After spending more than $500m on advertising, organizing and bizarre online media stunts involving anything-for-money influencers, billionaire Mike Bloomberg is suspending his campaign. His dismal performance on Super Tuesday, writes Axios's Alexi McCammond, led to a quick endorsement of Joe Biden, the centrist candidate he had hoped to displace.

The big picture: Bloomberg's self-funding drew backlash from an increasingly progressive party that is skeptical of the role of big money in politics. Bloomberg was one of two billionaires in the race, joined by Tom Steyer, who dropped out over the weekend.

Bloomberg will continue paying his campaign workers through to november, however, and pledged to put them to use supporting whomever wins the Democratic Party's nomination to take on President Trump in the general election. Read the rest

Facebook is reportedly considering making it just a wee bit clearer that pro-Bloomberg political campaign posts come from paid staffers on Michael Bloomberg's political campaign. Yes, 2020 is bonkers. Read the rest

“What does this guy worth $60 billion own, who wants to be president?” Read the rest

This audio recording shows that Democratic presidential hopeful Michael Bloomberg, the former mayor of New York City, remained an advocate of racial profiling long after a federal judge ruled that his use of it in office amounted to unconstitutional racial harassment. Read the rest

A little over a year ago, Bloomberg stunned the world with a report that claimed that Chinese intelligence services had figured out how to put undetectable, rice-grain-sized hardware implants into servers headed for the biggest US cloud and enterprise IT firms, and that when some of the victims discovered this fact, they quietly ripped out whole data-centers and replaced all their servers. Read the rest

Last October, Bloomberg published what seemed to be the tech story of the year: a claim that Supermicro, the leading supplier of servers to clients from the Pentagon and Congress to Amazon, Apple and NASA, had been targeted by Chinese spies who'd inserted devastating, virtually undetectable hardware backdoors into their motherboards by subverting a small subcontractor in China. Read the rest

Earlier this month, Bloomberg published a terrifying, detailed story claiming that Chinese spies had, for years, been sneaking hardware backdoors into servers used in data-centers run by companies like Apple and Amazon, as well as Congress, the Senate, the White House, Navy battleships and more. Read the rest

For years, racist authoritarians in New York City defended the stop-and-frisk program in which primarily black and brown people were repeatedly stopped without any particularized suspicion and forced to turn out their pockets, empty their bags, even strip naked in public on frozen-street corners. Read the rest

Michael Bloomberg, the billionaire former mayor of New York City, has decided not to run for president on an independent ticket. Read the rest

At the NYT, Michael M. Grynbaum reports on Mayor Michael Bloomberg's plan to abolish sales of large bottles or cups of soda outside of grocery stores.

The proposed ban would affect virtually the entire menu of popular sugary drinks found in delis, fast-food franchises and even sports arenas, from energy drinks to pre-sweetened iced teas. The sale of any cup or bottle of sweetened drink larger than 16 fluid ounces — about the size of a medium coffee, and smaller than a common soda bottle — would be prohibited under the first-in-the-nation plan, which could take effect as soon as next March.

Presumably, refills and the purchase of multiple smaller sodas will also be banned, in order to demonstrate that this isn't empty hot air that just happens to increase the price- and profitability-by-volume of soda. Read the rest

"[W]hat's been pretty seriously under-covered is this past weekend's amazing outburst of out-of-control NYPD tactics on Occupy Wall Street," writes Choire Sicha at the Awl, along with a roundup of links and videos illustrating just how out-of-control those NYPD tactics are. Read the rest