Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Sarah Grillo/Axios

The mass adoption of wireless headphones and smart devices, combined with people being home all day and not in public spaces, has created a boom for audio — and every big media and tech company is scrambling to claim a piece of it.

Why it matters: The audio boom is milestone for accessibility and a boon to content creators, but it also presents new challenges for content moderation.

  • "The intimacy of audio could be tailor-made for our shelter in place, contact-free lives," says John Lustyan, Founder & Managing Partner of illum, a media consultancy, told Axios.

Driving the news: Almost overnight, audio chat features have become top-of-mind for Big Tech giants, looking to edge out the up-and-coming social chat app Clubhouse.

Be smart: The social media audio boom mostly centers around ephemeral conversations. Users can open Clubhouse or Twitter (Spaces) and drop in on conversations that are meant to be casual, and not recorded to be listened to later.

In the workplace, the audio boom looks a bit different.

  • Those products, like audio messaging platform Yac, are designed to be asynchronistic, meaning users are meant to listen to pre-recorded messages from colleagues at their leisure.
  • Workplace companies, like Slack, are trying to figure out ways to integrate these types of audio tools into their mostly text-based products. Most video conferencing companies offer users the ability to dial in without having to use video.

By the numbers: The audio content and software boom is happening as new hardware makes listening and voice commands much easier.

  • For the first time ever, wireless headphone and earbud shipments surpassed wired headphones and earbuds last year, according to data from the Consumer Technology Association. Nearly 40% of the U.S. population uses voice assistants, per eMarketer. Roughly a quarter of the adult population own a smart speaker.
  • Music, audiobook and podcast services are expected to reach $10 billion in revenue, up 19% over last year, per CTA. Audiobooks are the fastest-growing sector within the book publishing industry, according to The Association of American Publishers.
  • Spotify says it now hosts 2.2 million podcasts, up from 700,000 in 2019.
  • The audio boom has triggered a mergers and acquisitions frenzy, especially around podcast companies.

The big picture: Audio presents enormous opportunities for brands and content creators to reach people in a more accessible way — when they're on-the-go or using their eyes for some other activity. But the scale of audio conversations will make it very difficult to fact-check conversations or stop bullying and harassment in real-time.

  • Already, we're seeing some of these issues play out. Clubhouse — which requires an invite to access — is reportedly already being blocked in China, and it's starting to face allegations that the platform isn't adequately built to stop harassment.
  • Facebook said Thursday on a call with reporters that it's exploring ways to monitor audio content, as well as any type of mixed media content, for harmful or illegal things that violate its rules.

Go deeper:

Go deeper

House cancels Thursday session as FBI, Homeland Security warn of threat to Capitol

Photo: Eric Baradat/AFP via Getty Images

The FBI and Department of Homeland Security predict violent domestic extremists attacks will increase in 2021, according to a report reviewed by Axios.

Driving the news: The joint report says an unidentified group of extremists discussed plans to take control of the Capitol and "remove Democratic lawmakers" on or about March 4. The House canceled its plans for Thursday votes as word of the possible threats spread.

34 mins ago - World

Pope Francis set to make first papal visit to Iraq amid possible turmoil

Data: Vatican News; Map: Danielle Alberti/Axios

Pope Francis is forging ahead with the first papal trip to Iraq despite new coronavirus outbreaks and fears of instability.

The big picture: The March 5–8 visit is intended to reassure Christians in Iraq who were violently persecuted under the Islamic State. Francis also hopes to further ties with Shiite Muslims, AP notes.

"Neanderthal thinking": Biden slams states lifting mask mandates

States that are relaxing coronavirus restrictions are making "a big mistake," President Biden told reporters on Wednesday, adding: "The last thing we need is Neanderthal thinking."

Driving the news: Texas Gov. Greg Abbott (R) said Wednesday he will end all coronavirus restrictions via executive order, although some businesses are continuing to ask patrons to wear face masks. Mississippi is lifting its mask mandate for all counties Wednesday, per Gov. Tate Reeves (R).