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Meta to Pay Trump $25 Million to Settle Lawsuit Over 2021 Ban
The president sued Mark Zuckerberg’s company after he was kicked off Facebook and Instagram following the Jan. 6 insurrection
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Big Tech Goes to Washington to ‘Kiss Trump’s Ring’ — But MAGA Fans Remain Skeptical
Meta CEO Mark Zuckerberg’s pro-Trump shift “seems a little bit disingenuous,” one inauguration attendee told TheWrap
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WrapPRO
Available to WrapPRO members
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Supreme Court Upholds TikTok Ban, Paving Way for Sunday Shutdown
The popular app will not be allowed to be carried by the Apple or Google app stores starting Jan. 19
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Meta Cuts 5% of Workforce to ‘Move Out Low-Performers,’ Zuckerberg Says
The parent company of Facebook and Instagram is cutting 3,620 jobs
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Mark Zuckerberg Compares Meta’s Fact-Checking to ‘1984’ as His Apps Prepare for Community Notes
The Facebook boss says a key reason he’s ditching fact-checking is because the Biden Administration “basically pushed” the company to censor COVID-19 posts
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Meta Pivots Away From Protections, Guardrails as Trump 2.0 Looms | Analysis
Is Mark Zuckerberg returning to his free-speech roots?
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Tech
Available to WrapPRO members
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Meta to Remove Fact Checkers in Place of Community Notes, Citing Trump and X | Video
“We’re going to get back to our roots and focus on reducing mistakes, simplifying our policies and restoring free expression on our platforms,” Mark Zuckerberg says
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UFC Chief Dana White Joins Meta’s Board of Directors
The Ultimate Fighting Championship president will be joined by Exor CEO John Elkann and tech investor Charlie Songhurst, Mark Zuckerberg shares
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Facebook Thinks AI Bots Will Be Your New Social Media Friends
Meta’s apps will soon have AI bots with “bios and profile pictures,” one company executive says
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Arthouse Distributor Kino Lorber Sued for Tracking, Sharing Data to Facebook Without Customer Consent
Kino Lorber used Meta’s Pixel software to track website visitor habits
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Why Trump’s Victory Will Spur Tech Deals, Ease Scrutiny on AI and TikTok | Analysis
Analysts also project a key wild card for Big Tech will come from Trump cheerleader Elon Musk
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2024 Election
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Meta Posts Record $15.7 Billion Profit as Net Income Balloons 35% in Q3
CEO Mark Zuckerberg says the Facebook parent company will continue to invest in AI and virtual reality because the upside is “really big”
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Tech
Available to WrapPRO members
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Facebook Oversight Board Unblocks Harris-Walz ‘Dumb and Dumber’ Meme as Political Satire
The image is “nothing more than a commonplace satirical image,” members of the board determine
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Meta’s Quiet Election | Commentary
Separating politics and social media is a good thing.
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Politics
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‘Spy on Me’: TikTok Users Aren’t Worried About China Getting Their Data
Support for banning TikTok continues to wane, with American users saying they have “nothing to hide” from the app’s Chinese owners
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Tech
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