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Priscilla Chan, left, Meta CEO Mark Zuckerberg, and Lauren Sanchez are among guests attending Donald Trump’s inauguration as the 47th U.S. president in the Capitol Rotunda in Washington, D.C., Jan. 20, 2025.

Saul Loeb | Afp | Getty Images

Mark Zuckerberg kicked off 2025 with an Instagram video that outlined his vision for what he called restoring “free expression” to Meta‘s platforms and for working with President Donald Trump to push back on governments Zuckerberg said have gone after American companies and stifled innovation. 

What Zuckerberg didn’t say in his five-minute monologue was that Meta would use its own internal moderators to censor employee criticism of his plan. He also didn’t say that by cozying up to the new president, his company might be able to shift Trump’s ire in the direction of Meta’s loathed rival Apple.

For Meta’s staff of almost 75,000 people, the singular power of its 40-year-old founder and CEO is more evident than ever in the company’s rightward shift since Trump’s election victory in November and inauguration in January.

On Feb. 6, Zuckerberg visited the White House in order “to discuss how Meta can help the administration defend and advance American tech leadership abroad,” Meta spokesperson Andy Stone said in a post on X.

Based on interviews with over a dozen current and former employees who asked not to be named in order to speak candidly on what they see happening inside the company, there’s a profound sense of uncertainty as to how Meta’s culture will change in the coming years of Trump’s second presidency.

At headquarters in Silicon Valley, tensions are palpable as Meta goes through its latest round of job cuts. In January, the company announced plans to lay off its lowest performers, or 5% of its overall workforce, and began the cuts this week.

Meta has been trying to thwart pushback from employees by censoring criticism within its Workplace in-house social network, people familiar with the matter said. Employees who left comments that management viewed as negative on Workplace were told that their statements would be used in performance reviews, potentially affecting their employment, they said. 

Sources also told CNBC that employees who might otherwise leave because of their disillusionment with policy changes are concerned about quitting now because of how they will be perceived by future employers given that Meta has said publicly that it’s weeding out “low performers.”

Chart Master: Meta vs. the rest of the Magnificent 7

Meta, like many of its tech peers, began downsizing in 2022 and has continued to trim around the edges. The company cut 21,000 jobs, or nearly a quarter of its workforce, in 2022 and 2023. Among those who lost their jobs were members of the civic integrity group, which was known to be outspoken in its criticism of Zuckerberg’s leadership. 

Some big changes are now taking place that appear to directly follow the lead of Trump at the expense of company employees and users of the platforms, the people familiar with the matter said.

Most notably, Meta recently ended its diversity, equity and inclusion program and relaxed content-moderation guidelines, both areas that Trump has attacked in his war on “woke policies.”

When Meta filed its annual report with the Securities and Exchange Commission in late January, the document noted its drastic shifts, listing them in the section about business risks.

“In January 2025, we announced certain changes to our content policies and enforcement efforts to further free expression on our platform and mitigate over-enforcement of certain of our content policies,” Meta said. “If we are not able to maintain and enhance our brands, our ability to maintain or expand our base of users, marketers, and developers may be impaired, and our business and financial results may be harmed.”

Meta declined to comment.

Taking aim at Apple

Zuckerberg is willing to take on such risks because of the potential benefits that come with smoothing his relationship with Trump, the people familiar with the matter said. In contrast to Meta’s previous strategy of advocating for an even playing field across the tech industry, Zuckerberg now sees opportunities to gain a strategic advantage for his company, the people said.

One major concern for Zuckerberg is Elon Musk’s central position in the Trump administration, where he’s focused on slashing regulations. Meta competes with Musk’s X and is also investing heavily in artificial intelligence, an area of particular interest to Musk and his startup xAI. Musk’s role in the White House could put Meta at a disadvantage when it comes to policies surrounding AI.

But more than AI and Musk, Zuckerberg is looking for a leg up on Apple, the people said.

Apple CEO Tim Cook, center left, attends Apple’s iPhone 16 launch in New York City, Sept. 20, 2024.

Timothy A. Clary | Afp | Getty Images

Zuckerberg hopes that Meta’s improved relationship with the White House could help put pressure on the iPhone maker, after a yearslong battle between the two tech heavyweights. Both companies were targets of antitrust suits from the U.S. government.

The Meta founder is still upset about Apple’s 2021 iOS privacy update, which made it harder for Meta to track users across the internet and which put a $10 billion dent in the company’s 2022 advertising revenue. Internally, this period has come to be known among some Meta employees as “the Tim Cook recession.” 

Many app developers, including Spotify and Epic Games, have battled Apple either in public or in court over the company’s app store rules and control over its ecosystem. Zuckerberg has been one of the loudest critics of Apple in the past, but he has become even more antagonistic toward the company in recent public interviews. Sources told CNBC that it’s all part of an effort to shift antitrust scrutiny off Meta and onto Apple.

In a January interview with podcast host Joe Rogan, Zuckerberg claimed that Apple is becoming less innovative and that it’s putting resources toward preventing third parties from creating hardware peripherals that integrate smoothly into Apple’s mobile operating system.

“They build stuff like Air Pods, which are cool, but they’ve just thoroughly hamstrung the ability for anyone else to build something that can connect to the iPhone in the same way,” Zuckerberg said.

Meta’s business has recovered from its downdraft that followed the iOS changes, due mostly to the company’s investments in AI and the new capabilities they’ve provided to advertisers. In January, the company reported $160.6 billion in advertising revenue for 2024, up nearly 40% from 2021. The company’s shares have been on a huge upswing since a brutal 2022, quadrupling over the past two years and closing at a record $728.56 on Thursday.

Zuckerberg told Rogan that Meta’s profit would double if Apple stopped applying “random rules” that tax his company. 

Meta’s actions against Apple aren’t limited to the U.S. In one of the company’s first steps this year to apply more policy pressure on Apple, Meta filed a complaint against the iPhone maker in late January with Brazil’s competition regulator, the Administrative Council for Economic Defense.

In the complaint, Meta alleged that Apple’s iOS update unfairly singles out third-party apps but not its own. Meta has been considering an antitrust complaint against Apple in Brazil since last year, a source familiar with the matter said.

Apple and X did not respond to requests for comment.

Facebook CEO Mark Zuckerberg, right, and Joel Kaplan, the company’s vice president of global public policy, leave the Elysee Palace in Paris after a meeting with French President Emmanuel Macron, May 23, 2018.

Aurelien Morissard | IP3 | Getty Images News | Getty Images

Not afraid to ruffle some feathers

Leading Meta’s new policy charge is Joel Kaplan, a former White House deputy chief of staff under former President George W. Bush with longstanding ties to the Republican Party. 

Kaplan took over Meta’s top policy position from Nick Clegg, a former U.K. deputy prime minister, who said in January that he would step down after seven years at the company.

Other notable Republicans at Meta include Vice President of Global Public Policy Kevin Martin, a former Federal Communications Commission chairman under President George W. Bush, and Chief Legal Officer Jennifer Newstead, whom Trump previously appointed as a legal advisor at the State Department.

Kaplan’s ascendency at Meta coupled with the company’s policy changes has solidified a political shift to the right, multiple sources said.

Since joining Meta in 2011 as a policy vice president, Kaplan has built a reputation as an executive who takes calculated risks even if it means upsetting some people internally, the people said.

In 2018, Kaplan made headlines for attending Brett Kavanaugh’s highly contentious Supreme Court confirmation hearing as a personal friend. His appearance caused so much controversy that Meta was forced to address the matter in a statement, saying the “leadership team recognizes that they’ve made mistakes handling the events of the last week and we’re grateful for all the feedback from our employees.”

What may have been a problem for Kaplan at the time is now viewed as a strength. That’s because the executive is seen as an ally to the Republicans in charge, the people said.

Clegg, by contrast, represented a more center-left position, they said. He was vocal in his support of banning Trump from Facebook’s platform after the Jan. 6 Capitol riot, while Kaplan was noticeably more reluctant about such a move, a person familiar with the matter said. Kaplan has also favored less strict content moderation policies, the person said.

Meta in January agreed to pay $25 million as part of a settlement with Trump over the company’s decision to suspend his accounts following the Capitol riot. In January 2023, Meta said it was reinstating Trump on its platform after the two-year suspension.

The company’s efforts to win favor with Trump seem to be working, at least based on what the president has publicly said.

After Kaplan announced Meta’s major content-moderation and related policy shifts in early January on “Fox and Friends,” Trump appeared to be impressed.

“Honestly, I think they’ve come a long way. Meta, Facebook, I think they’ve come a long way,” Trump told reporters during a Jan. 7 press conference. About Kaplan, Trump said, “The man was very impressive.”

 CNBC’s Salvador Rodriguez contributed to this report.

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Amazon faces FAA probe after delivery drone snaps internet cable in Texas

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Amazon faces FAA probe after delivery drone snaps internet cable in Texas

Amazon’s new MK30 Prime Air drone is displayed during Amazon’s “Delivering the Future” event at the company’s BFI1 Fulfillment Center, Robotics Research and Development Hub in Sumner, Washington on Oct. 18, 2023.

Jason Redmond | AFP | Getty Images

Amazon is facing a federal probe after one of its delivery drones downed an internet cable in central Texas last week.

The probe comes as Amazon vies to expand drone deliveries to more pockets of the U.S., more than a decade after it first conceived the aerial distribution program, and faces stiffer competition from Walmart, which has also begun drone deliveries.

The incident occurred on Nov. 18 around 12:45 p.m. Central in Waco, Texas. After dropping off a package, one of Amazon’s MK30 drones was ascending out of a customer’s yard when one of its six propellers got tangled in a nearby internet cable, according to a video of the incident viewed and verified by CNBC.

The video shows the Amazon drone shearing the wire line. The drone’s motor then appeared to shut off and the aircraft landed itself, with its propellers windmilling slightly on the way down, the video shows. The drone appeared to remain in tact beyond some damage to one of its propellers.

The Federal Aviation Administration is investigating the incident, a spokesperson confirmed. The National Transportation Safety Board said the agency is aware of the incident but has not opened a probe into the matter.

Amazon confirmed the incident to CNBC, saying that after clipping the internet cable, the drone performed a “safe contingent landing,” referring to the process that allows its drones to land safely in unexpected conditions.

“There were no injuries or widespread internet service outages. We’ve paid for the cable line’s repair for the customer and have apologized for the inconvenience this caused them,” an Amazon spokesperson told CNBC, noting that the drone had completed its package delivery.

Amazon delivery drone snaps internet cable in Texas

The incident comes after federal investigators last month opened a separate probe into a crash involving two of Amazon’s Prime Air drones in Arizona. The two aircrafts collided with a construction crane in Tolleson, a city west of Phoenix, prompting Amazon to temporarily halt drone deliveries in the area.

For over a decade, Amazon has been working to realize founder Jeff Bezos’ vision of drones whizzing toothpaste, books and other goods to customers’ doorsteps in 30 minutes or less. The company began drone deliveries in 2022 in College Station, Texas, and Lockeford, California.

But progress has been slowed by a mix of regulatory hurdles, missed deadlines and layoffs in 2023 that coincided with broader cost-cutting efforts by Amazon CEO Andy Jassy.

The company has previously said its goal is to deliver 500 million packages by drone per year by the end of the decade.

The hexacopter-shaped MK30, the latest generation of Amazon’s Prime Air drone, is meant to be quieter, smaller and lighter than previous versions.

Amazon says the drones are equipped with a sense-and-avoid system that enables them to “detect and stay away from obstacles in the air and on the ground.” The company recommends that customers maintain “about 10 feet of open space” on their property so drones can complete deliveries

The company began drone deliveries in Waco earlier this month for customers within a certain radius of its same-day delivery site who order eligible items weighing 5 pounds or less. The drone deliveries are supposed to drop packages off in under an hour.

Amazon has brought other locations online in recent months, including Kansas City, Missouri, Pontiac, Michigan, San Antonio, Texas, and Ruskin, Florida. Amazon has also announced plans to expand drone deliveries to Richardson, Texas.

Walmart began offering drone deliveries in 2021, and currently partners with Alphabet’s Wing and venture-backed startup Zipline to make drone deliveries in a number of states, including in Texas.

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CNBC Daily Open: Nvidia’s crown looks increasingly uneasy on its head

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CNBC Daily Open: Nvidia's crown looks increasingly uneasy on its head

Jensen Huang, chief executive officer of Nvidia Corp., during the Taiwan Semiconductor Manufacturing Co. (TSMC) sports day event in Hsinchu, Taiwan, on Saturday, Nov. 8, 2025.

Lam Yik Fei | Bloomberg | Getty Images

Uneasy lies the head that wears the crown.

Shares of artificial intelligence czar Nvidia fell 2.6% on Tuesday as signs of unrest continued rippling through its kingdom.

Over the month, Nvidia has been contending with concerns over lofty valuations and an argument from the “The Big Short” investor Michael Burry that companies may be overestimating the lifespan of Nvidia’s chips. That accounting choice inflates profits, he alleged.

The pressure intensified last week in the form of a potential challenger to the crown. Google on Nov. 18 announced the release of its new AI model Gemini 3 — so far so good, given that Nvidia isn’t in the business of designing large language models  — powered by its in-house AI chips — uhoh.

And on Monday stateside, Meta, a potential kingmaker, appeared to signal that it is considering not just leasing Google’s custom AI chips, but also using them for its own data centers. It seemed like Nvidia felt the need to address some of those rumblings.

The chipmaker said on the social media platform X that its technology is more powerful and versatile than other types of AI chips, including the so-called ASIC chips, such as Google’s TPUs. Separately, Nvidia issued a private memo to Wall Street that disputed Burry’s allegations.

Power, whether in politics or semiconductors, requires a delicate balance.

Remaining silent may shroud those in power in a cloak of untouchability, projecting confidence in their authority — but also aloofness. Deigning to address unrest can soothe uncertainty, but also, paradoxically, signal insecurity.

For now, the crown is Nvidia’s to wear — and the weight of it is, too.

What you need to know today

And finally…

Lights on in skyscrapers and commercial buildings on the skyline of the City of London, UK, on Tuesday, Nov. 18, 2025. U.K. business chiefs urged Chancellor of the Exchequer Rachel Reeves to ease energy costs and avoid raising the tax burden on corporate Britain as she prepares this year’s budget.

Bloomberg | Bloomberg | Getty Images

The UK’s Autumn Budget is coming

The run-up to this year’s U.K. Autumn Budget has been different from the norm because so many different tax proposals have been floated, flagged, leaked and retracted in the weeks and months leading up to Wednesday’s statement.

It has also made it harder to gauge what we’re actually going to get when Finance Minister Rachel Reeves finally unveils her spending and taxation plans for the year ahead.

— Holly Ellyatt

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Workday stock slips on light quarterly margin guidance

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Workday stock slips on light quarterly margin guidance

Workday CEO Carl Eschenbach, right, walks to the morning session during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 11, 2025.

David Paul Morris | Bloomberg | Getty Images

Workday shares slid more than 5% in extended trading Tuesday after the finance and human resources software maker issued quarterly margin guidance that came in below Wall Street projections.

Here’s how the company did in comparison with LSEG consensus:

  • Earnings per share: $2.32 adjusted vs. $2.18 expected
  • Revenue: $2.43 billion vs. $2.42 billion expected

The company forecast a fourth-quarter adjusted operating margin of at least 28.5% and $2.355 billion in subscription revenue, according to a statement. The StreetAccount consensus was a 28.7% margin and $2.35 billion in subscription revenue.

Workday’s revenue grew about 13% year over year in the quarter, which ended on Oct. 31. Net income of $252 million, or 94 cents per share, was up from $193 million, or 72 cents per share, in the same quarter a year ago.

Subscription revenue in the third quarter totaled $2.24 billion, with an adjusted operating margin of 28.5%. Analysts polled by StreetAccount had anticipated $2.24 billion in subscription revenue and a 28.1% margin.

During the fiscal third quarter, Workday announced artificial intelligence agents for analyzing employee performance testing financial health, and the company revealed plans to buy AI and learning software startup Sana for $1.1 billion. Also, activist investor Elliott Management said it had built a Workday stake worth over $2 billion.

Workday has seen its stock decline this year as pundits discuss the risk of generative AI tools threatening the growth prospects for cloud software incumbents. Company shares have fallen 9% so far in 2025, while the Nasdaq Composite index has gained 19%.

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