Major brands are suspending their advertising on Facebook properties as part of a coordinated campaign to pressure the social media giant into changing several of its content policies.
Axios Re:Cap digs in with Chris Miller, head of activism strategy at Ben & Jerry's, which was one of the first companies to hit pause.
Illustration: Sarah Grillo / Axios
A new draft code of conduct released on Thursday by officials in Australia would require tech giants like Google and Facebook to start paying news companies to distribute their content.
Why it matters: If Australia adopts the plan and it becomes a model for others around the world, such measures could offer a significant boost to the news industry, especially local news, as it faces financial decline.
Illustration: Sarah Grillo/Axios
Photo: Anwar Amro/AFP via Getty Images
The death toll from Tuesday's explosion in Beirut, Lebanon has now surpassed 130, including at least one U.S. citizen, amid a search for answers as to why a huge store of ammonium nitrate was left unsecured near the city's port for nearly seven years.
What we know: The government says around 5,000 people are injured. Defense Secretary Mark Esper said current indications are that the massive explosion was accidental, despite President Trump's puzzling claim on Tuesday evening that it appeared to be a bomb attack.