Archbishop of Canterbury Justin Welby. Photo: Stefan Rousseau/PA Images via Getty Images

The Church of England's Ethical Investment Advisory Group plans to review over the next year whether its holdings in Big Tech firms are compatible with Christianity, the Telegraph reports.

Why it matters: The review will help determine whether the church's $15.6 billion investment fund should back companies like Amazon, Facebook and Google, which are pursuing artificial intelligence and robotics.

What they're saying: A source close to the review told the Telegraph some church officials are worried that the technology is “akin to playing God."

  • “If all of your philosophical frameworks assume the primacy of the person, and the primacy of God’s revelation ... and a piece of tech emerges that enables one to rethink the role of the mind, what’s at stake is your whole ethical foundation, theological foundation and the very idea of God," the source said.

The big picture: Google’s owner Alphabet Inc. has been one of the church's most valuable equity holdings over the past two years, and Amazon was among the top 20 most valuable holdings in 2017, according to Bloomberg.

  • In the past, Archbishop of Canterbury Justin Welby, the most senior cleric in the Church of England, denounced the gig economy as “evil."
  • He has also claimed that Amazon and other tech companies are “leeching off” the U.K. by avoiding taxes.

Go deeper:

Go deeper

8 hours ago - World

China-Iran deal envisions massive investments from Beijing

Illustration: Aïda Amer/Axios

China and Iran have negotiated a deal that would see massive investments flow into Iran, oil flow out, and collaboration increase on defense and intelligence.

Why it matters: If the proposals become reality, Chinese cash, telecom infrastructure, railways and ports could offer new life to Iran’s sanctions-choked economy — or, critics fear, leave it inescapably beholden to Beijing.

Updated 9 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 13,048,249 — Total deaths: 571,685 — Total recoveries — 7,215,865Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 3,353,348— Total deaths: 135,524 — Total recoveries: 1,031,856 — Total tested: 40,282,176Map.
  3. World: WHO head: There will be no return to the "old normal" for foreseeable future — Hong Kong Disneyland closing due to surge.
  4. States: Houston mayor calls for two-week shutdownCalifornia orders sweeping rollback of open businesses — Cuomo says New York will use formula to determine if reopening schools is safe.
  5. Education: Los Angeles schools' move to online learning could be a nationwide tipping point.

House Judiciary Committee releases transcript of Geoffrey Berman testimony

Geoffrey Berman. Photo: Alex Wong/Getty Images

The House Judiciary Committee on Monday released the transcript of its closed-door interview with Geoffrey Berman, the former top federal prosecutor in Manhattan who was forced out by Attorney General Bill Barr last month.

Why it matters: House Democrats have seized on Berman's testimony, in which he claimed the attorney general sought to "entice" him into resigning so that he could be replaced by SEC chairman Jay Clayton, to bolster allegations that the Justice Department has been politicized under Barr.