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Illustration: Sarah Grillo/Axios

There's broad agreement among leaders of both parties that Big Tech needs to be reined in — but widely different views on how to do it, as two Monday stories illustrated.

The state of play: In Washington, Democrats on a key House committee met with various stakeholders to carefully craft new legislation that might fly with both industry and its critics, Axios' Margaret Harding McGill scooped. Representatives of Facebook, Twitter and Google all attended.

Driving the news: The Florida law would fine social media services that permanently ban candidates running for office in Florida.

  • The law also prevents platforms from removing content from news outlets above a certain size.
  • It allows people to sue platforms if they think social media companies are inconsistently applying their content rules.

Between the lines: While Florida's law might never be enforceable, if nothing else it could serve as a warning to tech companies of what can happen when you don't have a seat at the table.

Go deeper: House inches toward Big Tech antitrust reform

Go deeper

May 24, 2021 - Technology

Florida law will regulate how social media companies moderate speech

Ron DeSantis. Photo by Cliff Hawkins/Getty Images

Florida Monday became the first state in the U.S. to broadly regulate social media platforms' moderation of user speech online.

Driving the news: Republican Governor Ron DeSantis signed a law fining social media services that permanently ban candidates running for office in Florida.

Scoop: E&C leader talks tech reform with Facebook, Google, Twitter

Illustration: Aïda Amer/Axios

The leader of a key House committee discussed legislative proposals on reining in Big Tech content moderation practices with Facebook, Google, Twitter and others Monday, Axios has learned.

Why it matters: Lawmakers are working toward making good on their promise to pass new laws to curb tech's power.

Updated 28 mins ago - Sports

Naomi Osaka eliminated from Olympic tennis tournament in Tokyo

Czech 42nd-ranked Marketa Vondrousova (L) shakes hands with Japan's Naomi Osaka after their Tokyo 2020 Olympic Games women's singles third round tennis match at the Ariake Tennis Park in Tokyo on Tuesday. Photo: Giuseppe Cacace/AFP via Getty Images

Naomi Osaka was eliminated from the Olympics after losing her Tokyo tennis tournament match 6-1, 6-4 in the third round to Czech Marketa Vondrousova on Tuesday.

Of note: Japan's Osaka is the women's world No. 2, while is Vondrousova ranked No.42.