Facebook has no kind of deal with Trump
Mark Zuckerberg, Facebook CEO has said that he doesn't have any kind of deal with the US President, Donald Trump.
This is coming after the social media company refused to imitate Twitter by fact checking and censoring the president's social media posts.
Zuckerberg made the comments in response to mounting concern over his relationship with the President, which has remained cordial despite worries about the president’s use of social media.
Trump hosted Zuckerberg to a secret dinner at the White House in 2019, just a week after the CEO made a speech confirming that Facebook would not fact-check political ads.
The stance of the company has resulted in employee walkouts and advertiser boycotts.
“I’ve heard this speculation, too, so let me be clear: There’s no deal of any kind,” said Mark Zuckerberg on Monday while reacting to rumours of him partnering with Trump.
"Actually, the whole idea of a deal is pretty ridiculous.” he added
Last month, a venture capitalist, Roger McNamee, who was an early investor in Facebook, told The New York Times that he believed the two billionaires had a deal or agreement.
McNamee said that the arrangement was “probably implied rather than explicit” and “highly utilitarian,” but mutually beneficent all the same.
“It’s basically about getting [Facebook] free rein and protection from regulation,” said McNamee.
“Trump needs Facebook’s thumb on the scale to win this election.”