issue his life's work. Driving the news: House Democrats renamed a measure aimed at restoring a key pr...

 2020-08-01 17:59 

Axios

Rep. Ral Grijalva tests positive for coronavirus...

Rep. Ral Grijalva (D-Ariz.) said he tested positive for the coronavirus days after attending a hearing with Rep. Louie Gohmert (R-Tex.), who also tested positive and had previously declined to wear a mask. The state of play: Grijalva says he is asymptomat...

 2020-08-01 16:21 

Axios

Rubio says he's "not concerned" about mail-in voting in Florida...

Sen. Marco Rubio (R-Fla.) said in a Trump campaign press call on Saturday that he's "not concerned" about the safety of mail-in voting in Florida. Why it matters: President Trump has blasted mail-in voting as unsafe and subject to fraud ahead ...

 2020-08-01 15:58 

Axios

Trump has TikTok deal "on his desk"...

President Trump "has a deal on his desk," whereby Microsoft would lead an acquisition of 100% of the U.S. operations of TikTok, according to a source familiar with the negotiations. Why it matters: Trump Friday night said he plans to ban TikTok , ...

 2020-08-01 11:00 

Axios

Instagram morphs into an information powerhouse...

Instagram is in the midst of a transformation — what was once the place to share photos of food and social outings is quickly becoming a hub for information and advocacy. Why it matters: Text, infographics and topical illustrations are exploding on ...

 2020-08-01 03:33 

Axios

Trump says he wants to ban TikTok app...

President Trump said Friday that he plans to ban Chinese video app TikTok as soon as Saturday, via either executive order or emergency economic powers, according to White House press pool comments. Why it matters: TikTok has been caught in the crossfires ...

 2020-07-31 23:52 

Axios

Biden campaign vows virus focus...

Joe Biden's campaign contends that President Trump's talk of delaying November's election is an effort to distract, and vows to be what a Biden aide called "laser-focused" on Trump's pandemic response. Why it matters: After aides c...

 2020-07-31 21:57 

Axios

James Murdoch exits News Corp. board, citing editorial "disagreements"...

Former 21st Century Fox CEO James Murdoch filed a letter of resignation on Friday in light of disagreements over editorial content published by the company-owned news outlets, including the Wall Street Journal and New York Post. What he's saying: "...

 2020-07-31 17:39 

Axios

The pandemic's IPO boom might not last long...

The IPO market has boomed during the pandemic era, both for real companies and shell companies, reflecting the broader decoupling of the equity economy and real economy. Reality check: Things could soon change. And fast. What's happening: Here's t...

 2020-07-31 17:29 

Axios

Ohio Secretary of State: Election results could take weeks...

We obviously don't know who will win this year's presidential election, but we do know that the 2020 voting process will be more complicated than in any past election of our lifetimes in terms of safety, security, and logistics. Axios Re:Cap digs ...

 2020-07-31 16:02 

Axios

Google cracks down on deceptive ads ahead of election...

Google is updating its ads policies to prohibit domestic advertisers that use spammy tactics to conceal their identities and to ban international advertisers that use ads to promote illegally hacked or obtained political material — like stolen campa...

 2020-07-31 16:01 

Axios

White House, Democrats at coronavirus stimulus stalemate...

White House chief of staff Mark Meadows and House Speaker Nancy Pelosi — speaking simultaneously at podiums on opposite ends of Pennsylvania Avenue Friday morning — painted a bleak picture of their stalled coronavirus stimulus talks, making cl...

 2020-07-31 15:55 

Axios

U.S. sanctions China's paramilitary in Xinjiang...

The Trump administration has announced it will sanction the Xinjiang Production and Construction Corps (XPCC), a paramilitary organization operating in Xinjiang, where Chinese authorities, aided by the XPCC, are perpetrating a cultural and demographic gen...

 2020-07-31 15:41 

Axios

Florida breaks daily coronavirus deaths record for 4th straight day...

Florida on Friday reported 257 new coronavirus deaths in 24 hours, breaking the state's daily deaths record for the fourth straight day. By the numbers: That brings the state's coronavirus death toll to 6,966. While Florida's daily reported in...

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