Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Axios on your phone

Get breaking news and scoops on the go with the Axios app.

Download for free.

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Rebecca Zisser / Axios

Researcher and technologist Aviv Ovadya, one of the first to identify the fake news catastrophe in early 2016, tells Buzzfeed he is worried about an “Information Apocalypse,” which could lead to “reality apathy,” or people just giving up on finding the truth because it is too indistinguishable from misinformation.

Why it matters: Red flags are continuously being waved by engineers, academics, lawmakers and technologists about the dangers of big tech, yet very little is being done to actually stop the crisis from worsening. Meanwhile, big tech companies grow bigger.

  • Marketers continue to spend more and more advertising dollars on these platforms, which led them to record earnings last quarter.
  • Lawmakers are talking about the power of these companies, but no piece of legislation is likely to pass any time soon.
  • Tech companies are trying to do damage control, but the amount of bad content still sweeping their platforms shows they can’t get ahead of the problem.

The latest: Critics continue to explore the adverse impacts of automated content and platform abuse.

  • Incoming chairman of the Interactive Advertising Bureau’s Board of Directors Scott Schiller on Sunday told a conference full of marketers in Palm Beach, Calif., that brands need to start considering how cheap advertising, presumably on big platforms, isn’t always beneficial to consumer engagement.
  • Public Knowledge CEO Gene Kimmelman said he thinks Congress will step in over the next few years. "I think it'll be about platforms," he said at a policy conference at UC Boulder on Monday. “I’m not sure they’ll know what to do or think but they will want to do something.”
  • Unilever's Chief Marketing Officer Keith Weed on Monday threatened to pull ads from Google and Facebook until they can get divisive content under control. "This is not something that can be brushed aside or ignored," he said.

The other side: For all the gripes we're hearing about Facebook not taking responsibility for its position in the news ecosystem seriously, it's worth noting some of the radical statements the company has made in recent weeks.

  • It acknowledged its product could be harmful to health in some cases.
  • It said it's moving away from being a time-guzzling machine because it's not good for consumers.
  • It admitted its product may not be good for democracy.

A lot of these steps have been taken in response to Russian interference on its platform, which, according to Wired's latest cover story, caught the company off guard.

Our thought bubble: It's not that Facebook doesn't put its business first — after all, it's a publicly traded company. Rather, Facebook is starting to see consumer health and perception as a long-term way of sustaining its business. 

Go deeper

Sen. Sheldon Whitehouse under scrutiny for elite club affiliations

Sen. Sheldon Whitehouse during a Senate hearing on Capitol Hill in February. Photo: Susan Walsh-Pool/Getty Image

Sen. Sheldon Whitehouse (D-R.I.) said in a statement Wednesday that he is a member of an exclusive Rhode Island sailing club that lacks diversity.

Why it matters: Whitehouse has repeatedly spoken out against systemic racism and come under scrutiny this week for his family's affiliation with elite clubs. This is the second such club accused of lacking diversity that the senator has been linked to in recent days

3 hours ago - Politics & Policy

Scoop: Border Democrats want migrants vaccinated

Rep. Filemon Vela (D-Tex.) Photo: Chip Somodevilla/Getty Images

Some Democrats representing border districts want President Biden to vaccinate migrants crossing into the U.S. — especially if he lifts public health restrictions that have prevented them from claiming asylum on American soil.

Why it matters: Inoculating migrants treads a fine line of protecting the U.S. population while possibly incentivizing more migration with the offer of free COVID-19 vaccines. Republicans are likely to pounce on that.

3 hours ago - World

State Dept. fears Chinese threats to labor auditors

A space for media is designated by Chinese authorities near a mosque in the Xinjiang region of China. Photo: Greg Baker/AFP via Getty Images

The State Department is concerned organizations performing supply-chain audits in China are coming under pressure from Chinese authorities.

Why it matters: U.S. law prohibits importing products made through forced labor, but it's becoming increasingly difficult to verify whether products from China are tainted.