Members of Congress in both parties have begun exploring possible legislative action against Facebook and other tech giants, setting the stage for a potentially massive battle in the midterm election year of 2018.
Why it matters: Following revelations about fake news and paid Russian propaganda on Facebook during last year's election, big tech has become a big target, with politicians across the spectrum declaring on Sunday shows that more scrutiny, transparency and restrictions are needed.
Republicans are likely to emphasize the national security and homeland security aspects to reining in the tech companies.
On the Democratic side, Sen. Mark Warner of Virginia is actively working to develop legislation to improve disclosure for online political ads.
Be smart: Facebook sees the abrupt turn in elite opinion about Big Tech, and is unlikely to oppose all legislation. Instead, Facebook will describe the proposals as a "roadmap" or "framework," and try to steer them in the industry's direction rather than try to kill them, which would be unpopular in this environment.
"President Trump's legal team is wrestling with how much to cooperate with the special counsel, ... an internal debate that led to an angry confrontation last week between two White House lawyers," the N.Y. Times' Peter Baker and Ken Vogel write at the top of column 1:
Show of force against North Korea, a day before Trump's U.N. speech: "The U.S. military staged bombing drills with South Korea over the Korean peninsula and Russia and China began naval exercises ahead of a U.N. General Assembly meeting on Tuesday where North Korea's nuclear threat is likely to loom large."
P.S. The inaugural Bloomberg Global Business Forum, which on Wednesday will bring together public and private sector leaders from every region in the world, will kick off with remarks from President Clinton, Michael Bloomberg, French President Macron and Alibaba founder Jack Ma. David Rubenstein will moderate a panel that includes Bill Gates, on how technology is disrupting poverty, energy, and health care.
The world's biggest air conditioning and chemical companies are urging President Trump to defend one of his predecessor's landmark climate policies — and so far, it's working, Axios' Amy Harder writes in her weekly "Harder Line" energy column.
... the Axios stream was surging:
A new UN report on the state of broadband says 52% of the world's population doesn't have internet access.
Why you have to wait for the iPhone X, via USA Today (where the Tech page has the banner headline, "No, we're not done with the iPhone"):
P.S. Slack valued at $5.1 billion: "Slack Technologies Inc. closed a $250 million funding round led by SoftBank Group Corp.'s Vision Fund, giving it more ammunition for expansion in an increasingly competitive market for workplace messaging services." (Bloomberg)
NBCUniversal CEO Steve Burke talks to Jessica Lessin, founder and CEO of The Information, about "the math puzzle that keeps all media executives up at night" (subscription):
P.S. First look: Launching today ... "Josh Benson, Katherine Lehr, and Tom McGeveran, all former Politico executives, today [will announce] the formal launch of their new company, Old Town Media[,] ... with the debut of a news and communication app for news media professionals, called Galley."
"Lots of empty seats at 2 games in LA," by AP Pro Football Writer Howard Fendrich:
Sean Spicer wheeled onstage at last night's Emmy's behind an "SNL mobile podium: "This will be the largest audience to witness the Emmys, period -- both in person and around the world."
"Politics Win Big: TV shows reflecting current events are lauded during the ceremony, and stars onstage get in digs at Trump," by L.A. Times TV Critic Lorraine Ali:
Emmy moments: "It was also about diversity and new voices, with notable wins, among others, for Sterling K. Brown, the first black actor in nearly 20 years to win for lead actor in a drama; for Lena Waithe, the first black woman to win for comedy writing, and Donald Glover, the first black director to win the comedy award (and best actor, too.)"
"Stories about women won big: 'Big Little Lies,' 'The Handmaid's Tale' and 'Veep' won the top three categories. But there was a notable paucity of Latino and Asian winners."