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Ariana Cubillos / AP

Two prominent Venezuelan opposition leaders were "dragged from their homes" early this morning by intelligence agents following an election Sunday that was criticized as a power grab by President Nicolas Maduro, the Telegraph reports.

  • The opposition, which boycotted Sunday's vote, claimed leaders Leopoldo Lopez and Antonio Ledezma had been "kidnapped." Lopez's wife said "Maduro is responsible if anything happens to him." Both men had already been under house arrest and, per the Telegraph, this "appears to herald the beginning of the crackdown on opposition 'terrorists' that Maduro had vowed would follow the constituent assembly vote."
  • The U.S. personally sanctioned Maduro yesterday, with Treasury Secretary Mnuchin saying the election confirmed his status as a "dictator."
  • Why it matters: Venezuela is a powder keg, with violent clashes between government and protestors and the economy in shambles, and a new constitution expected to consolidate Maduro's power. Moves like this can only escalate a dangerous situation.

Go deeper

Battle for the soul of a new web

Illustration: Aïda Amer/Axios

A well-funded and intensely motivated chunk of tech's hive mind is finding common cause in a vast new project: rebuilding the web on a foundation of cryptocurrency and blockchain tech. They call it "Web3."

The big picture: Developers, investors and early adopters imagine a future in which the technologies that enable Bitcoin and Ethereum will break up the concentrated power today's tech giants wield and usher in a golden age of individual empowerment and entrepreneurial freedom.

First look: Biden summons top CEOs on supply chain

Photo: Alex Wong/Getty Images

President Biden will meet Monday afternoon with CEOs of big retailers, grocers and consumer-products firms to send this message, according to the White House: Products will be on shelves for holiday shopping.

Zoom out: Black Friday sales rebounded from 2020.

Thanksgiving box office shows theaters have long road to recovery

Photo of Disney's "Encanto;" Credit: Disney

Box office ticket sales over the Thanksgiving holiday show that consumer confidence in moviegoing is slowly improving, but not enough to bring the struggling theater industry back to pre-pandemic levels anytime soon, if ever.

Why it matters: "We may have to temper expectations a bit" for next year, said Comscore senior media analyst Paul Dergarabedian.