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Illustration: Rebecca Zisser/Axios

Affiliate link marketing could soon go from a friendly and useful revenue tool for publishers to one exploited by Google and Amazon for their own ambitions.

Why it matters: Affiliate links have become increasingly important for some publishers as advertising has become a less reliable revenue model.

Driving the news: Google is reportedly using publisher content with affiliate links to feed its own search and recommendation engine while also giving users ways to purchase the items through Google’s own retail partners, according to Fast Company.

  • This would mean that publishers’ recommendations help Google improve its recommendations and even give them credibility (results include mentions of which sites have recommended a product), but without giving publishers the revenue they would earn if a customer shopped through their content.

Amazon, meanwhile, is offering to pay major U.S. publishers like the New York Times and BuzzFeed to expand their content with affiliate links internationally, Recode's Peter Kafka reports.

  • The deals would reportedly entail Amazon paying the publishers upfront to produce this type of content. Exact details of the deals remain unclear.

Yes, but: Amazon’s approach is especially reminiscent of a recent string of deals internet giants like Facebook and Twitter have inked with publishers to get them to produce video. Many of those ended abruptly and not well for publishers.

The bottom line: "The money guarantee with remain for a short time & go away, then it will squeeze you on terms, as usual," tweeted Rafat Ali, founder of travel publisher Skift, about the news.

Go deeper: What Amazon knows about you

Go deeper

3 hours ago - Politics & Policy

Senate Democrats target billionaires

Illustration: Annelise Capossela/Axios

After failing to get a deal on other planned tax increases, key Senate Democrats are pivoting to a billionaires' income tax to pay for President Biden's social spending.

The big picture: No advanced economy has attempted anything similar on such a scale.

Anti-abortion activists' Supreme Court dreams are coming true

Photo illustration: Annelise Capossela. Photos: Kevin Dietsch/Getty Images

This is the moment the conservative legal movement has been building toward for decades: The solidly conservative Supreme Court is about to hear two major abortion cases within a month of each other.

Why it matters: All of this is likely to end with significant new restrictions on abortion and a clear path for Republican-led states to win the next big abortion cases, too — the culmination of a long and bitter fight for control of the judiciary.

Felix Salmon, author of Capital
8 hours ago - Economy & Business

Trump's volatile return to the stock market

Expand chart
Data: YCharts; Chart: Axios Visuals 

Donald Trump this week became both a meme stock and a social-media entrepreneur at the same time, by announcing that a new company called Trump Media & Technology Group was going to merge with an existing company listed on the stock market.

Why it matters: The medium-term promise of Trump's media company is that it will replace Twitter for anybody wanting to keep track of Trump's messages. The short-term promise is that it can be a hot new speculative vehicle for people wanting to get rich quick in the stock market.