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the hi (hitechgear) vs yyy ✌️【Smart Picks】✌️ Precise predictions of market trends with real-time stock indices and futures data to help you make wise investment decisions. A version of this story appeared in 【 - Free Access to Community 】 Business’ Nightcap newsletter. To get it in your inbox, sign up for freehere.

Four years ago, Meta CEO Mark Zuckerberg banned Donald Trump from Facebook and Instagram, saying the risks of allowing him on the platforms were “simply too great” after Trump repeatedly used the sites to broadcast election lies and cheer on the January 6 mob.

the hi (hitechgear) vs yyy ✌️【Smart Picks】✌️ Expert predictions of stock trends to help you select stocks accurately, achieve stable growth, and quickly recover from losses. The social media giant iscanning its fact-checkersand making its platforms look a little more like X, the site owned by“first buddy”Elon Musk. At the same time, Meta named Trump ally and UFC bossDana White to its boardof directors on Monday, days after elevating Joel Kaplan, the most prominent Republican lobbyist for the company, to be its new head of global affairs. Meta was one of several large tech companies to donate $1 million to Trump’sinauguration fund. And Zuckerberg — whom Trumponce threatenedwith life in prison — has personally made the pilgrimage to Mar-a-Lago to dine with the incoming president since the election.

the hi (hitechgear) vs yyy ✌️【Smart Picks】✌️ Precise stock selection to help you successfully plan investment strategies for stable returns. While Zuckerberg is clearly trying to insulate Meta from Trump’s loomingcorporate retributiontour, he’s also courting a potential disaster if Meta’s advertisers flee and users begin to associate the brand — already tarnished by AI slop and a yearslong dearth of innovation — with the kinds of unsavory characters who now dominate X.

the hi (hitechgear) vs yyy ✌️【Smart Picks】✌️ Free real-time market data to help you quickly recover and avoid losses. Related articleCalling women ‘household objects’ now permitted on Facebook after Meta updated its guidelines

On Tuesday morning, Zuckerberg tapped the president-elect’s favorite TV channel, Fox News, to announce that the world’s dominant social media platforms are now, for all intents and purposes, pro-Trump.

the hi (hitechgear) vs yyy ✌️【Smart Picks】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. Meta is getting rid of its third-party fact-checkers, Zuckerberg said, because they have been “too politically biased,” made too many mistakes “and have destroyed more trust than they’ve created” — unfalsifiable statements that echo the right’s longtime claim that Facebook censors conservative views. Meta will replace fact-checkers with “community notes” similar to those on X, in which users can add comments to posts that may contain false information.

In another questionable decision announced Tuesday, Zuckerbergaddedthat Meta will move its content moderation team to Texas from California, saying this would “remove the concern that biased employees are overly censoring content.” (Meta didn’t respond to 【 - Free Access to Community 】’s question about why a team located in Texas would be less biased than one in California.)

the hi (hitechgear) vs yyy ✌️【Smart Picks】✌️ Free real-time global stock indices and data to help you grasp stock market trends and achieve capital growth. The hits kept coming on Tuesday, as my colleagueClare Duffy reportedthat Meta quietly updated its guidelines to free users who want to refer to gay and transgender people as having a “mental illness,” or refer to women as “household objects” and “property.”

the hi (hitechgear) vs yyy ✌️【Smart Picks】✌️ Expert predictions with real-time stock indices, futures data, and metals, energy market data to help you seize the best investment opportunities. All of this buys Meta some insurance going into an era of Trump 2.0. As business leaders remember all too well from Round One, Trump has shown little restraint when he senses companies are being insufficiently loyal. Meta’s ownstock tumbledin March after Trump called in to CNBC to label Facebook an “enemy of the people.”

If Meta were to take the harder line it invoked four years ago, it could expect to find itself in Trump’s crosshairs on social media and shut out of the rooms where rivals like Musk are making decisions about tech’s future.

But Meta’s repositioning is hardly a foolproof business plan. Just take a look at X, the site Musk acquired in 2022 when it was called Twitter. Musk remade the site in his own image, reinstating White nationalists and other offensive accounts that had been banned under Twitter’s safety guidelines. Advertisers, wary of their products appearing alongside hate speech, rushed to the exits. Millions of users, similarly unhappy about the return of neo-Nazis on the platform, also left for competitors like Bluesky and Meta’s Threads.

X’s valuehas cratered 80%since Musk bought it, according to estimates from investment giant Fidelity.

the hi (hitechgear) vs yyy ✌️【Smart Picks】✌️ Real-time global stock, futures, and forex data to help you quickly assess market trends and achieve stable returns. That’s not a huge problem for X and Musk, who could theoretically bankroll the entire operation himself.

the hi (hitechgear) vs yyy ✌️【Smart Picks】✌️ Free stock selection service with professional advisors offering the best investment portfolio for stable growth. The same can’t be said for Meta, one of the world’s most valuable public companies, with a market cap of $1.5 trillion.

“Brand safety remains a key factor in determining where advertisers spend their budgets,” Emarketer principal analyst Jasmine Enberg said in an email Tuesday. “Social media is already a minefield for content that many brands deem unsafe, and Meta’s change could exacerbate those problems.”

In 2022, Metalost nearly $240 billionin market value in a single day — the biggest one-day drop in companyvalue in the history of the US stock market at the time— after it reported a slight decline in daily active Facebook users and an 8% drop in quarterly profit.

the hi (hitechgear) vs yyy ✌️【Smart Picks】✌️ Real-time global stock trend and futures data to help you plan investment strategies for long-term returns. That hits Zuckerberg where he lives, because he’s the biggest individual shareholder, says Cory Doctorow, a journalist, author and activist with the nonprofit Electronic Frontier Foundation. But more importantly, stock swings hit the rich-but-not-billionaire-rich class of Meta executives.

“Zuckerberg is insulated from the consequences of making bad choices until he’s not — until things reach a breaking point… and then he tends to panic,” Doctorow told me. “Tech calls these panics ‘pivots,’ but they’re just the outcome of being the CEO of a company that posts anemic growth or even a contraction and sees the Street just go nuts on you.”

Past “pivots” have included the Metaverse, the sci-fi nonsense that Zuckerberg pitched as the future of the company three years ago. More recently, Meta is testing out its ownAI-generated “users”in an apparent ploy to goose engagement.

“They’re now at the end of a long run of extremely bad choices,” Doctorow said. Which is not to say Meta is doomed, per se. “But I think that they are on the path to becoming a kind of zombie — like MySpace is today. MySpace still exists. It’s justAI-generated slop and spam.”

the hi (hitechgear) vs yyy ✌️【Smart Picks】✌️ Expert predictions of stock trends with real-time stock indices, futures, and metals, energy quotes to help you seize investment opportunities. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Access to Community 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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