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A United Airlines plane at Newark Liberty International Airport. Photo: Gary Hershorn/Getty Images

The three biggest U.S. airlines — American, United and Delta — have removed references to Taiwan from their websites, complying with a demand from the Chinese government.

Why it matters: It's an example of China using one of its most powerful weapons against the United States — wielding its massive market leverage to influence American companies — to enforce one of its key foreign policy tenets.

The backdrop:

  • China gave foreign airlines that referred Taiwan as a destination separate from China until July 25 to make changes, saying the airlines were violating the One China policy and threatening to shut down the airlines' Chinese websites if they refused.
  • The U.S. companies were holding out as several foreign airlines bent to China's will, and White House Press Secretary Sarah Sanders dismissed China's ask as "Orwellian."
  • Taiwan said it would consider boycotting airlines that started referring to it as a Chinese territory, but China's population of 1.4 billion easily trumps Taiwan's 24 million.

Go deeper: China's push to erase Taiwan.

Go deeper

Ben Geman, author of Generate
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Illustration: Aïda Amer/Axios

The ransomware attack against the Colonial Pipeline — the massive East Coast gasoline artery — is a stunning real-world example of the increasing risks that the energy sector faces from a cyberattack.

Why it matters: Different parts of the vast American energy system are vulnerable — from pipelines to power grids to individual power plants and plenty in between.

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Scoop: TikTok launching jobs service for Gen Z

Illustration: Aïda Amer/Axios

TikTok is testing a tool for brands to recruit employees, sources tell Axios.

Details: The pilot program is designed to help people find jobs on TikTok and connect with companies looking to find candidates. It's also meant to help brands use TikTok as a recruitment channel.

Crypto media boom

Data: SimilarWeb; Chart: Axios Visuals

A slew of new crypto media companies have gained enormous traction over the past year, thanks to the digital currency craze taking over Wall Street.

Why it matters: “For the first time ever, crypto has become relevant to the global macro-economic conversation, and therefore, the investment conversation," says Jason Yanowitz, co-founder of Blockworks, a financial media brand catered to investors.