Jun 9, 2017 - Technology

Facebook buddying up to automakers

Thibault Camus / AP

"Facebook Is Determined to Build Ties With Automakers," by Bloomberg's Jamie Butters and Sarah Frier:

  • COO Sheryl Sandberg, in Detroit yesterday for an annual Facebook Automotive Summit, "shared a stage with [GM CEO] Mary Barra at a women's-only event ... before the two toured a factory and spoke with about 200 GM employees."
  • Sandberg: "Our industries are converging. Detroit's writing software and Silicon Valley is building hardware."
  • "Mark Zuckerberg visited Ford ... headquarters and an F-150 truck plant in April to rub elbows with Executive Chairman Bill Ford."
  • The plot: "Facebook is focused on boosting sales for video advertising, ... which should help take a cut of the $70 billion television ad market."
  • Key stat: "The U.S. automotive industry is the second-largest spender on digital advertising behind retail."
  • Why it matters: "Autos and real estate are among the last categories that aren't transacting online, and it's taken longer for Facebook to break into categories with expensive purchases like travel and cars."

Go deeper

Jonathan Swan
2 mins ago - Politics & Policy

Michael Cohen taken back into federal custody

Michael Cohen arrives at his Park Avenue apartment on May 21 in New York City. Photo: Johannes Eisele/AFP via Getty Images

President Trump's disgraced former personal lawyer Michael Cohen is heading back to prison after refusing the conditions of his home confinement, according to two people familiar with the situation.

Details: A New York Post report earlier this month placed Cohen out at a restaurant in New York with his wife, while one of the sources said that more broadly he refused to wear an ankle bracelet.

Go deeper (<1 min. read)Arrow
Zachary Basu, Bethany Allen-Ebrahimian
Updated 19 mins ago - World

U.S. sanctions Chinese officials over Uighur human rights abuses

Photo: Xinhua/Liu Jie via Getty Images

The Treasury Department announced Thursday that the U.S. has sanctioned four Chinese Communist Party officials and the Xinjiang Public Security Bureau for human rights abuses against Uighur Muslims and other ethnic minorities in Xinjiang.

Why it matters: The sanctions designations, pursuant to the Global Magnitsky Act passed by Congress in 2016, mark a significant escalation in the Trump administration's response to the Chinese government's detainment of over 1 million Uighurs in internment camps.

Go deeper (2 min. read)Arrow
Axios
Updated 26 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 2 p.m. ET: 12,118,667 — Total deaths: 551,271 — Total recoveries — 6,649,930 — Map.
  2. U.S.: Total confirmed cases as of 2 p.m. ET: 3,081,383 — Total deaths: 132,570 — Total recoveries: 953,420 — Total tested: 37,431,666 — Map.
  3. Public health: Cases rise in 33 states — Florida reports highest single-day coronavirus death toll since pandemic began.
  4. Science: World Health Organization acknowledges airborne transmission of coronavirus.
  5. Travel: Young adults are most likely to have moved due to coronavirus.
Go deeper (<1 min. read)Arrow