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Axios Re:Cap is revisiting some of this year’s biggest stories and what they say about where technology, business, politics and more are headed in 2022. 

Sara Fischer, author of Axios Media Trends, joins Axios Re:Cap senior producer Naomi Shavin to discuss why the Facebook Papers' news cycle was so bad for Facebook — and where its parent company, Meta, goes from here.

Go deeper

Jan 11, 2022 - Technology

Meta loses bid to dismiss FTC antitrust case

Illustration: Annelise Capossela/Axios

The Federal Trade Commission's antitrust suit against Meta, formerly Facebook, can move forward, a federal court ruled Tuesday.

The big picture: The same judge who dismissed an earlier version of the agency's lawsuit, filed under the Trump administration, says this time the government's case — as rewritten by the agency now led by chair Lina Khan — is good enough to try.

Worker shortage unleashes a forever jobs crisis

Illustration: Shoshana Gordon/Axios

Workers are in the driver's seat in the labor market, and that doesn't look likely to change anytime soon. It's also starting to alter the competitive landscape across the business world.

Driving the news: The terms of competition are shifting, especially in labor-intensive industries. The advantage goes to companies that have some distinct advantage in their ability to attract the best workers.

31 mins ago - Health

CDC: Pfizer and Moderna boosters overwhelmingly prevent Omicron hospitalizations

Brian Cassella/Chicago Tribune/Tribune News Service via Getty Images

Booster doses of the Pfizer-BioNTech and Moderna vaccines overwhelmingly prevented hospitalizations from the Omicron variant, according to Center for Disease Control and Prevention data out Friday.

Driving the news: Pfizer and Moderna boosters were 90% effective at preventing Americans infected with the Omicron variant from ending up in the hospital, per the data.