Satya Nadella. Photo: Stephen Brashear/Getty Images

Microsoft is pledging $500 million to the Seattle region to address affordable housing issues, the New York Times reported and Microsoft confirmed in a blog post.

Why it matters: This kind of move from such an industry powerhouse will spur debate over what kind of responsibilities fall on companies to find "solutions for those who have not benefited from the industry's fortunes," per the Times. A report from December said the Seattle region needs 156,000 more affordable housing units and will need 84,000 more by 2040 if growth continues.

"The tech sector needs to contribute more to the communities in which they operate," said Brad Smith, Microsoft president and chief legal officer, at a gathering of editors at the company’s headquarters this week. "Explosive economic growth that came to tech hubs, such as Seattle and Northern California, put major strain on the cities’ infrastructure, such as education, transportation, and in particular, housing."

  • "We recognize that jobs came but housing wasn’t built for the people who started to fill them," Smith added. "It’s forced out of the community the school teacher, the nurses, the first responders, many of the people who work at tech companies themselves. What it’s required them to do is live farther away and spend more of their day commuting. It has undermined the health of the communities in which our companies are prospering."

Go deeper

58 mins ago - Sports

Disney announces partnership and documentary series with Colin Kaepernick

Photo: Carmen Mandato/Getty Images

The Walt Disney Company announced Monday that ESPN Films will produce an exclusive docuseries on political activist and former NFL player Colin Kaepernick as part of a larger deal with Kaepernick's production arm RA Vision Media.

Driving the news: Former ESPN personality Jemele Hill tweeted that she'll be serving as a producer on the docuseries, after leaving the network two years ago following a dramatic falling out in 2018. At the time, Hill's outspoken tweets about President Trump put the network in the crosshairs of a polarizing debate over race and politics.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 12 p.m. ET: 11,495,412 — Total deaths: 535,185 — Total recoveries — 6,217,763Map.
  2. U.S.: Total confirmed cases as of 12 p.m. ET: 2,897,613 — Total deaths: 129,953 — Total recoveries: 906,763 — Total tested: 35,512,916Map.
  3. Public health: Case growth outpacing testing in hotspots — Medical community urges public to wear masks.
  4. States: Texas hospitals in danger of being overwhelmed amid surge.
  5. Politics: Meadows says Trump "is right" to claim 99% of coronavirus cases are "harmless."

Court orders temporary shutdown of Dakota Access Pipeline

Protesters against the Dakota Access Pipeline in San Francisco in 2017. Photo: Joel Angel Juarez/Anadolu Agency/Getty Images

A federal judge ordered Monday the shutdown of the Dakota Access Pipeline — a project at the heart of battles over oil-and-gas infrastructure — while the U.S. Army Corps of Engineers conducts a new environmental analysis.

Why it matters: The latest twist in the years-long fight over the pipeline is a defeat for the White House agenda of advancing fossil fuel projects and a win for Native Americans and environmentalists who oppose the project