Meta Platforms Inc.’s global policy director said the technology giant “won’t shy away” from taking up its case with President Donald Trump if the European Union uses its digital rules to target Meta’s products.
Dow, S&P 500, and Nasdaq futures are falling in premarket trading Tuesday as the stock market digests President Donald Trump's latest tariff moves.
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President Donald Trump ordered his trade chief to reopen investigations into digital service taxes imposed on U.S. tech firms.
At the start of January, just as Donald Trump's inauguration was approaching, CEO Mark Zuckerberg announced that Meta's third-party fact checkers had become too politically biased
Despite pressure from the U.S., the European Commission won’t delay antitrust actions against Apple and Meta. The European Union’s competition chief told Reuters that U.S. President Donald Trump has upended the “trustful relationship” between the United States and Europe,
Meta's global affairs lead Joel Kaplan said the company would alert Trump when it felt it was being unfairly targeted abroad by regulators.
Trump has also given some early signs that he might push back on attempts to punish American firms like Meta. While speaking at the World Economic Forum last month, the President said the EU shouldn’t be fining American companies, calling it “a form of taxation” and saying “We have some very big complaints with the EU.”
The new media moguls and the legacy studios are reading from very different scripts. Next week’s Oscars will feature the most gloriously woke line-up in years.
When companies are treated differently and in a way that is discriminatory against them, then that should be highlighted to that company’s home government,” Meta’s global affairs head said.
Meta Platforms Inc.’s global policy director said the technology giant “won’t shy away” from taking up its case with President Donald Trump if the European Union uses its digital rules to target Meta’s products.
The entrepreneur is working with President Donald Trump to assert White House control over the sprawling federal workforce.