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A television photographer shoots the Like sign outside of Facebook headquarters. Photo: Paul Sakuma / AP

Britain is looking at regulating and classifying Facebook and Google as news publishers instead of just internet platforms, according to a Seeking Alpha report. A spokesman for Prime Minister Theresa May told Seeking Alpha: "We are looking at the role Google and Facebook play in the news environment...As part of that work we will look carefully at the roles, responsibility and legal status of the major internet platforms."

Why it matters, per Axios' David McCabe: Facebook and Google are facing trouble around the world over their size and influence. Officials in Europe, in particular, have not shied away from taking on the American tech giants over everything from taxes to privacy to encryption.

Go deeper

Ben Geman, author of Generate
3 mins ago - Energy & Environment

Biden's emerging climate orbit

Photo illustration: Aïda Amer/Axios. Photo: Win McNamee/Getty Images

As of Tuesday morning, we know a lot more about President-elect Joe Biden climate personnel orbit, even as picks for agencies like EPA and DOE are outstanding, so here are a few early conclusions.

Why it matters: They're the highest-level names yet announced who will have a role in what Biden is promising will be a far-reaching climate and energy agenda.

Janet Yellen is back

Photo illustration: Sarah Grillo/Axios. Photo: Hannelore Foerster/Getty Images

A face familiar to Wall Street is back as a central player that this time will need to steer the country out of a deep economic crisis.

Driving the news: President-elect Joe Biden is preparing to nominate former Fed chair Janet Yellen to be Treasury secretary.

Mike Allen, author of AM
2 hours ago - Politics & Policy

Charles Koch: I "screwed up"

In his first on-camera interview in four years, Charles Koch told "Axios on HBO" that he "screwed up by being partisan," rather than approaching his network's big-spending political action in a more nonpartisan way.

Why it matters: Koch — chairman and CEO of Koch Industries, which Forbes yesterday designated as America's largest private company — has been the left's favorite face of big-spending political action.