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Published on: 2025-04-25 01:12:29 Published on: 2025-04-25 01:12:29

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why is united credit limited (531091) rising ✌️【Hot Stock Recommendations】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. A version of this story appeared in 【 - Free Market Sentiment Analysis 】 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.

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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.

why is united credit limited (531091) rising ✌️【Hot Stock Recommendations】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. 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 Market Sentiment Analysis 】’s question about why a team located in Texas would be less biased than one in California.)

why is united credit limited (531091) rising ✌️【Hot Stock Recommendations】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. 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.”

why is united credit limited (531091) rising ✌️【Hot Stock Recommendations】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. 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.

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“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.

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“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.”

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