Facebook CEO Mark Zuckerberg. Photo: Drew Angerer/Getty Images

Less than a year ago, Recode's Kurt Wagner could write a story saying that "no one in Facebook’s upper ranks ever seems to leave the company." That's not true anymore.

Driving the news: Facebook's #3 executive, Chris Cox, left this week, along with Chris Daniels, who ran WhatsApp. Daniels himself was running the messaging subsidiary only because both of the app's co-founders had already departed — as have Instagram's co-founders.

Also this week:

  • Facebook suffered a six-hour-long outage on Wednesday, which is a very bad look for an institution that aspires to be "the critical infrastructure for modern-day democracy."
  • Facebook is also facing new criminal charges over whether other companies, including Apple, Amazon and Microsoft, were given access to users' confidential social graphs.
  • The white supremacist Australian terrorist who killed 50 people in New Zealand livestreamed his massacre on Facebook.

Why it matters: Mark Zuckerberg has total control of Facebook and its board, and he isn't afraid to wield that control at will. Billions of users can do little more than wait to see what Zuck decides he wants to do to them next.

Go deeper: Facebook, at crossroads, loses veteran execs

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Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Americans feel Trump's sickness makes him harder to trustFlorida breaks record for in-person early voting — McConnell urges White House not to strike stimulus deal before election — Republican senators defend Fauci as Trump escalates attacks.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots — University of Michigan students ordered to shelter-in-place.
  4. World: Ireland moving back into lockdown — Argentina becomes 5th country to report 1 million infections.

Report: Goldman to settle DOJ probe into Malaysia's 1MDB for over $2B

Illustration: Lazaro Gamio/Axios

Goldman Sachs has agreed with the Department of Justice to pay over $2 billion for the bank's role in Malaysia's multi-billion dollar scandal at state fund 1MDB, Bloomberg first reported.

Why it matters: The settlement, expected to be announced within days, would allow Goldman Sachs to avoid a criminal conviction in the U.S. over the bribery and money laundering scandal that saw three of its former bankers banned for life from the banking industry by the Federal Reserve Board.

Trump threatens to post "60 Minutes" interview early after reportedly walking out

Trump speaks to reporters aboard Air Force One, Oct. 19. Photo: Mandel Ngan/AFP via Getty Images

President Trump tweeted on Tuesday that he was considering posting his interview with CBS' "60 Minutes" prior to airtime in order to show "what a FAKE and BIASED interview" it was, following reports that he abruptly ended the interview after 45 minutes of taping.

Why it matters: Trump has escalated his war on the media in the final stretch of his re-election campaign, calling a Reuters reporter a "criminal" this week for not reporting on corruption allegations about Hunter Biden and disparaging CNN as "dumb b*stards" for the network's ongoing coronavirus coverage.