Photo: Josh Edelson/AFP/Getty Images

eBay, the first major marketplace that revolutionized how people viewed the usefulness of the internet in the 1990s, pioneered both the promise and pitfalls of online platforms, including the dynamics that plague the largest forces on the internet today, argues New York Times reporter John Herrman.

Why it matters: The influence of internet platforms — primarily Google and Facebook — have grown exponentially since eBay's heyday, when only half of U.S. adults used the internet. Regulators and consumers alike are trying to sort out how news, information, data and ads are peddled on these platforms — and how it all impacts competition and general discourse.

  • The first platform: In many ways eBay was the model that inspired today's systems that host the most popular online communications. "It was among the first true megaplatforms — the sort that establishes itself as something like online infrastructure. And it may be, to date, the last one we truly understand," Herrman writes.
  • Then vs. now: eBay's model was straightforward in that it was all about selling products within the norms of traditional commerce; i.e., a clear exchange between a buyer and seller. Today's platforms, however, are multi-sided marketplaces in which the largest party — the users — aren't actually involved in buying or selling. "If eBay is a machine for finding the right price for a pair of shoes, Facebook — behind the veneer of enabling human connection — is a machine for discovering the right price for a pair of eyeballs. Your eyeballs," he writes.
  • Selling human attention: The tech industry at large has favored self-regulation over any sort of official intervention in disputes or other problems on the platform. The problem, as Herrman writes, is that the biggest platforms are trying to address social issues like fake news, censorship and bullying with market-oriented solutions. Selling human attention as a commodity, it turns out, isn't so so black and white.
  • Everything has limits: Back in the day, eBay remade commerce with its auction system and was synonymous with online shopping. But even the company's seemingly unstoppable growth came to an end. Today, he points out, Amazon is the king of e-commerce. The lesson to other major tech platforms (even Amazon, perhaps) is that nothing lasts forever.
  • Its legacy: Other than reshaping online retail, alumni of eBay and PayPal, which eBay bought in 2002, like Elon Musk, Pierre Omidyar and Peter Thiel, are incredibly rich and driving the next potentially revolutionary innovations (think: rockets and under-city tunnels).

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Election clues county by county

Ipsos and the University of Virginia's Center for Politics are out with an interactive U.S. map that goes down to the county level to track changes in public sentiment that could decide the presidential election.

How it works: The 2020 Political Atlas tracks President Trump's approval ratings, interest around the coronavirus, what's dominating social media and other measures, with polling updated daily — enhancing UVA's "Crystal Ball."

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 3 a.m. ET: 31,605,656 — Total deaths: 970,934 Total recoveries: 21,747,491Map.
  2. U.S.: Total confirmed cases as of 3 a.m. ET: 6,897,432 — Total deaths: 200,814 — Total recoveries: 2,646,959 — Total tests: 96,612,436Map.
  3. Health: The U.S. reaches 200,000 coronavirus deaths — The CDC's crumbling reputation — America turns against coronavirus vaccine.
  4. Politics: Elected officials are failing us on much-needed stimulus.
  5. Business: Two-thirds of business leaders think pandemic will lead to permanent changes — Fed chair warns economy will feel the weight of expired stimulus.
  6. Sports: NFL fines maskless coaches.

Trump pushes to expand ban against anti-racism training to federal contractors

Trump speaking at Moon Township, Penns., on Sept. 22. Photo: Mandel Ngan/AFP via Getty Images

President Trump announced late Tuesday that the White House attempt to halt federal agencies' anti-racism training would be expanded to block federal contractors from "promoting radical ideologies that divide Americans by race or sex."

Why it matters: The executive order appears to give the government the ability to cancel contracts if anti-racist or diversity trainings focused on sexual identity or gender are organized. The memo applies to executive departments and agencies, the U.S. military, federal contractors and federal grant recipients.

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