Situational awareness: Google has been hit with its third antitrust fine over the past two years by the European Union, this time for $1.7 billion for stifling online advertising competition, per CNBC.
San Francisco readers: Join me for breakfast tomorrow at 8:30am! I'm going to be moderating a series of conversations digging into San Francisco's housing crisis and its most innovative solutions. It's part of the kickoff for the 2019 portion of Axios' Hometown tour. RSVP here.
Also, the link I included yesterday was for the wrong (aka men's) tournament. If you want to take part in the 2nd annual Login Women's NCAA Tournament Challenge, go here.
Illustration: Axios Visuals
If you aren’t a gamer it's easy to miss why Google’s new Stadia streaming game service is such a big deal. But it is, and here’s why.
For gamers, Stadia offers the potential to make several long-held dreams a reality.
But Stadia's innovations are about more than just the future of gaming. If Google can stream the most demanding applications to a TV with a Chromecast streaming media stick, it really can turn any screen into a powerful computer.
The big picture: Google isn't alone in seeing the potential of cloud-based gaming. Microsoft and Amazon, both of which have big assets in gaming and significant cloud operations, are also said to be interested.
Yes, but: Google left some big questions unanswered.
Our thought bubble: Google has long been building an "everything computer" in its cloud — one big machine that already handles most of the world's search, much of the world's video, a ton of advertising, a huge volume of email, and so on.
Photo: Omar Marques/SOPA Images/LightRocket via Getty Images
The American Civil Liberties Union has reached a historic legal agreement with Facebook over advertising practices that allegedly discriminated against minorities. As Axios' Sara Fischer reports, the agreement will mean less targeting options for ads related to jobs, credit or housing.
As part of the settlement, Facebook will pay $5 million to several groups, including the ACLU, the National Fair Housing Alliance and the Communications Workers of America union.
It will also take 3 new steps to prevent advertisers from engaging in unlawful discrimination around employment, housing, and credit ads on Facebook and its subsidiaries (like Instagram, WhatsApp and Messenger).
1. Facebook is creating a new advertising process, specifically for marketers that are purchasing ads around employment, housing and credit.
2. Facebook will set up an archive for housing ads, which could be similar to the ad archive it built around politics.
3. Facebook says it will continue to roll out education and certification requirements globally around all of its advertising policies.
Go deeper: Sara has more here.
AT&T and Comcast say they have reached an inflection point in the fight against robocalls by demonstrating they can authenticate calls across networks.
Why it matters: Being able to prove a caller is who they say they are is a necessary starting point in cracking down on fraudulent calls. This only works if you can do it across voice providers.
Scrolling through the Insta feed. Photo: Mauricio Santana/Getty Images
For years, Instagram has been a key destination for marketers to showcase their fancy leggings or eco-friendly sneakers. And the Facebook-owned photo sharing app has benefited through sponsored posts.
What's new: Now Instagram is looking to make money another way. The company is setting up a program allowing people to buy things directly on its app from their favorite brands, while taking a cut.
Why it matters, per Sara: If successful, this would be an opportunity for Instagram to expand its business way beyond ad revenue. While there is room for Instagram's ad business to grow, having multiple streams of revenue is probably more sustainable.
By the numbers:
Enjoy some slow-motion snow, thanks to "Ask Amy" columnist Amy Dickinson.