Illustration: Sarah Grillo/Axios 

Technology companies will confront bigger business challenges next year in an environment shaped by new regulations, public controversies and investor jitters.

Why it matters: Despite an onslaught of bad headlines in 2018 about privacy problems, data breaches and political bias, most tech companies didn't feel the pain. But like other rising industries before it, the technology sector will eventually need to comply with new standards.

What we're watching: The legislative fight over new laws could expose flaws and weaknesses in ways that eat away at consumer trust and loyalty.

The bottom line: New standards of conduct could force tech companies — particularly those like Facebook and Google that monetize user data through advertising — to revise their business models, and change can be costly.

Go deeper: Yes, some companies actually want to be regulated

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Virginia Gov. Ralph Northam tests positive for coronavirus

Photo: Zach Gibson/Getty Images

Virginia Gov. Ralph Northam (D) and his wife, Pamela, both tested positive for coronavirus, his office announced on Friday.

The state of play: The Northams were tested after one of their staff "who works closely within the couple's living quarters" tested positive. The governor is asymptomatic, while his wife is "experiencing mild symptoms." They plan to isolate at home for 10 days.

Ina Fried, author of Login
39 mins ago - Technology

Amazon wants to flood America with Alexa cameras and microphones

Photo: Amazon

In a Thursday event unveiling a slew of new home devices ahead of the holidays, Amazon made clearer than ever its determination to flood America with cameras, microphones and the voice of Alexa, its AI assistant.

The big picture: Updating popular products and expanding its range to car alarms and in-home drones, Amazon extended its lead in smart home devices and moved into new areas including cloud gaming and car security. The new offerings will also fuel criticism that the tech giant is helping equip a society built around surveillance.

Ben Geman, author of Generate
2 hours ago - Energy & Environment

Oil's turbulent long-term future

Illustration: Aïda Amer/Axios

The oil sector is facing risks from all sides.

Why it matters: Risk in the industry is nothing new. But these are especially turbulent and uncertain times. The industry's market clout has waned, the future of demand is kind of a mystery, and future U.S. policy is too, just to name three.

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