Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Lazaro Gamio/Axios

Google is signaling to the White House that a lack of coordination on tech and trade policy across the Atlantic is hurting business.

What's happening: Google's head of global policy and government affairs, Karan Bhatia, is urging the Biden administration to accept an invitation from the European Commission to form an EU-U.S. Trade and Technology Council, according to a post shared exclusively with Axios.

Driving the news: Around the world, different countries are proposing and enacting trade, tax, privacy and moderation rules impacting U.S. tech companies.

  • On Thursday, the Biden administration proposed a tax agreement for very large multinational companies such as Google, Facebook and Amazon, the Wall Street Journal reports.
  • Today's global regulatory patchquilt is a legacy of trade wars launched intermittently during the Trump administration plus aggressive moves aimed at U.S. tech companies from overseas.

What they're saying: "Trans-Atlantic coordination has largely become an afterthought, if it’s thought of at all," Bhatia wrote in a blog post.

  • "These policy trends hurt both the U.S. and European economies, risking the 16 million jobs on both sides of the Atlantic linked to transatlantic trade and investment," he wrote. "They also make it harder for the U.S. and the EU to address new global technology challenges and partner with emerging economies in Asia."
  • Bhatia says the Biden administration should opt to participate in the proposed Trade and Technology Council to avoid "unilateral approaches" on data flows between the U.S. and Europe and regulation of digital platforms.

Between the lines: Directly appealing to the Biden administration shows Google considers this a pressing business issue.

The bottom line: Companies hate having to deal with the inefficiency of conflicting rules and regulations around the world.

Go deeper

Treasury details Biden's plan to raise $2 trillion through corporate tax hikes

Photo: Oliver Contreras/Sipa/Bloomberg via Getty Images

The Treasury Department released details on Wednesday of President Biden's plan to hike corporate taxes over the next 15 years to raise about $2 trillion for his sweeping jobs and infrastructure proposal.

Why it matters: The plan will likely serve as a roadmap as Democrats in Congress craft legislation to enact Biden's $1.9 trillion American Jobs Plan, which seeks to fulfill a range of campaign promises to fix the country’s crumbling infrastructure, slow the growing climate crisis and reduce economic inequality.

New social media rules hold users accountable for behavior offline

Illustration: Sarah Grillo/Axios

New rules from tech companies are making it harder for users with sketchy reputations in the real world to become famous online.

Driving the news: Twitch, the Amazon-owned livestream platform used primarily by gamers, on Wednesday unveiled a new policy to address "severe misconduct" that happens off its platform, but that may still impact its online community.

Updated 5 mins ago - Sports

MLB headed for first lockout since '95 as deal expires

Baseball Commissioner Rob Manfred (L) and Major League Baseball Players Association executive director Tony Clark. Photo: Matt King/MLB via Getty Images

Major League Baseball's collective bargaining agreement expired at 11:59 p.m. ET Wednesday without a new deal in place.

Why it matters: With no CBA, the MLB is in a management lockout — the first work stoppage since a 1994-95 strike led to the cancelation of the World Series for the first time in 90 years.