In letters to Amazon, Apple, Google, Meta, Microsoft, OpenAI, and Uber, the lawmakers express concerns about the companies making contributions to “avoid scrutiny, limit regulation, and buy favor.” These sizable donations surpass the amount most of these companies contributed to President Joe Biden’s inauguration fund in 2021.
"Social media has given up on fact-checking,” the president said at his farewell address. “The truth is smothered by lies told for power and for profit."
Some U.S. lawmakers are advocating for an extension on the deadline for TikTok's Beijing parent company to sell U.S. assets before a ban takes effect.
Apple CEO Tim Cook, who built rapport with Trump during his first four years in office, is donating $1 million to his inauguration, Axios reported this past Friday.
Amidst TikTok's uncertain fate in the U.S., President-elect Donald Trump seeks to prevent a ban on the social media app by utilizing legal loopholes and national security authority. Meanwhile, outgoing President Joe Biden considers extending the deadline for ByteDance to negotiate a sale,
President Biden is warning that an "oligarchy" of the "ultra-wealthy" is taking shape in America as big tech CEOS have been warming up to President-elect Trump.
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The company said late Friday that it will go dark in the United States on Sunday unless President Joe Biden's administration provides assurances to companies like Apple and Google that they will not face enforcement actions when a ban takes effect.
Zuckerberg said the Biden team wanted Meta to remove posts that correctly stated that the vaccines could induce side effects.
Popular video sharing app TikTok is facing a potential ban in the US if Biden administration does not give assurances to Google and Apple.