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The fringe internet frets over Mike Bloomberg's place in the 2020 race

Michael Bloomberg
Photo: Andrew Burton/Getty Images

Since entering the presidential fray last week, billionaire Mike Bloomberg has become a popular topic on fringe internet forums, where users have dished about what his war chest could mean for the race, according to data provided to Axios from social intelligence firm Storyful.

Why it matters: Discussions on Reddit, as well as fringe-right sites 4chan and Gab, discuss whether Bloomberg's well-financed entrance into the race will upend President Trump's second bid for The White House.

Lawmakers target law protecting Reddit, Google from content liability

Reddit CEO Steve Huffman
Reddit co-founder and CEO Steve Huffman. Photo: Zach Gibson/Getty Images

Lawmakers mulling changes to the law that shields Facebook, Reddit and other online platforms from liability over user-generated content found some bipartisan common ground during a House Energy & Commerce joint subcommittee hearing Wednesday.

Why it matters: Technology companies say changing the law that protects online platforms — Section 230 of the Communications Decency Act — is an existential threat to their business models and the internet itself. But both Republicans and Democrats agreed the platforms are not doing enough to police themselves when it comes to removing harmful content from their sites.