Trump account suspension lawsuit will be settled by $25 million from Meta
US President Donald Trump has reached a $25-million (over 182 crore) settlement over the lawsuit he filed against Facebook and Chairman Mark Zuckerberg for “impermissible censorship”. Trump had claimed that Facebook suspended his account after it was requested by the government to do so. He also alleged that Meta, a fact-checking website, was acting at the government’s request when it suspended his accounts.
He told friends he was sleeping at the DOGE offices
US President Donald Trump’s administration sent an email to federal employees calling them “a fork in the road” in order to reduce the government workforce. “The federal workforce should be comprised of employees who are reliable, loyal, trustworthy, and who strive for excellence in their daily work,” the email read. Earlier, Twitter CEO Elon Musk had urged government employees to be “extremely hardcore”.
It’s likely to be taken to court by the fossil fuel firms
On the first day of his administration, US President Donald Trump on Monday signed an executive order which directs federal agencies to ensure “a sufficient amount of energy supplies” is available. The order also directed officials to work towards “eliminating all fossil fuel and coal-fired power plants within the next five years”. This comes amid rising demand for electricity, according to reports.
TikTok isn’t available in the US from the app stores
The US President-elect Donald Trump’s transition team has said it will not enforce a law barring the TikTok app from being available in American apps. “It’s certainly in the interest of these companies to to curry favour with the new administration and I guess it’s conceivable…that even $850 billion of liability exposure and even voluntarily violating…law might be worth it to some companies,” The Information reported.
Scott Bessent is Trump’s pick for Treasury Secretary
Donald Trump’s nominee for Transportation Secretary, Sean Duffy, said he’d focus on safety on the roads and skies and reduce red tape that slows critical infrastructure projects. “Our efforts show that we’re able to work together and accomplish important things,” Duffy added. US Senator Tammy Baldwin has introduced Duffy to the Senate Finance Committee for his confirmation hearing.
Is thisBitcoin’s golden moment?
US President Donald Trump has promised that his administration will start a “strategic national stockpile” of Bitcoin. He added that the government would be using Bitcoin’s gains to pay down the country’s debt. Trump made the announcement at an event with cryptocurrency investors in Washington, DC, on Saturday. Bitcoin has surged over 1,200% so far this year.
Global markets are affected by Trump’s tariffs
US President-elect Donald Trump has called for 25% tariffs on Chinese and Canadian goods to “protect American jobs and manufacturing”. He added that he’d be levying the tariffs “to further his ‘America-first’ agenda”. In 2020, Trump had said he wants to use tariffs to further his America-first agenda and hasn’t named his pick as US Trade Representative yet.
The beginning of the COP29 is marked by Climate Finance, Absent Leaders and Trump Looming Large
US President-elect Donald Trump will not “wait six months” to withdraw the country from the Paris agreement on climate change, a climate change think tank said. “With Trump’s victory, I think people will be looking to see other countries, other leaders pick up the slack,” said Alden Meyer, senior associate at climate change think tank E3G.
Donald Trump is not the only chaotic agent
Following US President-elect Donald Trump’s victory in the presidential election, Google CEO Sundar Pichai took to Twitter and wrote, “Thank you for your confidence in us.” “We look forward to working with you to make this a better country,” Microsoft CEO Satya Nadella wrote. Amazon CEO Andy Jassy also wrote, “We’re looking forward to working together with you in your new administration.”
Is the man a national security risk?
Tesla and SpaceX CEO Elon Musk tweeted about the alleged assassination attempt of former US President Donald Trump, calling it “racially hateful”. “There are two different kinds of people – those who don’t want to be in power…those who have a hatred for people of colour,” he added. Earlier, Trump had said the assassination attempt was “a much better result” than in June.