Lee Hee-beom, President of the PyeongChang Organising Committee for the 2018 Winter Olympics. Photo: Milos Bicanski / Getty Images

Grand jury subpoenas have been issued in "a far-reaching investigation of international sports corruption," the New York Times reports.

Why it matters: The DOJ is investigating "possible racketeering, money laundering and honest services fraud charges," over track and field championships and "bids for various other elite competitions." They're seeking information from major sports organizations like the International Olympic Committee and FIFA.

  • Former president of the IAAF and member of the International Olympic Committee, Lamine Diack, was detained by France in 2015 and "accused of accepting bribes for covering up the doping violations of Russian athletes," per NYT.
  • Per the Times, Diack's arrest led Brazilian officials to arrest the head of Brazil's Olympic committee, Carlos Arthur Nuzman. There was reason to suspect that Rio de Janeiro's bid to host the 2016 Summer Olympics "was helped by bribery to secure supportive votes from members of the International Olympic Committee."
  • This comes days before the beginning of the Winter Olympics in Pyeongchang, and in the middle of a huge scandal with former Olympic gymnastics doctor Larry Nassar.

Go deeper: Big tech is eyeing live sports broadcasts.

Go deeper

Biden campaign, DNC jointly raised $140 million in July

Photo: Andrew Caballero-Reynolds/AFP via Getty Images

The Biden campaign, the Democratic National Committee and their joint fundraising committees announced Wednesday that they raised $140 million in July.

Why it matters: With 90 days until the election, the Biden campaign and DNC now have $294 million on hand, an increase of $50 million over the past month.

Updated 30 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 6:30 p.m. ET: 18,643,633 — Total deaths: 703,127 — Total recoveries — 11,206,409Map.
  2. U.S.: Total confirmed cases as of 6:30 p.m. ET: 4,811,128 — Total deaths: 157,690 — Total recoveries: 1,528,979 — Total tests: 58,239,438Map.
  3. Public health: Florida surpasses 500,000 confirmed casesFauci calls U.S. coronavirus testing delays "totally unacceptable."
  4. Business: America's next housing crisis.
  5. States: Virginia launches contact tracing app using specs from Apple and Google.
  6. Politics: White House, Democrats remain "trillions of dollars apart" on stimulus talks.
55 mins ago - World

How new tech raises the risk of nuclear war

Illustration: Annelise Capossela/Axios

75 years after Hiroshima and Nagasaki, some experts believe the risk of the use of a nuclear weapon is as high now as it has been since the Cuban missile crisis.

The big picture: Nuclear war remains the single greatest present threat to humanity — and one that is poised to grow as emerging technologies, like much faster missiles, cyber warfare and artificial intelligence, upset an already precarious nuclear balance.