Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photo: Chukrut Budrul/SOPA Images/LightRocket via Getty Images

Facebook lost on Friday in its attempt to block a European Union privacy decision related to how it sends data about EU users back to the U.S.

Driving the news: Ireland's High Court dismissed procedural complaints from Facebook about a decision it had made about the data transfer last August, rejecting the platform's argument that the EU's judgment was made too hastily.

Why it matters: The decision marks another setback in a confusing situation for businesses that work internationally and send data back and forth between the EU and U.S., as Axios reported this week.

  • Businesses have been left in the lurch as EU and U.S. negotiators figure out guidelines for sending data back and forth with privacy protections Europeans are comfortable with. A previous deal, Privacy Shield, was invalidated last summer.
  • If the decision is finalized, Facebook could be forced to stop sending information about EU users to its servers in the U.S. entirely, the Wall Street Journal notes.

What they're saying: Facebook said the issues around the ruling impact thousands of American and European businesses and that it had taken appropriate safeguards to protect EU user data.

  • "We look forward to defending our compliance to the [Irish Data Protection Commission], as their preliminary decision could be damaging not only to Facebook, but also to users and other businesses," a Facebook spokesperson said.

Go deeper

FTC accuses Facebook of "buy or bury" scheme in new antitrust complaint

Illustration: Sarah Grillo/Axios

The Federal Trade Commission on Thursday took a second shot at alleging Facebook is an illegal monopoly in a new complaint that accuses the social media company of buying up potential competitors or thwarting their access to the platform.

Why it matters: The FTC, now led by Big Tech critic Lina Khan, is trying to save its case against Facebook after a judge dismissed its first attempt.

Oversight Board upholds Facebook decision to keep post calling lockdowns ineffective

Illustration: Annelise Capossela/Axios

The independent Oversight Board on Thursday upheld Facebook's decision to leave up a post from a medical council in Brazil that claimed lockdowns are ineffective.

The big picture: The board's decision provides insight into how Facebook's removal threshold for content that creates a risk of imminent harm will be applied to posts about COVID-19.

Ina Fried, author of Login
Aug 19, 2021 - Technology

How Facebook aims to move work meetings to VR

Mark Zuckerberg, speaking to reporters in a VR meeting using Facebook's Horizon Workrooms software. Photo: Axios screenshot

Facebook is pitching a new option for distant coworkers who want to gather and regain some of the spontaneous creative space lost in a world of Zoom meetings: Strap on a VR headset.

Why it matters: Facebook is debuting Horizon Workrooms, a free app that is part of the company's effort to create a broad "metaverse" in which physical distance is removed as a barrier for those who want to interact with one another.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!