Axios

Technology companies are facing growing international obstacles affecting how their most valuable asset — data — flows across borders. New trade agreements and laws are affecting how companies share and store their troves of data around the world. For decades, trade talks centered around tangible goods such as oil, agriculture and cars.

Rep Ro Khanna (D-CA) -- who represents parts of Silicon Valley -- defended a controversial statement he made in a conversation with his local paper last week that pointed to Portugal as an example of what happens when regulations don't protect network neutrality.

News Corp is taking aim at the digital-ad dominance of Google and Facebook with a new platform to let advertisers reach audiences across all of its online properties. The new platform, called News IQ, will pull audience data from sites like The Wall Street Journal, New York Post and Barron's and give advertisers a way to reach specific audiences around safe content.  News Corp is the latest publishing company to launch a data-based advertising network to win back digital ad dollars from Google and Facebook. Disney, NBC and Vox Media, and Verizon and Oath have all similar steps.

John Dowd, President DonaldTrump's outside lawyer, outlined a new and highly controversial defense/theory in the Russia probe: A president cannot be guilty of obstruction of justice.  The "President cannot obstruct justice because he is the chief law enforcement officer under [the Constitution's Article II] and has every right to express his view of any case," Dowd claims.

For decades, the internet has been seen by most Americans as a democratizing force that makes life easier and more enjoyable. But the increase of instances of abuse on the open web is challenging our conventional notion of the benefits of the internet. Advances in technology always create unforeseen consequences, which is why laws are usually written to address broad use cases. But recent incidents show that the country is reaching a tipping point, and regulators seem eager to revisit outdated policies to protect Americans from an internet turned ugly.

One after another, regulators are making moves that underscore just how fast the media industry is changing, putting pressure on Washington to make sure laws keep up.

Former Federal Communications Commission Chairman Julius Genakowski, now a partner with The Carlyle Group, is troubled by the Department of Justice's efforts to block AT&T from buying Time Warner. He said, "This lawsuit creates unprecedented uncertainty for media companies trying to scale in this new media world where cord-cutting is pressuring revenue and they're competing now with multiple, much larger tech companies.

The economic strains of technology on the entire media landscape are intensifying. Weeks after Google and Facebook announced record earnings, some of the biggest players in the digital media industry are still struggling to hit revenue projections, make profit or grow. Rapid consolidation in every sector, but especially digital, shows how difficult it is for media companies to survive in an attention economy dominated by tech platforms.

A big year of wins for the broadcasting industry is about to get even bigger with a pair of votes at the Federal Communications Commission on Nov 16. One proposal would lift rules that say one company can't own a television station and a newspaper in the same market and a similar rule for owning both radio and television stations in a market. It would also allow the FCC to waive a prohibition against owning two of the top television stations in a market on a case-by-case basis.

Facebook hired the former top aide to a lawmaker investigating how Russians may have used its platform to subvert the 2016 election to lobby on its behalf in Oct. Facebook is bolstering its forces in Washington amid unprecedented investigations into the power of its platform and a new bill that would create new disclosure requirements for online political ads. Facebook hired Luke Albee to lobby on, among other issues, "election integrity," per the form.