Charlie Javice, founder of startup Frank, was sentenced on Monday after being convicted of charges related to deceiving JPMorgan Chase into a $175 million acquisition, the Department of Justice announced.
Why it matters: The 33-year-old who featured in Forbes' "30 under 30" list six years ago must now serve 85 months in prison for "falsely and dramatically inflating the number of customers" of her company to "fraudulently induce JP Morgan Chase" to acquire Frank for $175 million, per a DOJ post Monday.
YouTube has agreed to pay President Trump $22 million to settle his 2021 lawsuit, which he filed after the company suspended his account following the Jan. 6 U.S. Capitol riot.
Driving the news: In addition, YouTube will pay $2.5 million to the other plaintiffs on the case, which include the American Conservative Union and writer Naomi Wolf.
The U.S. Securities and Exchange Commission has not always had the lightest touch with the crypto industry, but a rare "no-action" letter issued Monday to a startup suggests times may be changing.
The big picture: There's been a lot of macro news about a changed attitude at the nation's largest financial regulator, but this is a noteworthy micro case, of one company collaborating successfully with agency staff.
Why it matters:Some retirees without digital access, and people with disabilities who rely on traditional banking, could face headaches in the transition.
OpenAI launched new parental controls for ChatGPT Monday, giving parents more control over young users' use of the chatbot, though the teens will be able to turn off the controls.
Why it matters: The rollout follows families blaming the company for contributing to deaths and harmful acts, pressuring OpenAI to improve safety.
President Trump on Monday pledged to impose the 100% tariff on foreign-made movies he first promised in May, saying the film business had been "stolen" from the U.S.
Why it matters: Such a levy could cause massive disruption to the entertainment industry, given the volume of media produced outside the U.S.
Video game maker Electronic Arts on Monday agreed to taken private in what would be the largest leveraged buyout ever, by Saudi Arabia's Public Investment Fund, Silver Lake Partners, and Jared Kushner's Affinity Partners.
Why it matters: This might be just as much about geopolitics as it is about cashflow from the next iteration of Madden NFL.
Creators and businesses can now sign and manage equity deals through a new platform called OWM, CEO Jeff Frommer exclusively tells Axios.
Why it matters: The launch underscores the growing value of influencer marketing and aims to expand creators' opportunities from one-off sponsorship to ownership stakes.
In San Francisco, it often feels as if coffee prices are soaring to new heights. Now, we have the receipts to back it up.
Why it matters: The price of coffee, one of the many commodities affected both by general inflation and the Trump administration's import tariffs, rose in almost every U.S. state over the last year.
Power industry investmentsamid rising demand — from AI and beyond — create openings for clean tech startups despite policy headwinds, Energy Impact Partners founder Hans Kobler said.
Why it matters: EIP is a prominent backer of energy and climate tech companies via venture capital and other support, and works with utilities.
For the first time in nearly a decade, McDonald's is reviving its Monopoly game, with both physical peel-off stickers and new app-based digital pieces.
Why it matters: The promo is a nostalgia play, but one that comes with baggage.
Feeling more anxious? More unsure? Unless you're heavily sedated, you should be: We've never witnessed so many population-wide shifts simultaneously in our lifetime.
Three titanic tectonic plates are shifting at once: our technology, our governing and our reality-shaping. Washington, D.C., is the epicenter of all three.
Why it matters: You can't navigate business, politics, social media or life generally without understanding the speed, consequence and interconnectedness of these shifts.
Think of this as a wide-angle lens on the world unfolding before you in real time.
Nearly a quarter of U.S. homeowners paid condo or homeowners association fees last year, and the median monthly bill was $135, new Census Bureau data shows.
Why it matters: Expensive condo or HOA dues add to the already high cost of homeownership.
A shutdown of the federal government could come as soon as Wednesday.
Why it matters: While shutdowns don't typically drag down the stock market, they can delay the economic data Wall Street tightly monitors for clues about monetary policy.
The Trump administration's ambition to lead in high-tech manufacturing and AI won't succeed if it ignores foundational blue-collar industries, Ford CEO Jim Farley tells Axios in an interview.
Why it matters: For all the talk about how AI will wipe out white-collar jobs (including from Farley himself), he says not enough attention is paid to the "essential economy" — industries like construction, maintenance and skilled trades.
Bad Bunny is the 2026 Super Bowl halftime show headline performer, per social media posts from the singer, the NFL, Apple Music and Roc Nation on Sunday night.
What he's saying: "What I'm feeling goes beyond myself. It's for those who came before me and ran countless yards so I could come in and score a touchdown," the 31-year-old Puerto Rican singer said in a media statement.