Illustration: Lazaro Gamio/Axios

Investigative reporting from news outlets over the past 2 weeks has led to some swift changes from some of the biggest tech companies.

Why it matters: Despite an onslaught of hearings and statements from Washington, virtually no regulation has actually passed in the past couple of years to significantly address the potentially harmful practices of tech companies. Media reports have driven most of the changes to date, especially around privacy.

What's happening:

  • Facebook says it’s working on an improved compliance and audit process for the third-party contractors that moderate content on its platform, following a brutal exposé Monday by The Verge's Casey Newton on workplace conditions at a facility in Phoenix, Arizona.
  • Popular health and fitness apps have stopped sharing data with Facebook after a Wall Street Journal report last week detailed how many do so without users knowing.
  • Facebook will shut down its controversial Onavo VPN app in the wake of backlash following TechCrunch’s investigation about Onavo code being used in a Facebook research app that sucked up data about teens.

Yes, but: Changes without the weight of law can be temporary, or promised but not delivered, Axios' Ina Fried points out. Remember that "clear history" feature Facebook promised? We're still waiting for it to arrive.

  • Plus, these actions come as regulators begin meeting on Capitol Hill enter a series of hearings this week. But, as Axios' David McCabe notes, "The privacy debate in Congress has seen a lot of press attention and not much movement."

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 11:30 p.m. ET: 31,478,387 — Total deaths: 968,726 Total recoveries: 21,622,862Map.
  2. U.S.: Total confirmed cases as of 11:30 p.m. ET: 6,895,685 — Total deaths: 200,768 — Total recoveries: 2,646,959 — Total tests: 96,612,436Map.
  3. Health: The U.S. reaches 200,000 coronavirus deaths — The CDC's crumbling reputation — America turns against coronavirus vaccine.
  4. Politics: Elected officials are failing us on much-needed stimulus.
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Trump pushes to expand ban against anti-racism training to federal contractors

Trump speaking at Moon Township, Penns., on Sept. 22. Photo: Mandel Ngan/AFP via Getty Images

President Trump announced late Tuesday that the White House attempt to halt federal agencies' anti-racism training would be expanded to block federal contractors from "promoting radical ideologies that divide Americans by race or sex."

Why it matters: The executive order appears to give the government the ability to cancel contracts if anti-racist or diversity trainings focused on sexual identity or gender are organized. The memo applies to executive departments and agencies, the U.S. military, federal contractors and federal grant recipients.

Dan Primack, author of Pro Rata
4 hours ago - Economy & Business

GoodRx prices IPO at $33 per share, valued at $12.7 billion

Illustration: Sarah Grillo/Axios

GoodRx, a price comparison app for prescription drugs at local pharmacies, on Tuesday night raised $1.14 billion in its IPO, Axios has learned.

By the numbers: GoodRx priced its shares at $33 a piece, above its $24-$28 per share offering range, which will give it an initial market cap of around $12.7 billion.

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