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Zuckerberg Tries to Enlist Trump in Fight Against Meta EU Ruling

April 02, 2025

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Mint Chennai

Mark Zuckerberg was quick to jump on board with President Trump earlier this year. Now he is calling in a favor.

- Sam Schechner & Kim Mackrael

After Trump's election, the Meta Platforms chief executive embraced the incoming president's priorities. He scrapped Meta's diversity team, ended its fact-checking program, and appointed UFC President Dana White, a Trump ally, to its board. Clad in a maroon tie, Zuckerberg was among several Silicon Valley CEOs present for Trump's inauguration.

In recent weeks, in one of Zuckerberg's first specific asks since Trump took office, Meta executives have pressed U.S. trade officials to fight against an expected European Union fine and cease-and-desist order, people familiar with the conversations said.

The expected decision relates to whether Meta should be forced to give Facebook and Instagram users the option of accessing those services free without seeing personalized ads, something that would undercut the main way Meta makes money.

Meta's goal is to push the Trump administration, which is readying a new package of tariffs expected to hit the EU and others on Wednesday, to respond aggressively against what the company says would be a discriminatory decision, the people added. Meta hopes U.S. pressure will persuade the European Commission, the bloc's executive arm, to water down how the company has to comply with the decision.

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Adani shares slide up to 15% after SEC moves court to serve direct summons

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News of the US market regulator seeking to send summons in a bribery case directly to Adani Group promoter Gautam Adani and his nephew Sagar sent the group’s listed stocks tumbling between 3% and 15% on Friday.

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Dr Madhuresh K Sethi: Patent defender

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Budget may update MSME debt framework to provide relief

The development assumes significance given that India's 7.4 million MSMEs contribute about 45% to its exports, about 30% of India’s total economic output and employ 330 million people.

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Coforge, Mphasis defy seasonality, beat Street view

Defying seasonal weaknesses, mid-sized information technology (IT) outsourcers Coforge Ltd and Mphasis Ltd beat analyst expectations for the October-December 2025 quarter, mirroring the trend of their mid-sized peers.

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Top steel cos face CCI pricing probe

Four major steelmakers— Tata Steel, JSW Steel and state-run SAIL and RINL —disclosed their pricing plans to rivals and coordinated production cuts to reduce supplies, an antitrust investigation report seen by Reuters shows.

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Inside Cosmo First's move beyond packaging

In 1981, when India’s packaging industry was primitive, technical expertise scarce, and global competitors formidable, Ashok Jaipuria saw what others missed.

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Leading the Green Revolution: Debabrata Sarkar’s journey

Debabrata Sarkar is a highly accomplished C-level executive and TEDx speaker with over 26 years of experience in the international agriculture sector.

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