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Zuckerberg Tries to Enlist Trump in Fight Against Meta EU Ruling

Mint New Delhi

|

April 02, 2025

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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Air India ramps up fleet expansion to IndiGo speed

A little more than two years since it placed the first of two mega-orders of passenger jets on Airbus SE and Boeing Co., India's second largest carrier Air India has started taking deliveries at the rate of one aircraft a week—catching up with market leader IndiGo's additions to its fleet.

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Cognizant weighs India IPO, raises guidance

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L&T orders hint at pvt capex revival

Domestic orders jump 50%, cross ₹20,000 cr after 5 quarters

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Why Sebi's new plan has irked mutual funds

The market regulator has suggested capping brokerage and transaction costs that mutual funds can charge investors. Fund houses are unhappy and their shares fell as much as 8% on Wednesday. Mint breaks down what this means for mutual funds and retail investors:

time to read

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Follow your nose down the bylanes of history

‘The Secret Power of Scent’ takes visitors on a 1,000-year journey

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Vedanta to boost investment in KCM

Vedanta Resources, the mining and energy company controlled by Indian billionaire Anil Agarwal, proposes to scale up the $1 billion investment in its Zambian copper unit to develop multiple tailing leaching facilities required to enhance copper production from secondary sources, said chief executive officer (CEO) Deshnee Naidoo in an interview.

time to read

1 min

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BlueStone IPO gets demi-fine jewellery a place in spotlight

A new sparkle BlueStone's blockbuster IPO has boosted investor interest in fashion jewellery startups.

time to read

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Mint New Delhi

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CPP targets more growth in India as its portfolio triples

Canada’s CPP Investments expects its India portfolio to grow further after tripling in size over the previous 5 years, top executives at the investment firm said on Wednesday during a media discussion.

time to read

1 mins

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Shree Cement sticks to its strategy despite slow HI

As large cement makers chase market share, there are concerns over Shree Cement Ltd’s strategy to prioritise a premium pricing over volume.

time to read

1 mins

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M&As funded by local banks will serve the economy well

Amid the torrent of regulatory notifications from the Reserve Bank of India (RBI) after its last monetary policy meeting, one of the pleasant surprises was its green-lighting of the financing of mergers and acquisitions (M&As) by domestic banks, placing them at par with their global peers.

time to read

3 mins

October 30, 2025

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