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.
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.
CEO Mark Zuckerberg announced that Meta Platforms (META.O) plans to invest as much as $65bn in 2025 to expand its artificial intelligence (AI) infrastructure. This substantial investment aims to bolster Meta’s AI capabilities and strengthen its competitive position against rivals such as OpenAI and Google in the rapidly evolving AI market.
The Meta CEO met with Trump after his win in the 2024 presidential election, according to multiple reports including CBS and the New York Times. And more recently, he named Trump ally and UFC boss Dana White to Meta's board of directors and elevated prominent Republican Joel Kaplan to lead its global affairs operation.
Zuckerberg announces the effort as Elon Musk is upgrading his Colossus supercomputer and Sam Altman partners to dump $500 billion into 'Project Stargate.'
Meta execs meet advertisers to discuss changes in content policies, including removal of third-party fact-checkers.
I have fired Meta as a client,” Lemley wrote on Bluesky, the platform which has emerged as an alternative to X for left-leaning internet users
UFC CEO Dana White will reportedly receive a lucrative payout for joining Meta’s Board of Directors under the leadership of Mark Zuckerberg.
Facebook founder Mark Zuckerberg has once again been called out for enjoying an eyeful of Jeff Bezos’ fiancée Lauren Sanchez — barely 24 hours after he was caught on camera apparently gawking at her prominent cleavage during President Trump’s inauguration.
Billionaires whose fortunes are linked to artificial intelligence were the biggest losers: Huang saw his fortune fall $20.1 billion, a 20 per cent drop
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.