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Photo: Valera Golovniov/SOPA Images/LightRocket via Getty Images

Facebook is halting political spending for at least the first quarter of 2021 following last week's deadly attack on the Capitol.

Why it matters: Tech companies have been de-platforming President Donald Trump and his supporters at a rapid pace since the attacks, and freezing political giving may be the next step tech companies take to show they're seriously rethinking their approach to Washington.

Details: Facebook will freeze all contributions from its political action committee and is launching a review of its political spending practices, company spokesman Andy Stone told Axios.

The big picture: Microsoft also said in a statement Monday that it is pausing political giving "until after it assesses the implications of last week’s events." Google spokesman José Castañeda said "We have frozen all NetPAC political contributions while we review and reassess its policies following last week's deeply troubling events."

  • Historically, tech PACs have given to both Republican and Democratic candidates, sometimes rankling Silicon Valley's predominantly left-leaning workers. Microsoft said its PAC "regularly pauses its donations in the first quarter of a new Congress, but it will take additional steps this year to consider these recent events and consult with employees."
  • Major banks and other corporations have also frozen corporate political giving in the wake of the attack. Other tech companies are likely to follow suit.

Between the lines: "This is the death knell of PACs for tech companies with activist employees," one source told Axios. "This is the final straw."

Editor's note: This story has been updated to add new information about Microsoft and Google pausing their own PAC activity.

Go deeper

Jan 29, 2021 - Technology

Facebook seeks a new head of U.S. public policy

Illustration: Sarah Grillo/Axios

Facebook is looking externally for a new U.S. policy chief as it moves Kevin Martin, a Republican who now holds the job, to a different position, per a memo seen by Axios.

Between the lines: Facebook is moving on from the Trump era in which Republicans held most of the power in Washington and Facebook was particularly eager among tech companies to forge warm relations with GOP policymakers.

20 mins ago - World

Netanyahu campaigns against Biden's plan to save Iran deal

Netanyahu campaigns at a gym last month. Photo: Pool/AFP via Getty

Israeli Prime Minister Benjamin Netanyahu indirectly criticized the Biden administration for its intention to return to the Iran nuclear deal and told his supporters he was prepared to "stand against the entire world" to stop it.

Why it matters: This is a major change of tune for Netanyahu, who had been careful in his statements on the Iran deal and avoided publicly criticizing President Biden. The statement was part of Netanyahu's attempt to rally his base ahead of Israel's election on March 23.

Updated 43 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Tech: "Fludemic" model accurately maps COVID hotspotsVirtual doctor's visits and digital health tools take off.
  2. Politics: Schumer says Senate will stay through weekend to vote on COVID relief — Republican governor of West Virginia says there's no plan to lift mask mandate.
  3. World: Canada vaccine panel recommends 4 months between doses.
  4. Business: Firms develop new ways to inoculate the public.
  5. Local: Ultra-rich Florida community got vaccinations in January.