Zürcher Nachrichten - Big Tech rolls out the red carpet for Trump

EUR -
AED 4.184217
AFN 71.778596
ALL 94.26058
AMD 418.558169
ANG 2.039871
AOA 1044.771654
ARS 1684.037898
AUD 1.652409
AWG 2.052229
AZN 1.941395
BAM 1.955605
BBD 2.29677
BDT 140.265982
BGN 1.926481
BHD 0.429957
BIF 3386.861518
BMD 1.139336
BND 1.475553
BOB 7.880212
BRL 5.89839
BSD 1.140386
BTN 107.036303
BWP 15.497451
BYN 3.307369
BYR 22330.988246
BZD 2.293471
CAD 1.616661
CDF 2583.449152
CHF 0.922361
CLF 0.026741
CLP 1051.03496
CNY 7.745378
CNH 7.752824
COP 3917.408495
CRC 517.748256
CUC 1.139336
CUP 30.192408
CVE 110.253981
CZK 24.27816
DJF 203.069705
DKK 7.480658
DOP 67.003304
DZD 152.015808
EGP 56.43136
ERN 17.090042
ETB 183.850126
FJD 2.581854
FKP 0.863251
GBP 0.863068
GEL 3.01359
GGP 0.863251
GHS 12.857715
GIP 0.863251
GMD 83.171943
GNF 9992.001402
GTQ 8.700131
GYD 238.656149
HKD 8.935301
HNL 30.511951
HRK 7.539903
HTG 149.045104
HUF 354.163079
IDR 20349.226973
ILS 3.420345
IMP 0.863251
INR 107.508332
IQD 1493.850705
IRR 1566872.020062
ISK 144.115067
JEP 0.863251
JMD 179.602051
JOD 0.807834
JPY 184.293362
KES 147.565252
KGS 99.635383
KHR 4577.542521
KMF 494.472282
KPW 1025.40292
KRW 1749.211811
KWD 0.35275
KYD 0.950305
KZT 553.304703
LAK 25030.498458
LBP 102119.294221
LKR 383.321691
LRD 207.719241
LSL 18.745127
LTL 3.364164
LVL 0.689173
LYD 7.320268
MAD 10.693231
MDL 20.218979
MGA 4823.517939
MKD 61.628841
MMK 2391.763716
MNT 4078.406228
MOP 9.211779
MRU 45.511452
MUR 53.834064
MVR 17.603174
MWK 1977.402379
MXN 19.943172
MYR 4.65765
MZN 72.807828
NAD 18.745127
NGN 1567.875065
NIO 41.965806
NOK 11.31707
NPR 171.257885
NZD 2.017953
OMR 0.438079
PAB 1.140386
PEN 3.888611
PGK 5.0045
PHP 69.855021
PKR 317.362483
PLN 4.291823
PYG 6960.304389
QAR 4.156785
RON 5.244483
RSD 117.36827
RUB 89.906115
RWF 1670.033097
SAR 4.282472
SBD 9.173881
SCR 16.016599
SDG 683.602068
SEK 11.094411
SGD 1.474533
SHP 0.850629
SLE 28.259714
SLL 23891.313258
SOS 651.734866
SRD 42.70578
STD 23581.957684
STN 24.497552
SVC 9.978003
SYP 125.933213
SZL 18.734128
THB 38.028805
TJS 10.554045
TMT 3.987676
TND 3.379962
TOP 2.743248
TRY 53.039861
TTD 7.750225
TWD 36.299026
TZS 2999.100271
UAH 51.186584
UGX 4185.581694
USD 1.139336
UYU 45.775425
UZS 13697.631062
VES 707.246307
VND 29964.540351
VUV 135.81961
WST 3.168359
XAF 655.89145
XAG 0.019435
XAU 0.00028
XCD 3.079113
XCG 2.055195
XDR 0.815718
XOF 655.89145
XPF 119.331742
YER 271.874128
ZAR 19.354809
ZMK 10255.396502
ZMW 20.541947
ZWL 366.865771
  • CMSC

    -0.1160

    21.93

    -0.53%

  • BCC

    1.2600

    81.02

    +1.56%

  • RBGPF

    3.7000

    65

    +5.69%

  • RIO

    -1.3700

    93.74

    -1.46%

  • RYCEF

    0.3900

    18.39

    +2.12%

  • GSK

    0.6100

    52.5

    +1.16%

  • CMSD

    -0.1600

    21.77

    -0.73%

  • BCE

    -0.2800

    22.92

    -1.22%

  • NGG

    -0.4100

    83.01

    -0.49%

  • BTI

    0.2800

    62.76

    +0.45%

  • AZN

    2.7300

    188.41

    +1.45%

  • JRI

    0.2100

    12.79

    +1.64%

  • VOD

    0.0300

    13.89

    +0.22%

  • RELX

    0.4200

    31.34

    +1.34%

  • BP

    -0.5900

    37.13

    -1.59%

Big Tech rolls out the red carpet for Trump
Big Tech rolls out the red carpet for Trump / Photo: Drew ANGERER - AFP

Big Tech rolls out the red carpet for Trump

Tech leaders continue to fall in line around Donald Trump, with Facebook's announcement that it would end its US fact-checking program the latest victory for the president-elect and his billionaire advisor Elon Musk.

Text size:

Facebook parent Meta's move into fact-checking came in the wake of Trump's shock election in 2016, which critics said was enabled by rampant disinformation on Facebook and interference by foreign actors, including Russia, on the platform.

It was long-criticized by conservatives who found themselves ensnared in its anti-disinformation work.

Its paring down comes days before Trump's inauguration, and after several US tech barons have pushed for a comfortable relationship with the incoming president.

Since the November election, a stream of senior moguls have traveled to meet with Trump at his Florida estate, including Zuckerberg as well as Apple CEO Tim Cook and Amazon founder and space tech executive Jeff Bezos.

Amazon and Meta have both announced $1 million donations to Trump's inauguration fund, as reportedly has Apple's Cook, in a personal capacity.

Musk, meanwhile, owner of influential social media platform X and the world's richest person, is one of the president-elect's closest advisors.

It's all a far cry from when the Republican saw himself kicked off of Facebook and Twitter for the risk of inciting violence, following the storming of the US Capitol by supporters hoping to reverse the 2020 election results.

Four years later, tech companies are coming off a Joe Biden administration that shook up much of the sector with antitrust investigations -- with the free speech, deregulatory outlook pushed by those in Trump's orbit holding fresh appeal.

The fact-checking shake-up is "a decision that advances Zuckerberg's business goals: fact-checking is difficult, expensive and controversial," Ethan Zuckerman, a public policy professor who recently sued Meta over its algorithm policies, told AFP.

But for those in the right-wing tech sphere, the decision is a course correction.

"For those of us who have been fighting the free speech wars for years, this feels like a major victory and turning point," investor David Sacks, set to take an artificial intelligence portfolio in Trump's government, said.

He went on to thank the incoming president "for creating this political and cultural realignment."

- 'Probably' a result of threats -

Trump has been a harsh critic of Meta and Zuckerberg for years, accusing the company of bias against him and threatening to retaliate once back in office.

When asked by reporters if he believed the fact-check move was a response to his threats against Zuckerberg, Trump responded: "Probably, yeah."

A rapprochement between Zuckerberg and Trump has been a long time coming: Meta also recently put Trump ally Dana White on its board.

That decision, and the move to slash the fact-checking operations, came after Trump's Federal Communications Commission pick, Brendan Carr, accused Facebook, Google and Apple of "playing central roles" in a "censorship cartel."

Sam Altman, CEO at OpenAI, has meanwhile sent his own signals to the incoming administration, telling conservative broadcaster Fox News in December he was confident Trump would keep the United States a leading player in the artificial intelligence sector.

His response to Musk's influence in the incoming administration -- which has sparked warnings of conflicts of interest -- was also warm.

"It would be profoundly un-American to use political power to hurt your competitors and advantage your own businesses," Altman said, adding "I believe pretty strongly that Elon will do the right thing."

- Musk signals approval -

Brown University political science professor Wendy Schiller is not surprised that social media companies like Meta are walking away from fact-checking because political parties and social media companies thrive when there is division.

He adds, however, that "the saving grace may be that there are still a number of competitive social media outlets so that no single person or company controls all the flow of information, and that includes government."

Facebook will be replacing its fact-checking program with a "community notes" style feature, similar to the one used on Musk's X platform.

Musk quickly signaled his approval, calling the change "cool."

AFP currently works in 26 languages with Facebook's fact-checking program, in which Facebook pays to use fact-checks from around 80 organizations globally on its platform, WhatsApp and Instagram.

T.Furrer--NZN