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Meta adds former Trump advisor to its board

1. Meta expands its board, adding Dina Powell McCormick and Patrick Collison. 2. Powell McCormick has ties to Trump's administration, signaling a political alignment. 3. Collison, CEO of Stripe, brings significant business experience to the board. 4. Zuckerberg's recent White House visit highlights proactive engagement with U.S. leadership. 5. These changes come amid Meta's shift away from fact-checking and political scrutiny.

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FAQ

Why Bullish?

The board appointments may enhance investor confidence, similar to prior strategic hires boosting stock performance.

How important is it?

Leadership changes directly impact company strategy, aligning Meta with influential political figures.

Why Short Term?

Immediate investor sentiment could shift positively, but long-term effects depend on performance outcomes.

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