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German Chancellor Angela Merkel and leader of the Social Democrats Martin Schulz. Photo: Sean Gallup / Getty Images

German Chancellor Angela Merkel and her Christian Democratic Union reached a breakthrough in their “grand coalition” talks with the Social Democrats, per the BBC. Immigration was the biggest issue — as it was during September’s federal election — in the 28-page preliminary coalition document, with the parties agreeing on a plan to cap asylum seekers entering Germany at 200,000 per year.

Why it matters: Merkel needs to finalize a coalition to form a government in order to stave off another election and maintain her position as Germany’s leader. Now, it’s up to the Social Democrats and their members to approve the outlined coalition deal via their party conference and a vote by mail.

Go deeper

Biden administration makes first move on data privacy

Illustration: Sarah Grillo/Axios

The Biden administration is launching its first big effort on privacy policy by looking at how data privacy issues affect civil rights.

Why it matters: An administration perspective on privacy policy could be key in developing a long-awaited national privacy law by putting the White House stamp on how to regulate privacy.

Axios Investigates

Exclusive: Airbnb hosts Xinjiang rentals on land owned by sanctioned group

Data: Axios research, Airbnb, Australia Strategic Policy Institute's International Cyber Policy Centre; Map: Jacque Schrag/Axios

Airbnb has more than a dozen homes available for rent in China's Xinjiang region on land owned by an organization sanctioned by the U.S. government for complicity in genocide and forced labor, an Axios investigation has found.

Why it matters: The listings expose Airbnb to regulatory risk under U.S. law. They also land yet another American tech company in the crossfire between the U.S. and China.

For CEOs, social media has lost its fun

Photo illustration: Sarah Grillo/Axios. Photo: Joe Raedle/Getty Images

CEO Jack Dorsey's departure from Twitter shows that, in Silicon Valley today, social media is becoming a field to flee.

Why it matters: Coming on the heels of Facebook's name change and new metaverse focus, Dorsey's resignation is another sign that the industry now views the massive social networks it built over the last two decades as buggy "legacy applications" mired in annoying social problems.