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Biden on Afghanistan: "I stand squarely behind my decision"

Amid rising fear and chaos in Afghanistan, President Biden staunchly stood by the decision to leave the country on Monday afternoon, saying he "stands squarely behind" the decision to pull out of the country.

Why it matters: The Biden administration has faced sharp criticism over its response to the rapid collapse of Afghanistan and the chaotic evacuation effort. Evacuation flights were suspended Monday after thousands of Afghans stormed a runway at the international airport in Kabul in attempts to flee the country.


  • At least seven people have been killed during the chaos at the airport, including several Afghans who plunged to their deaths after clinging on to a U.S. military jet that took off from the runway, according to AP.
  • Many Afghans who aided U.S. and coalition forces have yet to be evacuated from the country.

What he's saying: "This did unfold more quickly than we anticipated," Biden said arguing that Afghan forces gave up and "we could not provide them with the will to fight for that future."

The big picture: More than 300,000 Afghans have been internally displaced, according to the UN's International Organization for Migration. Scores of migrants are undertaking dangerous journeys to seek safety.

  • In June, roughly 40,000 people fled to neighboring Iran per week.
  • Afghans who aided U.S. and coalition forces have yet to be evacuated from the country.
  • The Biden administration is still making attempts to secure temporary housing in other countries for those who risk retaliation from the Taliban.

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The pandemic created boomerang-worker tech hubs — and they're not going away

"Boomerang workers" — those who've returned to their home towns to do remote work — rose with the pandemic, but the phenomenon shows signs of sticking around beyond it.

The big picture: Workers typically have to move to where the jobs are, centralizing top talent in big coastal cities. But as COVID drove rapid adoption of remote work, many people who were able to opted to return to their roots to be closer to family, raise kids in familiar settings or simply escape big city life.

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Biden vacancies delay Big Tech reckoning

Data: Axios research; Table: Axios Visuals

President Biden still hasn't named permanent leaders at the key agencies overseeing the tech and telecom industries, giving him a late start on confronting powerful U.S. companies.

Why it matters: If Biden doesn't move quickly, there won't be enough time left for his administration to take on big targets and tackle thorny policy problems.

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Microsoft CEO Satya Nadella says tech giant is through being cool

If software developers don't see Microsoft as the coolest trillion-dollar tech company out there, CEO Satya Nadella is OK with that, he told Axios in an exclusive interview as Microsoft's annual developer conference kicked off Tuesday.

Driving the news: "My sales pitch to anybody, whether it’s an intern or a college grad joining Microsoft is, hey, if you want to be cool, go join someone else," Nadella said. "If you want to make others cool, join Microsoft."

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Wall Street's top regulator says a report on meme stock mania is coming this summer

Wall Street's top regulator says a report examining meme stock mania will be coming "sometime this summer."

The big picture: It will "detail the range of activities" that came out of the January events," SEC chair Gary Gensler said Thursday at a third congressional hearing held to dissect the GameStop trading phenomenon.

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