Latest news with #Axios
Axios
an hour ago
- Business
- Axios
The Information launches new video product called TITV
The Information on Monday will launch its first live video product, TITV, hosted by reporter Akash Pasricha. Why it matters: The video format allows The Information to give its readers, who are mostly tech and business professionals, a peek behind the curtain into how the outlet's editorial decisions are made. Co-founder and CEO Jessica Lessin will host a regular segment talking about coverage themes coming out of the outlet's editor's meetings. Lessin told Axios in an interview that video and newsroom inside access are things The Information's subscribers have long asked for. Zoom in: The show, which debuts Monday at 1 p.m. ET, will include guests from within The Information's newsroom and its source rolodex to talk about the biggest stories of the day across tech, business and AI. Each show will start with multiple segments on top news stories anchored by Pasricha, and then will include guests to discuss news of the day. Each show will vary in length, depending on the news cycle. Some shows could last up to an hour, per Lessin. The show will live be streamed live on YouTube, X and The Information's website. It will be available on-demand across those channels and podcast platforms, such as Apple and Spotify. The company will leverage the feeds from its former podcasts to reach a built-in audience, Lessin said. Over time, it may launch new show feeds. The outlet will cut vertical video clips from the show to distribute on social media channels such as TikTok, Instagram, X and others after the show airs. The newsroom will set up studios in San Francisco and New York so that reporters from both coasts can make regular appearances from the office. Reporters in places like Hong Kong will also make regular appearances remotely. Between the lines: The name TITV is meant to underscore how ubiquitous the TV-watching experience has become in the digital era. "It's not meant to be literal," Lessin said. Zoom out: Lessin hopes the video series will drive a meaningful new revenue stream for the brand. "I think this could become a very significant part of our business," she said. The outlet has five people working on the new product as of now. Lessin said she hopes to build on that momentum as the show grows. Amazon Web Services will serve as the product's presenting launch sponsor. The big picture: TITV is one of the most significant product launches from The Information since its inception over a decade ago. The company, which relies mostly on high-end subscriptions, has focused on creating more products that allow its heavily engaged subscribers to interact with its reporters and get deeper insights. Last week, it launched a new AI chatbot called The Information Deep Research chatbot, to help its readers mine through the outlet's trove of business data. The outlet created a long-form lifestyle and trends reporting section called the "The Information Weekend" in 2021. It launched a series of social networking tools in 2022.
Politico
an hour ago
- Business
- Politico
Powell asks watchdog to probe Fed HQ plan amid Trump pressure
Axios earlier reported news of Powell's request to the IG. Speculation has grown that Trump, who has clashed with Powell for refusing to cut interest rates, might try to use the renovations to remove the Fed chief 'for cause,' as allowed by statute. Still, it is unclear what type of behavior would fall under that standard. It has generally been interpreted to mean that the president cannot fire Fed board members over policy disagreements, and the Supreme Court signaled in a recent order that it might block a move to remove the Fed chair without cause. The headquarters renovation, which has been underway for multiple years, is a new front in the administration's criticism of the Fed. Powell was asked at a hearing last month by Senate Banking Chair Tim Scott about the project after a New York Post article characterized it as akin to the 'Palace of Versailles,' a characterization the Fed chief disputed. White House Budget Director Russ Vought — along with the National Capital Planning Commission — is investigating Powell over both the testimony he provided to Congress and questions about whether the construction project adhered to the National Capital Planning Act. National Economic Council Director Kevin Hassett said on ABC News on Sunday that the question of whether Trump can fire the Fed chair is 'a thing that's being looked into.' Hassett is one of four candidates to replace Powell when his term ends next year, according to people familiar with the administration's deliberations.
Axios
2 hours ago
- Business
- Axios
Trump to help supply missiles for Ukraine in major policy shift
President Trump announced Monday that the U.S. will dramatically increase weapons supplies to European allies, with those countries then sending arms to Ukraine. The supplies ultimately bound for Ukraine include missiles and air defense weaponry. Why it matters: This is a seismic policy shift from Trump, who originally refused to side with Ukraine and until very recently insisted he would only supply defensive weapons so as not to escalate the war. Driving the news: Speaking at the White House alongside NATO Secretary-General Mark Rutte, Trump said the U.S. would send "the best" military equipment in the world to NATO allies, with those countries footing the bill. Rutte said this would allow Ukraine to obtain "massive supplies" of weapons, including air defense and missiles. While Trump did not provide details about the weapons systems that will be included, he did mention missiles. Two sources told Axios the plan would include long-range missiles that could strike deep inside Russia. The big picture: U.S., Ukrainian and European officials hope the weapons will shift the trajectory of the war and change Russian President Vladimir Putin's calculations regarding a ceasefire. The scheme for European countries to pay for U.S.-made weapons that will be sent to Ukraine was proposed by Ukrainian President Volodymyr Zelensky during the NATO summit two weeks ago. As Trump grew increasingly frustrated with Russian President Vladimir Putin, particularly after their fruitless July 3 phone call, the idea started to turn into a reality. What to watch: Trump said he would be imposing "very severe tariffs" if there is no deal with Russia in "about 50 days."
See - Sada Elbalad
2 hours ago
- Politics
- See - Sada Elbalad
Trump's Rift with Putin Signals Possible Shift in U.S.-Russia Relations
Mohamed Mahmoud Abdel Wahab U.S. President Donald Trump, who has often faced criticism for his previous warmth toward Russia, is now signaling a noticeably tougher stance on President Vladimir Putin. Indeed, I believe this emerging rift could reshape not only America's current policy toward Moscow but also broader geopolitical dynamics, particularly regarding the war in Ukraine. In fact, President Trump's recent statements expressing disappointment in Putin have come as a relief to many European leaders who, for years, worried that Trump's friendly approach might embolden the Kremlin. Now, in what I think is a significant diplomatic and political escalation, Trump has reportedly authorized Congress to advance new legislation imposing sweeping sanctions on Russia. These proposed measures target Russian oil exports—especially to major buyers like India and China—and include asset freezes, severe financial restrictions, and tariffs as high as 500% on U.S. imports from countries that continue purchasing Russian energy. However, the draft legislation would give the President discretion to delay or lift sanctions if he deems it appropriate. Moreover, media leaks suggest that President Trump might soon announce a new arms package for Ukraine, potentially including offensive weapons. In my point of view, this would mark a stark shift from his earlier reluctance to escalate tensions with Moscow. According to Axios, Trump recently told Ukrainian President Volodymyr Zelenskyy in a phone call that he wants to support Ukraine's air defenses after an increase in Russian attacks—even though a previous shipment of U.S. weapons had been paused. I think Trump's changing attitude stems from his frustration with Putin's unwillingness to take tangible steps toward ending the war in Ukraine. There's also growing bipartisan consensus in Congress for stricter sanctions against Russia. Meanwhile, the Wall Street Journal reported in late May that Trump privately told European leaders that Putin isn't ready for peace because he believes he's winning the war. Yet, in my view, uncertainty remains over whether Trump will fully follow through on this tougher rhetoric. After all, he has reversed course in the past. For example, just a few months ago, he backed off plans for financial sanctions on Russia, citing warnings that such measures could harm U.S. business interests. Additionally, Trump has previously recognized Crimea as Russian territory and criticized Zelenskyy's insistence on reclaiming it, arguing that the issue is blocking peace talks. In turn, Putin seems largely unfazed by Trump's recent expressions of disappointment. In fact, the New York Times suggests that the Kremlin remains committed to its military campaign in Ukraine, betting that Russian forces might achieve decisive battlefield advantages in the months ahead. Many analysts, myself included, suspect that despite Trump's new threats, Putin still hopes he can negotiate a deal with Trump in the future to ease sanctions if Russia agrees to end the conflict on favorable terms. Meanwhile, Putin has continued his familiar narrative accusing the West of exploiting the collapse of the Soviet Union for geopolitical gain. Recently, he claimed that after the Soviet Union fell, the West chose to 'live by rules it created for itself,' disregarding Russia's strategic interests. I believe these remarks are meant to justify Moscow's increasingly assertive foreign policy and to rally domestic support. Europe's relationship with Russian energy remains complex, particularly in the nuclear sector. According to a recent report by the Emirates Center for Strategic Studies and Research (ECSSR), despite geopolitical tensions, the European Commission announced on June 16 that it has no immediate plans to reduce reliance on Russian nuclear fuel. In my point of view, this highlights Europe's strategic vulnerability. Five EU countries operate 19 nuclear reactors built to run on Russian fuel. While four of these countries have signed deals with U.S.-based Westinghouse and France's Framatome for alternative supplies, transitioning could take five to seven years and require significant investment. Globally, Russia's foreign policy continues to evolve. Despite talk of a closer strategic partnership between Moscow and Tehran, Russia has provided limited support for Iran in its conflict with Israel. Axios reported that Putin recently urged Iran to accept a nuclear deal with the U.S. based on zero uranium enrichment—a proposal that Tehran has reportedly rejected. Separately, Russian Foreign Minister Sergey Lavrov met his Turkish counterpart on the sidelines of the BRICS summit in Brazil, discussing Middle Eastern tensions and concerns about growing defense ties between Turkey and Azerbaijan. Both Russia and Turkey have previously offered to store Iranian uranium on their territories to prevent a regional nuclear arms race. Lavrov is currently touring Asia, including planned visits to North Korea and China, signaling Russia's ongoing search for diplomatic and economic partnerships beyond the West. In my view, President Trump's newly confrontational tone toward Putin could either open fresh diplomatic channels—or risk slamming the door shut on negotiations between two leaders who once openly praised each other as friends. Only time will tell whether this shift is genuine or merely another twist in the unpredictable saga of Trump's foreign policy. read more Analysis- Turkey Has 0 Regional Allies... Why? Analysis: Russia, Turkey... 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Axios
3 hours ago
- Business
- Axios
Zip raises $13.5 million for SME cybersecurity
Zip Security, a provider of cybersecurity solutions to small and midsized enterprises, tells Axios that it's raised $13.5 million in Series A funding. Why it matters: All companies face hacking risks, but often only the largest can afford dedicated cybersecurity staffers. At the same time, some are vendors to Fortune 500 companies and could be held accountable if information gets stolen. What they're saying: "A solar panel installer in Hawaii was hacked last year," says Josh Zweig, Zip Security's CEO. "It looked like they were emailing their suppliers and telling them to update their ACH information for accounts receivable." "Their head of security was also their head of engineering — of solar panels ... They eventually came to us, but only after they'd already had to shut down for a week." Zoom in: Ballistic Ventures led the new round, and was joined by Silver Buckshot, The Chainsmokers' Mantis VC and return investors like General Catalyst, Box Group and Human Ventures.
