Stories by Sara Fischer

Facebook suspends "tens of thousands" of apps amid developer probe

Photo: Denis Charlet/AFP/Getty Images

Facebook announced Friday that it suspended "tens of thousands" of apps following a lengthy investigation into the third-party developers that share data with the tech giant.

Why it matters: The company is facing immense regulatory pressure over its privacy practices and data dominance. In particular, the Massachusetts attorney general's office has reportedly been working to unseal documents related to the app investigation.

Tech takes over political fundraising

Illustration: Sarah Grillo/Axios

Small-dollar political donations have exploded this campaign cycle, thanks in large part to technology that makes it possible for candidates to target potential donors with cheap ads and easy-to-use online donation platforms.

Why it matters: A surge in fundraising for contributions under $200 has expanded the 2020 election field, propelling lesser-known candidates to the debate stage and political stardom.

WordPress.com owner Automattic raises $300 million

Automattic CEO and WordPress co-founder Matt Mullenweg in 2014. Photo by Auby Stephen McCarthy / SPORTSFILE via Getty Images

Automattic Inc., the parent company of web publishing platform WordPress.com, announced on Thursday that it raised a $300 million as a part of a Series D round from Salesforce Ventures. The investment puts Automattic’s valuation at $3 billion post-funding.

Why it matters: "A website for everyone" is the cry of a bygone tech era, but businesses and many individuals still want to set up their own websites, and WordPress remains the dominant tool in the field.