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Photo: Christophe Morin/IP3 via Getty Images

Facebook is dealing with a number of fresh issues, including a lawsuit from advertisers who say the company delayed disclosing flaws in its video metrics and even then understated the problem.

Why it matters: Not only did advertisers bet heavily on video, so did publishers, especially news organizations which laid off word people to hire video people and then laid off those video people when the ad dollars didn't materialize.

  • Facebook disputed the lawsuit's claims. "This lawsuit is without merit and we’ve filed a motion to dismiss these claims of fraud. ” a Facebook representative said in a statement to Bloomberg “Suggestions that we in any way tried to hide this issue from our partners are false."

Meanwhile: Facebook also had to correct statements it made to Recode that user information gathered by its Portal video chat device wouldn't be used for advertising.

  • The truth is, while Portal itself doesn't serve up advertising, data collected in the use of the device could in fact be used for advertising elsewhere within Facebook. Because it is built on Messenger, Facebook now acknowledges that who you called and other metadata is gathered by Facebook for advertising purposes.

The bottom line: I think this reaction from GV's M.G. Siegler sums it up best. "Thank you for this beautiful, wooden horse, Facebook! We shall display it prominently in our home!"

Go deeper

Column / Harder Line

New England power fight foreshadows divisive clean energy future

Illustration: Sarah Grillo/Axios

It wasn’t his first choice, but Sean Mahoney isn’t fighting a 150-mile proposed power line sending Canadian hydropower to New England as part of the region’s climate-change goals.

Why he matters: Mahoney, a senior expert at the nonprofit Conservation Law Foundation who lives in Maine, is seeking to compromise in a bitter battle over the proposal. Expect more fights like this as President Biden and other political leaders pursue zero-carbon economies over the next 30 years.

Mike Allen, author of AM
9 hours ago - Politics & Policy

Biden adviser Cedric Richmond sees first-term progress on reparations

Illustration: "Axios on HBO"

White House senior adviser Cedric Richmond told "Axios on HBO" that it's "doable" for President Biden to make first-term progress on breaking down barriers for people of color, while Congress studies reparations for slavery.

Why it matters: Biden said on the campaign trail that he supports creation of a commission to study and develop proposals for reparations — direct payments for African-Americans.

Cyber CEO: Next war will hit regular Americans online

Any future real-world conflict between the United States and an adversary like China or Russia will have direct impacts on regular Americans because of the risk of cyber attack, Kevin Mandia, CEO of cybersecurity company FireEye, tells "Axios on HBO."

What they're saying: "The next conflict where the gloves come off in cyber, the American citizen will be dragged into it, whether they want to be or not. Period."