Author: Jaxon Bennett

Mark Zuckerberg’s unexpected ‘free speech’ overhaul of Meta’s content moderation has sparked concerns among advertisers that it will lead to a surge of harmful content and misinformation across the social media platform. Multiple advertising bosses told the Financial Times that Meta’s move to end its fact-checking programme and weaken hate speech policies could cost the platform, where marketing represents the majority of its $135bn in annual sales, if brands fear their adverts might run next to toxic content. “Some brands will already be assessing their plans carefully and it’s no doubt going to become a commercial conundrum for both sides,” said…

Stay informed with free updatesSimply sign up to the US equities myFT Digest — delivered directly to your inbox.Wall Street stocks rallied on Friday to close out the first week of 2025 on an upbeat note amid fresh signs of manufacturing stability that brought a halt to several days of losses.The S&P 500 ended the day 1.3 per cent higher, posting its biggest rise since November 6 — the day after Donald Trump’s US election victory. The benchmark index’s gains on Friday also brought an end to five consecutive days of losses — the longest such streak since April. The…

Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldNick Clegg, the president of global affairs at Meta, is leaving the social media platform and will be replaced by Joel Kaplan, a prominent Republican known for overseeing the company’s relationships with conservatives.In a post on Meta’s Facebook on Thursday, Clegg, a former leader of the Liberal Democrats and deputy prime minister in the UK, said he was departing the company after seven years. He added he would spend “a few months handing over the reins” and representing the social…