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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.

Mint New Delhi からのその他のストーリー

Mint New Delhi

Mint New Delhi

Indian refiners set for surge in exports

Crippled refineries in Russia and the advancing winter in Europe are expected to pump up demand for Indian petro-products till the end of March.

time to read

3 mins

October 31, 2025

Mint New Delhi

Lenskart IPO today, in test of ₹70,000 cr valuation

As Lenskart opens its initial public offering (IPO) today, gunning for a near-₹70,000 crore valuation, it is set to test investor appetite for one of India's most celebrated new-age consumer-tech stories. The Street is divided-sceptics call the price stretched, but believers bet on 20-30% gains in short term.

time to read

3 mins

October 31, 2025

Mint New Delhi

Mint New Delhi

China opens door to rare earth relief

Four Indian cos get nod; Beijing suspends planned extra curbs

time to read

2 mins

October 31, 2025

Mint New Delhi

Why Indian wealth managers are betting on US Smids

Some of India’s leading wealth managers looking beyond the country’s bustling markets for global diversification are zeroing in on US smalland mid-cap (Smid) stocks, expecting these to deliver better returns than their overheated domestic counterparts.

time to read

1 mins

October 31, 2025

Mint New Delhi

Mint New Delhi

Loans, wealth units to drive Groww's growth

Co looks beyond broking to bonds, commodities as new growth engines

time to read

3 mins

October 31, 2025

Mint New Delhi

Mint New Delhi

Jindal Steel's new CEO says he tends to 'stick around'

Less than 24 hours after his appointment, Jindal Steel Ltd's new chief executive officer (CEO) Gautam Malhotra sought to calm investor nerves on the high churn of senior executives at the billionaire Naveen Jindal-led firm.

time to read

2 mins

October 31, 2025

Mint New Delhi

PRISM moves to raise share capital

Initial public offering (IPO)-bound OYO's parent firm PRISM has initiated a fresh round of corporate actions, including an increase in its authorised share capital as part of its preparations for a potential public listing, sources said on Thursday.

time to read

1 min

October 31, 2025

Mint New Delhi

Mint New Delhi

OpenAl lays groundwork for major IPO at up to $1 tn valuation

OpenAl is laying the groundwork for an initial public offering (IPO) that could value the company at up to $1 trillion, three people familiar with the matter said, in what could be one of the biggest IPOs of all time.

time to read

1 min

October 31, 2025

Mint New Delhi

L&T: Robust Q2, yet risks loom

Shares of Larsen & Toubro Ltd hit a record ₹4062.60 on Thursday following a strong show in the September quarter (Q2FY26).

time to read

2 mins

October 31, 2025

Mint New Delhi

Mint New Delhi

Sampling the best of Bangkok's cuisine

With its mix of street food stalls and Michelin-starred restaurants, no city, except perhaps Mexico City, offers the range of food Bangkok does

time to read

5 mins

October 31, 2025

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