Meta CEO Mark Zuckerberg Strengthens Ties With Trump, Aims to Shift Regulatory Scrutiny to Apple

Benzinga

Meta CEO Mark Zuckerberg is leveraging his relationship with President Donald Trump to challenge Apple amid an ongoing tech rivalry. Sources familiar with the matter say Zuckerberg hopes that Meta’s strengthened ties with the White House will shift regulatory scrutiny away from his company and onto Apple. The rivalry stems from Apple’s 2021 iOS privacy update, significantly impacting Meta’s advertising business. Meta has been using internal moderators to censor employee criticism of the plan.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Meta CEO Mark Zuckerberg is leveraging his relationship with President Donald Trump

00:06to challenge Apple amid ongoing tech rivalries.

00:09Sources familiar with the matter say Zuckerberg hopes that Meta's strengthened ties with the

00:12White House will shift regulatory scrutiny away from his company and onto Apple.

00:17The rivalry stems from Apple's 2021 iOS privacy update,

00:20which significantly impacts Meta's advertising business.

00:23Meta has been using internal moderators to censor employee criticism of the plan.

00:27For all things money, visit Benzinga.com slash GSTV.

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