Photo: "Axios on HBO"

California Gov. Gavin Newsom warned in an interview for "Axios on HBO" that his state’s Big Tech giants — Google, Facebook and others — will soon get "steamrolled" by federal regulations, and deserve to be hit with new restrictions on their wealth and reach.  

Why it matters: Newsom is friends with several tech moguls, including Tesla's Elon Musk and Google co-founder Sergey Brin. And his state relies heavily on the big profits of Big Tech to fund California. Big changes will hit them at the state and federal level, he said.

  • "Are they going to lead in that conversation and engage in it?  Or are they going to get completely steamrolled? By current pace, they are going to get steamrolled."

Newsom refused to say whether Google and Facebook should be broken up, as Sen. Elizabeth Warren and others want. But he seemed more open to regulating tech platforms like media companies, holding them responsible for content on their sites. 

  • Newsom criticized Facebook for not pulling the doctored video of Nancy Pelosi off its platform. “It’s just fake - it's made up. It's doctored. It's done for political purposes.” 

He said he speaks often with Elon Musk and share’s the Tesla founder’s concern that artificial intelligence poses an urgent threat to our way of life.

  • "Technology is playing a bigger role I would argue than globalization" in disrupting jobs and stirring populism, he said. "It’s going to get exponentially worse."

Newsom supports the concept of a data dividend that forces tech platforms to pay California residents for money they make off selling their data.  He was unsure how big those checks should be. 

  • "Your data is being monetized every single nanosecond. And, to the extent it's been monetized and it's yours, I think in some way shape or form you should be rewarded."

Go deeper: Newsom says "Xenophobic" GOP will be 3rd party

Go deeper

Updated 3 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 10 a.m. ET: 12,745,734 — Total deaths: 565,782 — Total recoveries — 7,023,260Map.
  2. U.S.: Total confirmed cases as of 10 a.m. ET: 3,248,220 — Total deaths: 134,815 — Total recoveries: 995,576 — Total tested: 39,553,395Map.
  3. Politics: Trump wears face mask in public for first time.
  4. Public health: Trump's coronavirus testing czar says lockdowns in hotspots "should be on the table" — We're losing the war on the coronavirus.
  5. Education: Betsy DeVos says schools that don't reopen shouldn't get federal funds.

Betsy DeVos: Schools that don't reopen shouldn't get federal funds

Education Secretary Betsy DeVos told "Fox News Sunday" that public schools that don't reopen in the fall should not get federal funds, and that the money should be redirected to families who can use it to find another option for their children.

Why it matters: The Trump administration is engaged in a full-court press to reopen schools this fall, despite warnings from some public health officials that the coronavirus outbreak is out of control in many states and that it will be difficult for many schools to reopen safely.

27 mins ago - Health

Coronavirus testing czar: Lockdowns in hotspots "should be on the table"

The Trump administration's coronavirus testing coordinator Adm. Brett Giroir said on ABC's "This Week" that "everything" — including the "stringent lockdowns" that many governors implemented in March and April — should be "on the table" in states where new infections are skyrocketing.

Why it matters: President Trump said in June that the U.S. "won't be closing down the country again" — a view shared by many Republicans who believe that the economic damage caused by stay-at-home orders was too great to justify a second round of lockdowns.