Axios PM

Tom Donohue, president and CEO of the U.S. Chamber of Commerce, will warn tomorrow of the consequences of the strengthening "techlash" — the "backlash against major tech companies [that] is gaining strength ... both at home and abroad, and among consumers and governments alike."

• Donohue, in his annual “State of American Business” address, will caution against "broad regulatory overreach that stifles innovation and stops positive advancements in their tracks."
• "Technology is not a single, all-powerful industry. It is now a part of every industry. ... Technology will continue to be a major driver of stronger, sustained growth — and if we leverage it smartly and carefully, we will all benefit."
• Why it matters: Donohue's comments are one of the first public acknowledgments from a business leader of the gathering headwinds against Big Tech, and a preemptive effort to stave off regulation by pointing to the benefits of tech, particularly the economic growth spurred by the industry.
• Speech details here.

P.S. "Apple Inc. investors are shrugging off concerns raised by two shareholders about kids getting hooked on iPhones, saying that for now a little addiction might not be a bad thing for profits." (Reuters)

• Go deeper: "The growing war on tech addiction," by Axios' David McCabe.

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3. Joe Arpaio will run for Senate in Arizona. He was pardoned last year by President Trump. More.
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5. Snapchat numbers go public: Five months of confidential data from Snapchat were published today by The Daily Beast. The numbers.

Quick hits from the Consumer Electronics Show, from Axios tech correspondent Ina Fried:

• Google announced new moves in virtual reality, adding a standalone VR headset and a 180-degree camera, in partnership with Lenovo.
• Lenovo also announced its first Windows 10 PC using a Qualcomm chip.
• Kodak shares are surging after the company said it was launching its own cryptocurrency.
• Toyota is adding Amazon's Alexa to its cars, starting this year.
• Dell software will let you answer cellphone calls on its PCs, due out on models this year.

Go deeper: Ina's running list of CES updates.

“Oprah will be lots of fun. I did one of her last shows.... I like Oprah. I don’t think she’s going to run.”