Facebook CEO Mark Zuckerberg in 2016. Photo: Mark Schiefelbein / AP

Rep. Adam Schiff, the top Democrat on the House Intelligence Committee, said Wednesday that Facebook is "committed to providing" information related to the free content published by the same Russian pages that bought 3,000 ads focused on divisive issues before and after the election. A second source close to the situation confirmed Facebook had committed to providing the information.

Why it matters: The ads bought by the pages were one half of the puzzle. The "organic" content posted by the pages — and information on who saw and engaged with it — is the other. Some believe those posts may have been seen by far more people than the estimated 10 million that Facebook says viewed the ads.

The details:

  • "I asked about not just the advertisements but all the organic content that went along with them or was independent of them, and they are committed to providing that information to us," Schiff, whose committee is investigating Russian election meddling, said.
  • "I don't know the answer to that," Schiff said when asked whether the committee would get every post from the roughly 470 pages and accounts Facebook has identified as having been behind the ads, "but obviously we're going to want to get a complete sense of what the Russians were doing on their platform and others, not just the advertising but all the downstream consequences of that advertising, all the things they were pushing out through non-advertising means on these platforms."
  • The source close to the situation said that congressional investigators were talking with Facebook about obtaining the content posted by the pages as well as information on its likes, comments and shares — and how often content from the pages was shared.
  • Schiff declined to say when Facebook would provide the information. Facebook declined to comment.

Go deeper: Recode reported earlier this month on how Facebook hadn't yet handed over data on organic posts to congressional investigators. Schiff and the top Republican on the House Intelligence Committee also said Wednesday the committee would release the ads bought by the pages.

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Scoop: Instacart raises another $100 million

Illustration: Sarah Grillo/Axios Visuals

Grocery delivery company Instacart has raised $100 million in new funding, on top of the $225 million it announced last month, the company tells Axios. This brings its valuation to $13.8 billion.

Why it matters: This funding comes at what could be an inflection point for Instacart, as customers it acquired during coronavirus lockdowns decide whether they want to continue with the service or resume in-person grocery shopping.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 10 a.m. ET: 10,902,347 — Total deaths: 521,940 — Total recoveries — 5,777,662Map.
  2. U.S.: Total confirmed cases as of 10 a.m. ET: 2,739,879 — Total deaths: 128,740 — Total recoveries: 781,970 — Total tested: 33,462,181Map.
  3. Public health: The states where face coverings are mandatory Regeneron stops trial after drug fails to help patientsWhat we know about the coronavirus immune response — Fauci says it has been a "very disturbing week" for the spread of the coronavirus in the U.S.
  4. Business: Top business leaders urge the White House to develop mandatory mask guidelines.
  5. Politics: Herman Cain hospitalized for COVID-19 after attending Trump Tulsa rally — Biden downplays jobs number, rebukes Trump for ignoring health crisis.
  6. Economy: The economy may recover just quickly enough to kill political interest in more stimulus.
  7. States: Texas mandates face masks in public spaces Florida reports more than 10,000 new coronavirus cases, and its most-infected county issues curfew.

Markets swell as the economy shrinks

Illustration: Eniola Odetunde/Axios

The economy is sputtering, but the markets are thriving — a highly unusual event that shows how the coronavirus has thrown all bets off.

Why it matters: The disconnect adds to the wealth gap. The richest 10% of households — who own 84% of stocks — are getting richer, while millions of out-of-work Americans cross their fingers that pandemic unemployment benefits will be extended.