Fact-checking reversal lets Zuckerberg drop charade
Financial Express Mumbai|January 09, 2025
MARK ZUCKERBERG'S VIDEO announcement on Tuesday that the company would abandon its fact-checking efforts and loosen moderation marks a stunning reversal of years of promises regarding safety and misinformation.

After promoting GOP-ally Joel Kaplan to head of policy and appointing Donald Trump pal Dana White to Meta's board, this next act to open the floodgates to hate speech means the MAGA storming of Menlo Park is just about complete.

There is a view that Zuckerberg has shamefully abandoned his values in fear of Trump and in the hope that cosying up will be good for business. But it would be wrong to believe Zuckerberg ever truly held those values in the first place — and he's finally found the political cover needed to drop a years-long charade on safety and shed any pretence about being responsible for the accuracy of information that users see.

While it's hard to fathom when exactly America's culture wars began to take hold, it's much easier to pinpoint the moment when Meta — still called Facebook at the time — became one of its central characters. Immediately after the 2016 election, Zuckerberg casually claimed that it was "crazy" to think that "fake news" on the social network had played a role in swaying the election in Trump's favour. He was pilloried in the media.

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Financial Express Mumbai

Trump comeback: Honda to go slow on new EVs

HONDA MOTOR WILL be cautious about starting production of new electric vehicles due to uncertainty about US President-elect Donald Trump's industrial policy, a senior executive of the Japanese automaker said on Tuesday.

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1 min  |
January 09, 2025
Financial Express Mumbai

Flying taxis are on the horizon

Taking Commuting To New Heights

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3 mins  |
January 09, 2025
Bid for 2036 Olympics takes pan-India route
Financial Express Mumbai

Bid for 2036 Olympics takes pan-India route

Bhubaneswar, Bhopal, Pune to join Ahmedabad

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3 mins  |
January 09, 2025
Financial Express Mumbai

Pritish Nandy dies at 73

VETERAN JOURNALIST, POET and filmmaker Pritish Nandy passed away in Mumbai on Wednesday, sources close to him said.

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1 min  |
January 09, 2025
India seeks NRI participation in 'Viksit Bharat'
Financial Express Mumbai

India seeks NRI participation in 'Viksit Bharat'

THE 18TH PRAVASI Bharatiya Divas (PBD) convention kicked off here on Wednesday, with external affairs minister S Jaishankar calling upon NRIs and Persons of Indian Origin to actively participate in the quest for a 'viksit Bharat' (developed India).

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1 min  |
January 09, 2025
Financial Express Mumbai

SC: Examine proposals to develop Sahara land

THE SUPREME COURT on Wednesday asked market regulator Sebi and the amicus curiae to examine two separate proposals of two firms for developing the Sahara Group's land in Mumbai to return investors' money.

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1 min  |
January 09, 2025
Oil pares gains on dollar strength
Financial Express Mumbai

Oil pares gains on dollar strength

OIL PRICES TRIMMED earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of supplies from Russia and other OPEC members and a drop in US crude stocks.

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1 min  |
January 09, 2025
Financial Express Mumbai

Sebi issues guidelines for analysts & advisers

MARKETS REGULATOR SEBI on Wednesday said it has issued guidelines on the regulatory framework for research analysts and investment advisers to bolster investor protection and ensure transparency.

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1 min  |
January 09, 2025
Financial Express Mumbai

'Align AI and business goals for better results'

ENTERPRISES ARE increasingly recognising the value of multicloud architectures and the ability to capitalise on the unique strengths of various cloud platforms to enhance their operational capabilities, says Shailender Kumar, senior vice-president and regional managing director of Oracle India and Netsuite JAPAC. In this interview, he speaks to Sudhir Chowdhary on the emerging trends in cloud computing and how cloud providers are embedding AI capabilities into their services. Excerpts:

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2 mins  |
January 09, 2025
GCCs focus on skills-based hiring for growth
Financial Express Mumbai

GCCs focus on skills-based hiring for growth

GCCs focus on skills-based hiring for growth

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2 mins  |
January 09, 2025