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Zuckerberg goes full Trump, Musk cuts DOGE expectations, TikTok's day in court: Politics news roundup

Zuckerberg goes full Trump, Musk cuts DOGE expectations, TikTok's day in court: Politics news roundup

Plus, Google and Microsoft join the horde of companies funding Trump's record-breaking inauguration

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Graphic: Images: Spencer Platt, Anna Moneymaker, Chris Unger/Zuffa LLC, Wang Gang/VCG

Mr. Trump is returning to Washington — and tech giants don’t want to miss out.

Google and Microsoft have announced plans to donate $1 million to the committee planning President-elect Donald Trump’s Jan. 20 inauguration, joining fellow tech titans such as Amazon and Apple (AAPL), whose CEO Tim Cook made a personal gift. Meta CEO Mark Zuckerberg, whose company also donated, revealed a slew of pro-Trump changes this week, including copying Elon Musk’s X’s Community Notes system. Musk himself also gave a somewhat sour update on his federal cost-cutting ambitions.

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TikTok is also facing a new offer from a “Shark Tank” star as the company readies itself to fight a U.S. ban on its app before the Supreme Court on Friday.

Catch up on all that news and more — including Trump’s influence over a halted port strike and the current administration’s attempt to throw a wrench in his drilling plans — below.

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Thousands of International Longshoremen’s Association members walked off the job in October after failing to get a new labor contact before the current one expired.
Thousands of International Longshoremen’s Association members walked off the job in October after failing to get a new labor contact before the current one expired.
Photo: Spencer Platt (Getty Images)

A massive strike across the U.S. East and Gulf Coast ports has been averted after a dockworker union and an alliance of companies, terminal operators, and port associations negotiated a new labor contract.

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Elon Musk
Elon Musk
Photo: Anna Moneymaker (Getty Images)

While campaigning for Donald Trump in October, Elon Musk claimed he could slash “at least $2 trillion” in government spending. Now that Musk has started laying the groundwork for his so-called “Department of Government Efficiency,” or DOGE, he’s not as confident.

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Meta Platforms CEO Mark Zuckerberg attends the Ultimate Fighting Championship 298 event in February 2024.
Meta Platforms CEO Mark Zuckerberg attends the Ultimate Fighting Championship 298 event in February 2024.
Photo: Chris Unger/Zuffa LLC (Getty Images)

Mark Zuckerberg’s metamorphosis from liberal tech titan to libertarian Donald Trump ally is gaining steam.

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Photo illustration of the TikTok logo displayed on a phone on top of a circle of U.S. flags.
Photo illustration of the TikTok logo displayed on a phone on top of U.S. flags.
Illustration: Wang Gang/VCG (Getty Images)

The nation’s highest court is preparing to hear the case against banning one of the most popular social media platforms in the U.S. — Britney Nguyen

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Google CEO Sundar Pichai
Google CEO Sundar Pichai
Photo: David Paul Morris/Bloomberg (Getty Images)

Google (GOOGL) and Microsoft (MSFT) are the latest technology giants to officially make a major donation to the group planning President-elect Donald Trump’s inauguration, which is less than two weeks away.

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President Joe Biden
President Joe Biden
Photo: Kevin Dietsch (Getty Images)

President Joe Biden plans to block key areas from offshore oil and gas drilling in an eleventh-hour bid to upend his successor’s plans to massively expand those programs in the name of “drill, baby, drill.”

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Lina Khan, Chair of the Federal Trade Commission (FTC), testifies before the House Appropriations Subcommittee at the Rayburn House Office Building on May 15, 2024 in Washington, DC.
Lina Khan, Chair of the Federal Trade Commission (FTC), testifies before the House Appropriations Subcommittee at the Rayburn House Office Building on May 15, 2024 in Washington, DC.
Image: Kevin Dietsch / Staff (Getty Images)

Outgoing U.S. Federal Trade Commission (FTC) Chair Lina Khan said Tuesday that she hopes her successor in the incoming Trump administration will not cut a “sweetheart” deal with Amazon (AMZN) and Facebook’s parent company Meta (META), as the agency continues its antitrust cases against the tech giants. — Bruce Gil

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President-elect Donald Trump
President-elect Donald Trump
Image: Eva Marie Uzcategui (Getty Images)

President-elect Donald Trump’s team is reportedly looking to cut down on his plan to slap every other country with massive tariffs of up to 20%, which investors have called the “greatest risk” for the U.S. economy.

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A pharmacist holds a box of Novo Nordisk A/S Ozempic brand semaglutide medication arranged at a pharmacy in Provo, Utah, US, on Monday, Nov. 27, 2023
A pharmacist holds a box of Novo Nordisk A/S Ozempic brand semaglutide medication arranged at a pharmacy in Provo, Utah, US, on Monday, Nov. 27, 2023
Image: Bloomberg / Contributor (Getty Images)

Denmark is the latest in a series of countries that President-elect Donald Trump has threatened with tariffs — joining a list that includes the 26 other nations of the European Union, as well as Canada and Mexico. — Bruce Gil

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Meta Platforms CEO Mark Zuckerberg
Meta Platforms CEO Mark Zuckerberg
Photo: David Paul Morris/Bloomberg (Getty Images)

Meta Platforms (META) is replacing its third-party fact-checking program with the community-driven system popularized by Elon Musk’s X, as the company continues to signal a warmer approach to President-elect Donald Trump.

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