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Illustration: Lazaro Gamio/Axios
While women and people of color remain underrepresented throughout the tech industry, the gap is less wide at companies that have a dedicated budget for diversity and inclusion, a new study has found.
The Internet Association, a trade group representing companies such as Facebook and Google, said this is the first of what will become an annual report on how the industry is doing.
Why it matters: Diversity reports from individual companies offer individual examples of the challenges, while the new report aims to paint a more industry-wide picture.
The bottom line: For all the attention put on the issue, the tech industry has made at best modest gains.
Yes, but: Even companies that are investing to address the issue are struggling. Intel, for example, dedicated $300 million to diversifying its workforce, but has made only modest progress.
What they're saying:
Deputy Attorney General Jeffrey Rosen. Photo: Win McNamee/Getty Images.
Regulators in D.C. are taking a fresh and broad look at Big Tech as part of their ongoing probes into the tech industry, Axios' Margaret Harding McGill reports.
Two high-ranking antitrust enforcers, speaking at an influential D.C. legal forum on Monday, talked about the big tech companies' potential for anticompetitive behavior but also signaled they may take a broader approach to policing the industry.
The big picture: The Trump administration, Congress and state attorneys general are all investigating tech companies, including Google and Facebook, for antitrust violations. But they're also acknowledging that the laws governing competition may not be enough to rein in powerful online platforms.
Driving the news: Deputy Attorney General Jeffrey Rosen said Monday the Department of Justice's review of tech platforms could reach beyond antitrust issues and the department does not view antitrust law as a "panacea for every problem in the digital world."
Details: Here's who is investigating what...
And both federal antitrust agencies are staffing up to add more resources to their tech probes.
Meanwhile, the Justice Department said Monday it will seek a court's approval to get rid of decades-old rules restricting how movie studios can distribute films.
Among major providers of entertainment content, Disney spends the most annually, followed by Comcast and AT&T, according to estimates presented by analyst Michael Nathanson on Monday at the Recode Media conference.
Why it matters: Netflix has been widely believed to spend more money on content than its streaming rivals. The MoffettNathanson estimates, revealed at the conference, dispute that notion, as Axios' Sara Fischer reports.
Other insights: Nathanson showed the amount spent on content other than sports, but argued that sports were the big outlier that could disrupt a streaming bundle.
The big picture: Nathanson said that the average American is willing to spend around $45 per month on subscription streaming services, which is similar to broadcast analytics company Magid's earlier estimate this year of $42 monthly.
FCC chairman Ajit Pai will direct his agency to auction sought-after airwaves for 5G services estimated to be worth up to $60 billion, Margaret reports.
Why it matters: The path the FCC chooses will affect how quickly 5G services can be deployed using the airwaves, which are key for both wireless capacity and coverage, as well as how much of the money raised will go to the government.
Driving the news: In letters to key lawmakers Monday, Pai said he wants FCC staff to auction 280 megahertz of C-band spectrum for 5G services, rather than the private sale pushed by satellite operators.
Details: A group of satellite operators that currently hold the licenses formed the C-Band Alliance and pitched a plan to privately sell the airwaves for 5G services.
Between the lines: The wonky spectrum battle became politically fraught amid a push by Republican Sen. John Kennedy for the agency to hold a public auction with proceeds going to the government coffers.
What's next: The FCC will vote on an order early next year, with plans to begin the C-band auction before the end of 2020.
Here's the makings for another good tech prank.