Facebook is resuming contributions through its political action committee, but not for any lawmakers who voted against certifying the 2020 U.S. election, according to an internal company letter obtained by Axios.
Why it matters: Facebook was one several major companies that froze political spending after the Jan. 6 Capitol insurrection.
Two groups representing major tech companies filed a lawsuit Thursday against Florida state officials over a new law regulating how social media companies moderate online speech.
What's new: The Communications and Computer Industry Association and NetChoice, two trade groups that represent major tech firms like Google, Facebook and Amazon and fight for tech-friendly laws, argue the law is unconstitutional.
Lerer Hippeau has promoted four womento partner, the New York City venture capital firm tells Axios.
Why it matters: The move reflects a deal activity surge that's causing firms to expand their partnerships and shows the VC industry's ongoing efforts to remedy its extreme gender imbalance.
Sony revealed during a presentation to media and investors on Wednesday that 41% of PlayStation 4 and PlayStation 5 owners are girls or women, up from 18% for the late '90s launch of the original PlayStation.
Why it matters: Games aren't just a guy thing and haven't been for a long time.
The Senate voted 68-30 on Thursday to advance a sweeping China-focused global competition bill, clearing a major procedural hurdle after concerns over potential Republican opposition.
Why it matters: The bill, which faces additional debate before a vote is held on final passage, is seen as a litmus test for whether Republicans could work with Democrats on any legislation in the deeply divided Senate. The vote was held open for hours after Republicans negotiated more time to vote on amendments.
Charlie Guillemot is stepping down as co-head of Ubisoft mobile studio Owlient, Axios has learned.
Why it matters: Guillemot is the son of Ubisoft CEO Yves Guillemot, whose company has been embroiled in a series of workplace and content controversies over the past year.
After years of grassroots efforts, game developers are now making games that are accessible instead of just compliant.
The big picture: When developers say accessibility, they’re talking about “removing unnecessary barriers that prevent people, specifically people with disabilities, from being able to play the game,” Xbox accessibility manager Tara Voelker told Axios.
Russia has been putting the screws to Twitter, Facebook and Google to follow newly crafted content restrictions, testing the degree to which the tech giants will bend to the country's will.
Why it matters: The companies have significant business reasons to appease repressive governments like Russia's, but the world is watching. Concessions made to one country one day risk encouraging other countries to make their own demands.
Jeff Bezos isn't just one of the richest men in the world — he has also become one of the most influential executives across an array of industries beyond online retail, including aerospace, newspapers, and now movies.
Why it matters: Bezos' splashy and far-reaching investments distinguish him from other tech leaders who are trying to lay low as regulatory pressures mount.
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