Mar 22, 2017

GOP effort may help internet firms compete with Facebook, Google in online ad market

Elise Amendola / AP

Republicans working to nix FCC privacy rules could change the competitive marketplace for advertising, as Bloomberg reports. The rules in question, which were adopted by the agency last fall, require cable and telephone companies to get consent from a customer before sharing personal data and data about their internet app use with third-party advertisers.

The winners: If this rule slashing goes through, companies like AT&T, Verizon, Comcast, and Charter. They'll be better able to host ads that target subscribers. That'll allow them to compete against Google and Facebook, which currently dominate the online advertising market.

The losers: Privacy. Proponents of keeping the rule say cutting it would be akin to saying "it's OK for the big phone and cable companies to spy on Americans," as the Executive Director for the Center for Digital Democracy noted.

What to watch: Congressional Republicans are poised to use the Congressional Review Act to overturn the regulations. Senate backers of the effort are hoping to move it to a vote as soon as today, according to congressional sources.

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Updated 54 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 1 p.m. ET: 6,789,313 — Total deaths: 396,388 — Total recoveries — 2,784,210Map.
  2. U.S.: Total confirmed cases as of 1 p.m. ET: 1,906,060 — Total deaths: 109,305 — Total recoveries: 491,706 — Total tested: 19,231,444Map.
  3. Education: Students and teachers flunked remote learning.
  4. Public health: Fauci: "Very concerned" about spread of coronavirus amid George Floyd protests — Cities offer free coronavirus testing for protesters.
  5. Tech: The pandemic is accelerating next-generation disease diagnostics — Robotics looks to copy the software-as-a-service model as use of robots accelerates.
  6. Jobs: Better-than-expected jobs report boosts stock market.

Buffalo police officers arrested after shoving 75-year-old protester

Photo: Mike Desmond/WBFO via AP

Two Buffalo police officers were charged with assault on Saturday after a video emerged of them shoving a 75-year-old protester while clearing a demonstration in the wake of George Floyd's killing, AP reports, citing prosecutors.

The state of play: Both officers pleaded not guilty to second-degree assault, and were released without bail. After the law enforcement officers were initially suspended without pay on Friday, all 57 officers on the Buffalo Police Department's Emergency Response Team resigned in a show of support for their fellow officers' suspensions.

Humility for forecasters: Jobs shocker is record miss

President Trump speaking in the Rose Garden following the release of the jobs report on May 5, 2020. Photo: Jonathan Newton/The Washington Post via Getty Images

Economists were projecting that May's jobs figures would show a loss of 8 million jobs and an unemployment rate approaching 20% — Great Depression territory.

The state of play: Instead, a record 2.5 million workers were added, and unemployment fell to 13.3% from April's post-World War II high of 14.7%.