As Elon Musk and his billionaire brethren take power in Trump’s second term, the lack of legal guardrails — and the fading power of Big Media — is becoming an existential crisis.
Zuckerberg’s decision may have been an effort to court U.S. President Donald Trump, who has frequently railed against the media and Big Tech firms. According to the New York Times, the tech tycoon rolled out his new direction abruptly, blindsiding many of his staff.
Meta’s chief executive has become a more visible presence in Washington since President Trump’s return to office after years of avoiding politics.
If Europe was strong, it could hit back hard against any bullying from Donald Trump. Brussels and the United Kingdom would be able to match any tariffs on their goods with taxes on U.S. imports. They could add extra duties on carbon-intensive trade to punish the new U.
Mark Zuckerberg-owned tech giant recently announced end of fact-checking in United States as concerns grow over a similar move in Europe and elsewhere
In Trump’s first term, Meta quietly introduced a slew of Republican-friendly changes. But led by Joel Kaplan, the company is done playing both sides and is going all-in on MAGA.
Musk is the richest person in the world with a net worth of $449 billion, according to the Bloomberg Billionaires Index. He sat alongside Zuckerberg and Bezos, cheering Trump on during his inaugural speech.
Meta CEO Mark Zuckerberg said the company plans to up its capital expenditures in 2025 as it aims to keep pace with rivals in the AI space.
Meta CEO Mark Zuckerberg expects to spend as much as $65 billion on AI in 2025 as part of a “massive effort” to further the company’s AI ambitions. Part of the plan includes a Louisiana data center that Zuckerberg says “is so large it would cover a significant part of Manhattan,” he wrote on Threads today.