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Mark Zuckerberg with his global policy chief, Joel Kaplan, behind him. Photo: Chip Somodevilla/Getty Images

Facebook spent $3.3 million on lobbying in the first three months of 2018, according to its disclosure form, setting a new quarterly record for the social network by a hair.

The big picture: Big Tech lobbying has soared in the Trump era as criticism mounts about its practices.

Yes, but: Facebook's spending was only 3% higher than its previous quarterly record β€” set in the same period in 2017 β€” despite the fact that political winds have turned against the company in the last year. The first quarter of 2018 also only covered part of the backlash over Cambridge Analytica's harvesting of Facebook user data.

What everyone else spent in the first quarter:

  • πŸ” Google spent $5.02 million. That's up 43% from the same period in 2017 but only 14% from the previous quarter.
  • πŸ“¦ Amazon spent $3.38 million. That represents a 17% increase year-over-year and a 2% change from the fourth quarter of 2017.
  • πŸ“± Apple spent $2.14 million. Its spending jumped 53% from the first quarter of last year and a 29% rise from the final quarter in 2017.
  • πŸ’» Microsoft spent $2.3 million. It spent exactly what it did in the first quarter of 2017 and 6% more than in the previous quarter.

Go deeper

Kendall Baker, author ofΒ Sports
3 mins ago - Sports

College basketball is back

Illustration: Sarah Grillo/Axios

A new season of college basketball begins Wednesday, and the goal is clear: March Madness must be played.

Why it matters: On March 12, 2020, the lights went out on college basketball, depriving teams like Baylor (who won our tournament simulation), Dayton, San Diego State and Florida State of perhaps their best chance to win a national championship.

9 mins ago - World

Scoop: Israeli military prepares for possibility Trump will strike Iran

Defense Minister Benny Gantz attends a cabinet meeting. Photo: Abir Sultan/POOL/AFP via Getty

The Israel Defense Forces have in recent weeks been instructed to prepare for the possibility that the U.S. will conduct a military strike against Iran before President Trump leaves office, senior Israeli officials tell me.

Why it matters: The Israeli government instructed the IDF to undertake the preparations not because of any intelligence or assessment that Trump will order such a strike, but because senior Israeli officials anticipate β€œa very sensitive period” ahead of Biden's inauguration on Jan. 20.

Wall Street bets it all on a vaccine

Illustration: Eniola Odetunde/Axios

It's the time of year when Wall Street shops are rolling out predictions for where they see the stock market headed in the coming year. There's one common theme: Widespread distribution of a vaccine is the reason to be bullish.

Why it matters: Analysts say vaccines will help the economy heal, corporate profits rebound and stock market continue its upward trajectory.