Illustration: Aida Amer/Axios

Several companies and investors around the globe are pouring billions of dollars into a new wave of news aggregation apps that they hope will steer news traffic away from tech giants like Google and Facebook.

Why it matters: The dominance of a handful of tech companies over the entire news and information landscape is worrying policymakers around the world.

Yes, but: Policymakers all have different reasons to be concerned. Some U.S. leaders, like President Trump and Congressional Republicans, claim that tech giants are biased against conservatives. Others, like competition regulators in Europe, worry that their dominance undermines credible news outlets.

Driving the news: News Corp, the news holding company founded by conservative news business mogul Rupert Murdoch, is developing a news aggregation service called Knewz.

  • The website and a mobile app is meant to address concerns that "Google News and other digital platforms don’t reward publishers’ work adequately and play down articles from certain types of sites," sources tell The Wall Street Journal, which is owned by News Corp.
  • "Knewz" will aggregate news from hundreds of news sources, including big national outlets as well as small digital operations and outlets across the political spectrum.
  • Unlike some of the bigger tech companies that refer lots of news traffic, the service will aim to share data with publishers and let them keep all of the ad revenue, while also promoting articles with original reporting, the Journal reports.

By the numbers: In the United States, Google Search and Facebook still collectively drive over 70% of referral traffic, according to traffic analytics company

  • Facebook's percentage of referral traffic dramatically decreased beginning in late 2017, shortly before the company announced that it would be changing its algorithms to deprioritize posts from news outlets.
  • Since then, other U.S. news aggregator businesses, like Apple News and Flipboard, have seen traffic referral increases. Some heavily-trafficked websites also continue to refer significant volumes of traffic, like Drudge Report and Reddit.

Be smart: Big tech companies are increasingly under pressure to work more collaboratively with news publishers and journalists to ensure that their algorithms and products promote more trustworthy and fact-based reporting.

  • Facebook told Axios' Mike Allen on Tuesday that it's hiring seasoned journalists to help curate a forthcoming News Tab that they hope will change how millions get news.

The big picture: Around the world, news aggregation as a business is exploding. As Axios has previously reported:

  • China: Toutiao, which is owned by TikTok's parent company ByteDance, raised $2 billion in funds at an over $20 billion valuation in 2017. Qutoutiao, the 3-year-old news and video aggregation startup backed by Tencent, received a $171 million convertible loan from Chinese tech behemoth Alibaba.
  • Japan: SmartNews, the Japanese news discovery app that has amassed 20 million global monthly active users, raised $28 million in its latest funding round, bringing the company's valuation to $1.1 billion last month.
  • India: DailyHunt, NewsPoint and others have also gained traction in recent years in India. DailyHunt has raised $98 million to date. InShorts, a news app that provides 60-word summaries of top stories, has raised $29 million to date.
  • Europe: Axel Springer's news aggregation app Upday is now profitable and gearing up to scale further and drive more revenue, Digiday reports. The app has 25 million users, in part due to its pre-install partnership with Samsung.

What to watch: Some global aggregators, like Toutiao and SmartNews, are beginning to dramatically increase their traffic referral footprints in the U.S., according to

Our thought bubble: There will always be room for plenty of players in the aggregation game, but so far there's little reason to think that anyone can seriously challenge the tech platforms' dominance. Aggregation is what made them big in the first place.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 12:30 a.m. ET: 33,880,896 — Total deaths: 1,012,964 — Total recoveries: 23,551,663Map.
  2. U.S.: Total confirmed cases as of 12:30 a.m. ET: 7,232,823 — Total deaths: 206,887 — Total recoveries: 2,840,688 — Total tests: 103,939,667Map.
  3. Education: School-aged children now make up 10% of all U.S COVID-19 cases.
  4. Health: Moderna says its coronavirus vaccine won't be ready until 2021
  5. Travel: CDC: 3,689 COVID-19 or coronavirus-like cases found on cruise ships in U.S. waters — Airlines begin mass layoffs while clinging to hope for federal aid
  6. Business: Real-time data show economy's rebound slowing but still going.
  7. Sports: Steelers-Titans NFL game delayed after coronavirus outbreak.

CDC: 3,689 COVID-19 or coronavirus-like cases found on cruise ships in U.S.

Cruise Ships docked in April at the port at Marina Long Beach due to a no-sail order in Long Beach, in California. Photo: Apu Gomes/AFP via Getty Images

There have been at least 3,689 COVID-19 or coronavirus-like illness cases on cruise ships in U.S. waters, "in addition to at least 41 reported deaths," the Centers for Disease Control and Prevention said late Wednesday.

Driving the news: The CDC released the data from the period of March 1 through Sept. 29 in an emailed statement confirming the extension of a No Sail Order for cruise ships through Oct. 31, as first reported by Axios' Jonathan Swan on Tuesday in his article revealing CDC director Robert Redfield was overruled in a push to extend the order into 2021.

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Facebook removes Trump ads tying refugees to COVID-19

Photo Illustration: Aïda Amer/Axios. Photo: Saul Loeb/AFP via Getty Images

Facebook said Wednesday that it was removing a series of ads from President Trump's campaign that linked American acceptance of refugees with increased coronavirus risk, a connection Facebook says is without merit.

Why it matters: The ads were pulled after they received thousands of impressions and are a sign that the Trump campaign continues to test the limits of social media rules on false information.