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!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

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!

Axios on your phone

Get breaking news and scoops on the go with the Axios app.

Download for free.

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!

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!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Facebook CEO Mark Zuckerberg. Photo: Noah Berger / AP

When Facebook's Mark Zuckerberg announced yesterday that he would turn over to Congress some 3,000 ads bought by Russian operatives during the 2016 election, and impose new rules for political ads, it was part of a campaign. But it's not some future "Zuck for president" campaign, a notion stoked by moves like the hiring of former Obama campaign manager David Plouffe as president of policy and advocacy at the Chan Zuckerberg Initiative, the Facebook founder and CEO's philanthropy.

Zuckerberg's candidate is Facebook, and its political base is in serious jeopardy:

  • 2017 is its election cycle, and Facebook is on the defensive as it tries to navigate a backlash against its unregulated platform, the most powerful web of connectivity and personal data the world has known.
  • Zuckerberg's national tour of real America started just after the Russians used Facebook to try to tip our presidential election.
  • The company launched micro-targeted campaigns to win over the media, with greater promises of monetization and collaboration.
  • Now, both parties are talking about greater scrutiny and regulation of Facebook. At the same time, lawmakers are demanding more transparency about what it knew and how much it made of Russia's fake news factories.
  • In the most specific Hill move so far, Democrats Sens. Amy Klobuchar (Minn.) and Mark Warner (Va.) yesterday circulated a "Dear Colleague letter," obtained by Axios, seeking co-sponsors for legislation that "would formalize, and expand, the transparency commitments Facebook has made."

Be smart: Although yesterday's concessions reflect the seriousness with which Facebook takes its D.C. problems (Zuckerberg made the announcement on his first day back from a month of paternity leave), Republicans tell me the company doesn't yet fully realize now "rabidly upset" many conservatives are.

  • Conservatives in Washington and around the country, famous for pushing back on government, plan to be increasingly vocal in arguing that self-regulation isn't working with the tech giants.

Go deeper: Axios CEO Jim VandeHei, in his leadership principles, "The Axios Way": "Think of your brand as a political candidate. You need to be hyper-aware of how you're seen by your core constituencies (employees and customers) and by the broader public."

Not a valid email format.
Not a valid email format.
Server error. Please try a different email.
Not a valid email format.
Not a valid email format.
Server error. Please try a different email.
Not a valid email format.
Not a valid email format.
Server error. Please try a different email.
Not a valid email format.
Not a valid email format.
Server error. Please try a different email.
Not a valid email format.
Not a valid email format.
Server error. Please try a different email.

Go deeper

What happens now that emergency orders are lifting

Expand chart
Data: National Academy for State Health Policy and various governor declarations; Chart: Sara Wise/Axios

Soon, more than half the states will have ended their formal emergency declarations for the pandemic — which could have ripple effects across the economy.

Why it matters: Lifting those orders will allow businesses to serve more customers, but will also end certain safety nets, including expanded food and housing assistance, as well as eviction protections.

Updated 3 hours ago - World

500 Hong Kong police officers raid pro-democracy newspaper

Chief Operations Officer Chow Tat Kuen (front 2nd R) is escorted by police from the Apple Daily newspaper offices before being put into a waiting vehicle in Hong Kong on Thursday. Photo: Anthony Wallace/AFP via Getty Images

Hong Kong's Apple Daily said 500 police officers searched the pro-democracy newspaper's offices and arrested five senior executives on Thursday.

Why it matters: The arrests of the paper's chief editor, Ryan Law, along with its chief operating officer, two other editors and the CEO of Next Digital, which operates Apple Daily, were made under China's national security law — which gives the government broad power to limit people's political freedom.

World Bank rejects El Salvador's request to help implement bitcoin

President Nayib Bukele, giving a speech in El Salvador's legislative assembly in San Salvado earlier this month, pushed for bitcoin to become legal tender. Photo: Emerson Flores/APHOTOGRAFIA/Getty Images

The World Bank has rejected the government of El Salvador's request to help the country implement Bitcoin as legal tender, Reuters first reported late Wednesday.

Why it matters: The international lender's rejection could hamper the government's goal of making the digital currency accepted across the country within three months.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!