Parade goers hold Pride flags during the annual Pride Parade in San Francisco on Sunday, June 29, 2024.
Minh Connors | San Francisco Chronicle | Hearst Newspapers | Getty Images
Meta CEO Mark Zuckerberg is staying mum these days when it comes to the LGBTQ+ community. It wasn’t always that way.
San Francisco Pride Executive Director Suzanne Ford told CNBC she remembers when Zuckerberg personally called the nonprofit to ensure that the company then known as Facebook had a spot at the annual event. As the world’s largest LGBTQ+ parade, the SF Pride event has become a symbol representing advocacy and social justice for members of the community.
In 2015, SF Pride was prohibiting Facebook from marching at the event because of the company’s policies that required people to use their legal names on the social network, Ford said. Members of the LGBTQ+ community were worried that bad actors were exploiting the company’s account policy by reporting transgender Facebook users and others who no longer identify by their legal names.
After Facebook updated the policy, Zuckerberg called SF Pride’s then-executive director George Ridgelyto ask him that Facebook be included in the parade, Ford said.
The relationship between SF Pride and Meta has since splintered.
SF Pride formally cut ties with Meta in March after the company enacted a number of new policies, including a scaling back of internal programs designed to increase hiring of diverse candidates, which CNBC reported in January.
Meta also eased content-moderation guidelines as part of its policy changes, which multiple current and former employees told CNBC could instigate more online abuse toward marginalized communities, including members of the LGBTQ+ community. Zuckerberg has also made an effort to curry favor with President Donald Trump, who signed an executive order in January calling for investigations into companies that support diversity, equity and inclusion, or DEI, initiatives.
Since the organization’s decision to end its relationship with Meta, Ford said that she hasn’t heard from Zuckerberg or anybody that SF Pride used to have a relationship with at the company.
Meta will not be taking part in this year’s SF Pride festival, set to take place this weekend at San Francisco’s Civic Center. The annual parade will be held on Sunday, according to the event’s website. The theme for 2025 is “Queer Joy is Resistance.”
“Why was it so important for Mark back then, and why is it so important for Mark now not to be associated with San Francisco Pride?” Ford said.
Meta declined to comment.
FILE PHOTO: Facebook CEO Mark Zuckerberg marched with 700 Facebook employees In San Francisco’s Gay Pride Parade on June 30, 2013.
Kobby Dagan | VWPics |AP
Meta isn’t the only company distancing itself from SF Pride. Other major companies like Anheuser-Busch, Comcast, Diageo and Nissan are also no longer sponsoring SF Pride after years of support, CNBC previously reported.
Given that SF Pride shares a geographic center with Meta and so much of the tech industry, the lack of support for the LGBTQ+ community after years of public trumpeting cuts especially deep, Ford said. Google-parent Alphabet has also stopped sponsoring SF Pride this year, she said.
San Francisco represents both the “home of innovation” for the tech industry and the “home and the birthplace of the LGBTQ community in the United States,” said Ford, adding that it’s no mistake why so much innovation comes from the region.
“Creative and wonderful people want to come to San Francisco — it’s not the drinking water — but they come here because you can be yourself here,” she said. “You can love who you love, you can be who you are and you don’t have to march to any certain drumbeat.”
Tech companies represent a little over 15% of SF Pride’s overall sponsorship funding for the event. The organization’s budget is down $180,000 from their target because of a drop of overall corporate sponsors, a spokesperson told CNBC on Wednesday.
There are still large tech sponsorships from the likes of Apple, Amazon and Salesforce, but otherwise, there’s a palpable silence from the tech industry this year about supporting LGBTQ+ causes, Ford said.
For instance, Ford said that in previous years, her time was often spent speaking to tech companies’ employee resource groups in the lead-up to SF Pride, but she has yet to receive any invitation of that kind this year.
Ford said she also hopes that OpenAI CEO Sam Altman, who married his partner Oliver Mulherin in 2024, will be more vocal about supporting the LGBTQ+ community and SF Pride. Ford said she briefly met Altman a few months ago to discuss SF Pride, but she has not heard from him since.
“One would think that OpenAI here in San Francisco, that they would think that they should be supporting the fabric of the community,” said Ford, adding that the lack of support from OpenAI and Altman is “painful because Sam is a member of our community, and he certainly has resources.”
OpenAI declined to comment.
A parade float during the annual Pride Parade in San Francisco on Sunday, June 29, 2024.
Minh Connors | San Francisco Chronicle | Hearst Newspapers | Getty Images
Prominent tech companies like Meta, Amazon and Uber have posted rainbow-coated messages on their websites and social media accounts in years past to show support for Pride Month, which is observed in June, but this year, tech companies’ online presence are noticeably less colorful.
The threat of a lawsuit coupled with the possibility of a public tongue-lashing by Trump, other politicians and social media has caused many tech leaders and corporate executives to stay quiet on LGBTQ+ issues, said Amy Dufrane, CEO of human resource certification organization HRCI.
“Anything that touches the space of DEI, we’re seeing companies pull back from that out of fear,” she said.
Executives who support LGBTQ+ and related DEI issues are doing so under the radar to avoid drawing attention, Dufrane said. For example, a spokesperson for SF Pridesaid that two tech companies have recently donated to the organization but want to remain anonymous. Ford declined to name the tech companies.
“Sometimes people in our community assume there’s no good, there’s no one at these corporations that cares about us,” Ford said. “Sometimes they do, and they don’t want the consequences of caring about us.”
Ford said that the door is still open for Zuckerberg to contact SF Pride, but ultimately, it would be up to the nonprofit’s board to decide the next steps. Ford said that Zuckerberg would likely have to make a “commitment to some things that I don’t think that he would be willing to do.”
“We have got to leave space for people to change, we got to leave space like if at Meta there’s a leadership change or they come to the realization that this is just bad, the track they’re going down is wrong,” Ford said. “I want to leave space for them to come and have a discussion with us and to show us that they are in line with our values.”
Disclosure: Comcast owns NBCUniversal, the parent company of CNBC.
Huawei launched its second generation trifold phone called the Mate XTs on September 4, 2025.
Huawei
Huawei on Thursday launched the second generation of its trifold smartphone, as the Chinese tech giant looks to cement its comeback in its home market and dip its toe back overseas.
The Shenzhen-headquartered tech firm took the wraps off of the Huawei Mate XTs, whichstarts at 17,999 Chinese yuan ($2,520) and goes up to 21,999 yuan for the model with the largest memory.
Foldable smartphones typically have one hinge that allows a user to fold the device in half. Huawei’s Mate XTs is dubbed a trifold — meaning it has two hinges that allow it to be folded at two points. The phone turns into a tablet-like device when opened up.
Huawei pioneered the concept last year when it launched the Mate XT, which was the first device of its kind. The product initially debuted in China, before hitting select overseas markets earlier this year.
The company will be hoping the Mate XTs will help it sustain the momentum it has rekindled in the Chinese smartphone market since late 2023.
Huawei’s market share in China jumped to 18% in the second quarter versus 15% in the same period last year, and the company is now the biggest smartphone vendor in China, Counterpoint Research data showed. In the Chinese foldable phone category, Huawei dominates with a 75% share of the market, according to the International Data Corporation (IDC).
Huawei sold 470,000 units of the Mate XT device since launch to the end of the second quarter of this year, generating over $1.3 billion of revenue, IDC added.
“The performance is quite strong considering it’s one of the most expensive smartphones available and this shows there is a demand for something innovative,” Francisco Jeronimo, a vice president covering devices at IDC, told CNBC.
Huawei’s Mate XTs will run HarmonyOS 5.1, the latest version of the company’s own operating system.
The company is positioning the handset as a productivity-focused device and will bring PC-grade apps that are optimized for the smartphone’s trifold screen.
Just as with a PC, users can stack, resize and move different windows around on the phone’s large screen.
The phone will come in four colors and pack a so-called 5600 milliampere-hour (mAh) battery, which is comparatively large relative to current devices on the market.
To entice buyers, Huawei is offering at least 50% off screen replacements, as well as two free appointments to service the phone at home or at a preferred location.
U.S. President Donald Trump and first lady Melania Trump walk to the Rose Garden of the White House to hold a signing ceremony for the Take it Down Act, in Washington, D.C., U.S., May 19, 2025.
Kevin Lamarque | Reuters
U.S. President Trump will host two dozen high-profile tech and business leaders for an inaugural event in the White House’s renovated Rose Garden on Thursday.
Invitees include Meta founder Mark Zuckerberg, Apple CEO Tim Cook, Microsoft founder Bill Gates and OpenAI founder Sam Altman, according to a list confirmed by a White House official.
The meeting is expected to be held over dinner after a separate White House event on artificial intelligence hosted by first lady Melania Trump.
The gathering underscores what has been a close but complicated relationship between Trump and the Big Tech sector in his second administration.
Many of the aforementioned executives have sought friendlier ties with Trump, often appearing at events alongside the president to announce moves that align with the administration’s goals on emerging technologies and American reshoring.
Invitees to the event also include other tech leaders, such as OpenAI president Greg Brockman; Google co-founder Sergey Brin; Palantir chief technology officer Shyam Sankar; and co-founder of Scale AI and head of a superintelligence team at Meta, Alexandr Wang.
CEOs such as Google’s Sundar Pichai, Microsoft’s Satya Nadella, Oracle‘s Safra Catz, and Micron Technology‘s David Limp have also been invited.
Unsurprisingly, David Sacks, a venture capitalist serving as the White House’s crypto and AI czar, is expected to be at the event. Jared Isaacman, founder of Shift4, is also expected to attend despite Trump withdrawing his nomination to run NASA in June.
Notably, Tesla CEO and SpaceX founder Elon Musk, who previously served as a special government employee in the first few months of the latest Trump administration and later had a public falling out with the president, was not on the invitation list.
The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024.
Dado Ruvic | Reuters
Shares of the enterprise artificial intelligence company C3 AI fell 14% in extended trading on Wednesday after it announced fiscal first-quarter results and the appointment of Stephen Ehikian as its new CEO.
C3 AI reported $70.3 million in revenue for the quarter, down from $87.2 million during the same period last year. The company’s GAAP net loss widened to an 86-cent loss from a 50-cent loss a year ago.
Ehikian is a long-time tech executive who built two companies that were both acquired by Salesforce, C3 AI said. C3 AI said Ehikian assumed the new role on Sept. 1.
C3 AI kicked off a search for a new chief executive in July after its former CEO, Thomas Siebel revealed that he was diagnosed with an autoimmune disease earlier this year that resulted in “significant visual impairment.”
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“C3 AI is one of the most important companies in the AI landscape and enterprise software, with a platform and applications that are unmatched,” Ehikian said. “I am confident that we will be able to capture an increasing share of the immense market opportunity in Enterprise AI.”
The company has had a rocky few months since Siebel’s diagnosis.
Shares plunged in August after C3 AI announced disappointing preliminary financial results and a restructuring of its global sales and services organization.
Siebel said in an August statement that sales results during the quarter were “completely unacceptable.” He attributed the performance to the “disruptive effect” of the reorganization, as well as his ongoing health issues.