Media

Warren takes aim at private equity after Splinter shutdown

A hand removing a splinter.
Illustration: Sarah Grillo/Axios

Private equity's newest political headache came last Thursday when G/O Media shut down Splinter, a left-wing publication with 7 full-time employees. One day later, Elizabeth Warren placed the blame squarely on G/O Media owner Great Hill Partners.

Why it matters: Warren does have a plan to change private equity, but it wouldn't directly impact Great Hill Partners' ownership of G/O Media.

NBC extends deal to be exclusive seller of ads in Apple Stocks and Apple News

NBC logo.
Photo by Noam Galai/FilmMagic/Getty Images

NBCUniversal has extended its partnership with Apple News to now be the exclusive seller of ads in Apple Stocks, as well as Apple News, executives tells Axios.

Why it matters: The multi-year partnership means that NBCU can sell ads against all the stories in the main feed of Apple Stocks, as well as Apple News for several years. Other publishers can still sell ads again their own articles.