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Photo: Steve Pope/Getty Images

Troy Price, the chairman of the Iowa Democratic Party, has submitted his resignation.

Why it matters: Results from last week's caucuses were delayed due to software failures and reporting errors, leading to calls for an independent investigation and requests by the Buttigieg and Sanders campaigns for a partial recanvass.

What he's saying:

"While it is my desire to stay in this role and see this process through to completion, I do believe it is time for the Iowa Democratic Party to begin looking forward, and my presence in my current role makes that more difficult. Therefore, I will resign as chair of the Iowa Democratic Party effective upon the election of my replacement."
— Troy Price

The big picture: Tom Perez, the chair of the Democratic National Committee, has said he will "absolutely not" consider resigning in the aftermath of the Iowa chaos. He told CNN on Sunday that there will be a conversation within the party about stripping Iowa of its first-in-nation caucus status after this election cycle.

Read Price's resignation letter.

Go deeper

Felix Salmon, author of Capital
1 hour ago - Technology

Facebook's scandals have been great for shareholders

Expand chart
Data: YCharts; Chart: Axios

Facebook has been embroiled in scandal for the past five years, and while the specific allegations change over time, a central theme is constant. Given the choice between commercial and moral imperatives, Facebook always seems to choose the option that is best for the share price.

Why it matters: Facebook's stock chart supports that narrative. Since the 2016 scandals alleging that the social network was infiltrated by foreign actors trying to influence the outcome of democratic elections, Facebook's revenues — and its stock — have been soaring.

Biden to tap telecom trio for NTIA, FCC posts

Jessica Rosenworcel. Photo: Bill Clark/CQ Roll Call

President Joe Biden on Tuesday is expected to name Alan Davidson as head of the telecom arm of the Commerce Department, Jessica Rosenworcel as chairwoman of the Federal Communications Commission and Gigi Sohn as a commissioner at the FCC, according to a person familiar with the process.

Why it matters: Internet availability and affordability has been a key policy priority for the White House, but the administration lagged in tapping people for the agency posts that oversee the issues.

3 hours ago - Technology

Facebook seeks fountain of youth

Data: Piper Sandler Taking Stock With Teens Study; Chart: Axios Visuals

Facebook CEO Mark Zuckerberg on Monday said that the company is pivoting its strategy to focus on young adults, following reports that teens have fled its apps.

Why it matters: A series of stories based on leaked whistleblower documents suggest the company sees the aging of its user base as an existential threat to its business.

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