Last year, nearly the entire editorial staff of sports-focused media site Deadspin quit in protest over private equity-backed management interference in their editorial decisions. Now they've reunited to form a company called Defector Media without any outside investors.
Why it matters: The broader media industry is watching Defector very carefully, particularly journalists who were either laid off or are worried about being laid off. Axios Re:Cap digs in with Defector co-founder Giri Nathan.
The CEOs of four of the most powerful tech companies in the world testified before Congress Wednesday. While the hearing was supposed to be about antitrust laws, it quickly devolved into a scattered display of partisanship.
Chief executives of Apple, Amazon, Facebook and Google testified in front of a House Judiciary subcommittee on Wednesday, ostensibly about antitrust issues. It was the highest-profile showdown to date in the increasingly fraught relationship between Washington, D.C., and Silicon Valley, which could culminate in efforts to break up one, or more, of the companies.
Axios Re:Cap speaks with Rep. David Cicilline (D-R.I.), chair of the subcommittee on antitrust, about what he learned, why he wanted the quartet to testify together, and which companies he thinks should be broken up.
In an exclusive interview for "Axios on HBO," President Trump told Jonathan Swan he never confronted Vladimir Putin about intelligence indicating Russia paid the Taliban to kill U.S. troops. The full interview with President Trump will air on HBO on Monday August 3rd at 11pm.