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Jon Keegan
8/27/24

Zuckerberg: Meta was pressured to censor COVID-19 misinformation

Regrets, Mark Zuckerberg has a few.

In a letter to Rep. Jim Jordan, the Republican Chairman of the House Judiciary Committee, Zuckerberg said that Meta was repeatedly pressured by the Biden administration to “censor certain COVID-19 content, including humor and satire,” and that even though his company was free to decide how to handle the requests, he thought the government pressure was wrong, and that he regrets not speaking up about it at the time.

“I feel strongly that we should not compromise our content standards due to pressure from any Administration in either direction - and we’re ready to push back if something like this happens again,” wrote Zuckerberg.

The company has become more cautious about content moderation policies that can be seen as partisan, which is what prompted Jim Jordan’s investigation. It is rare to see Zuckerberg openly criticizing the lame duck Biden administration, but as we race toward an extremely tight election, the company may be making a political calculation.

Zuckerberg also noted that the Chan Zuckerberg Initiative will not be spending $400 million to facilitate local elections like it did in 2020, to avoid the appearance of being partisan.

Zuckerberg wrote, “My goal is to be neutral and not play a role one way or another - or to even appear to be playing a role.”

“I feel strongly that we should not compromise our content standards due to pressure from any Administration in either direction - and we’re ready to push back if something like this happens again,” wrote Zuckerberg.

The company has become more cautious about content moderation policies that can be seen as partisan, which is what prompted Jim Jordan’s investigation. It is rare to see Zuckerberg openly criticizing the lame duck Biden administration, but as we race toward an extremely tight election, the company may be making a political calculation.

Zuckerberg also noted that the Chan Zuckerberg Initiative will not be spending $400 million to facilitate local elections like it did in 2020, to avoid the appearance of being partisan.

Zuckerberg wrote, “My goal is to be neutral and not play a role one way or another - or to even appear to be playing a role.”

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Draft Senate bill gives AI companies a two-year pass on federal regulation, Bloomberg reports

Bloomberg reports that a draft bill from Senator Ted Cruz would give AI companies a two-year pass from any federal regulation when they apply to be part of a White House-controlled “regulatory sandbox.” Such a regulatory framework frees participating companies from federal agency oversight while simultaneously handing President Trump broad powers to shape a still nascent and increasingly powerful industry.

The draft bill allows companies approved for the waiver to request renewals for up to eight years, according to the report.

The fast-moving generative-AI boom that took the tech world by storm was kicked off by the release of OpenAI’s ChatGPT less than three years ago. A potential decade free of federal regulations would be a huge win for companies like Meta, Google, OpenAI, and Amazon.

In July, the US Senate voted 99-1 to kill a planned provision from President Trump’s massive tax bill that would have prevented any state from regulating AI for 10 years.

The fast-moving generative-AI boom that took the tech world by storm was kicked off by the release of OpenAI’s ChatGPT less than three years ago. A potential decade free of federal regulations would be a huge win for companies like Meta, Google, OpenAI, and Amazon.

In July, the US Senate voted 99-1 to kill a planned provision from President Trump’s massive tax bill that would have prevented any state from regulating AI for 10 years.

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Airbus faces a 10-day strike from UK workers, mirroring Boeing’s labor strife

Thousands of UK union Airbus workers plan to strike for 10 days in September amid a contract dispute.

The union workers build wings for Airbus’ commercial jets, threatening a production slowdown for the European plane maker.

As Airbus’ labor tension builds, rival Boeing’s has already boiled over: earlier this month, more than 3,000 Boeing workers who build military aircraft started a strike that remains ongoing. The action came less than a year after the company faced a two-month stoppage from a machinist strike.

Airbus, for now, says it doesn’t see the strikes affecting full-year deliveries.

As Airbus’ labor tension builds, rival Boeing’s has already boiled over: earlier this month, more than 3,000 Boeing workers who build military aircraft started a strike that remains ongoing. The action came less than a year after the company faced a two-month stoppage from a machinist strike.

Airbus, for now, says it doesn’t see the strikes affecting full-year deliveries.

power
Rani Molla
8/20/25

Elon Musk’s political party isn’t happening, as Tesla CEO gives up on the “America Party”

In July, Tesla CEO Elon Musk announced his own political party, the America Party — a move intended to “give you back your freedom.” What it did at the time was invoke the wrath of President Donald Trump and send the stock down.

A month and a half later, The Wall Street Journal is reporting that Musk is “pumping the brakes” on his third party.

According to the Journal, “Musk has told allies that he wants to focus his attention on his companies and is reluctant to alienate powerful Republicans by starting a third party that could siphon off GOP voters.” He also wants to maintain ties with Vice President JD Vance, the presumptive Republican presidential candidate for 2028.

What happened?

For one, earlier this month Tesla’s board approved a roughly $30 billion interim pay package that Musk will only realize if he remains at the company for two years.

The stock isn’t moving on the news so far, but investors and analysts typically see Musk’s focus on his public company as a good thing.

According to the Journal, “Musk has told allies that he wants to focus his attention on his companies and is reluctant to alienate powerful Republicans by starting a third party that could siphon off GOP voters.” He also wants to maintain ties with Vice President JD Vance, the presumptive Republican presidential candidate for 2028.

What happened?

For one, earlier this month Tesla’s board approved a roughly $30 billion interim pay package that Musk will only realize if he remains at the company for two years.

The stock isn’t moving on the news so far, but investors and analysts typically see Musk’s focus on his public company as a good thing.

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