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Meta Suspends Fact-Checking Program In The US

Meta Platforms has announced a major shift in its approach to content moderation in the United States, suspending its fact-checking program. The parent company of Facebook, Instagram, and Threads, which collectively boast over 3 billion users, will relax restrictions on controversial subjects such as immigration, sports, and gender identity. This move comes just as President-elect Donald Trump is poised to take office.

Key Changes

Rather than relying on an official fact-checking program to address questionable claims across its platforms, Meta plans to implement a community-based system similar to the one on Elon Musk’s X (formerly Twitter). This new approach, known as “community notes,” will enable users to provide context and flag misinformation, shifting responsibility from the company to the community. Additionally, Meta will no longer proactively monitor hate speech or other policy violations. Instead, posts will only be reviewed if flagged by users.

Meta will also relocate the teams responsible for content moderation from California, where most of the company’s US operations are based, to Texas and other locations in the country.

A Shift In Policy

This overhaul represents the most significant shift in Meta’s content moderation strategy, signaling a potential shift in its alignment with the incoming presidential administration. CEO Mark Zuckerberg seems to be signaling a return to a more lenient stance on freedom of expression.

In a video statement, Zuckerberg stated, “We’ve reached a point where there’s just too much wrongdoing and too much censorship. It’s time to get back to our roots around freedom of expression.”

A Strategic Move

Meta’s decision follows its recent hiring of conservative figures to its board, including Joel Kaplan, a former Republican Party political strategist, who was appointed head of global affairs. Dana White, the CEO of the UFC and a close ally of Trump, was also named to the board. Zuckerberg has publicly expressed regret over some of Meta’s previous content moderation decisions, especially in relation to COVID-19. Additionally, Meta made a notable donation of $1 million to Trump’s inauguration fund, diverging from its past practices.

A Backlash

The decision to end the fact-checking program, which began in 2016, was met with strong opposition from partner organizations. Angie Drobnick Holan, head of the International Fact-Checking Network, called it “a serious blow to the community,” emphasizing that fact-checkers did not censor posts but provided additional context and debunked false claims and conspiracies.

What’s Next?

Currently, Meta plans to implement these changes exclusively in the US market. It remains unclear whether similar changes will be made in the European Union, which has adopted stricter regulations through the Digital Services Act. This law, which came into force in 2023, mandates large online platforms like Facebook and X to address illegal content and potential public safety risks. X’s “Community Notes” feature is already under scrutiny by the European Commission, which launched an investigation in December 2023.

If Meta or any other company violates EU regulations, they could face fines of up to 6% of their global revenue.

Cyprus Government Fortifies Economic Resilience Amid Global Uncertainty

Government Commitment to Stability and Growth

Cyprus continues to build a strong and resilient economic foundation to support business planning and investment, as emphasized by Deputy Minister to the President Irene Piki. Representing President Nikos Christodoulides at the 12th Keve Business Leader Awards, Piki underscored that in today’s volatile global landscape, a consistent and reliable economy remains the cornerstone for long‐term strategic planning and confidence-building among businesses.

Strengthening Competitive Edge and Attracting Investment

Piki lauded the role of the Cyprus Chamber of Commerce and Industry (Keve) for its dedication to promoting Cyprus as an attractive investment destination and for supporting the expansion of local businesses. Reflecting on President Christodoulides’s recent address at Keve’s annual general assembly, she outlined the government’s vision for a more competitive Cyprus, which includes expanding market access, improving financing channels, and implementing a streamlined, business-friendly regulatory framework—all pivotal as Cyprus prepares for its EU Council presidency.

Economic Indicators Reflecting Confidence

Despite global uncertainties, Piki highlighted that the Cypriot economy continues to demonstrate resilience: gross domestic product grew by 3.4% in 2024, and forecasts indicate nearly 4% growth in 2025. With inflation remaining among the lowest in the European Union and unemployment dropping below 5%, these indicators affirm steady economic progress. Furthermore, positive ratings from international credit agencies, which have placed Cyprus in the A category with upbeat outlooks, underscore the success of prudent economic policies.

Fiscal Discipline and Strategic Investments

The government’s upcoming 2026 budget, which reinforces fiscal stability with a surplus balance and targets a decline in public debt to 50.9% of GDP, opens the door for strategic policy interventions. Piki noted that investments in energy, digital infrastructure, technology, and green growth are key priorities. Enhanced by the nearing completion of Recovery and Resilience Plan projects, Cyprus is now setting the stage for the next seven-year EU funding framework, ensuring a robust platform for sustained growth with active collaboration from the business community.

Regulatory Reforms and Market Liberalization

Central to the government’s agenda is the imminent tax reform, expected to be finalized on December 22 and implemented on January 1, 2026. This reform is designed to bolster business liquidity and attract new investments. The establishment of the National Enterprise Development Organisation further complements these efforts by offering financing tools and advisory services for small and medium-sized enterprises. Complementing these initiatives, the Cyprus Equity Fund is actively investing in innovative companies, while the Ministry of Energy grant schemes are projected to mobilize €360 million by 2027 to boost competitiveness.

Accelerating Digital Transformation and Energy Reforms

In its pursuit of a modernized business environment, the government is set to introduce a Business Service Centre in central Nicosia in 2025, consolidating licensing procedures to significantly reduce bureaucratic delays. In tandem, the impending launch of a competitive electricity market in October 2025 will empower companies to select their energy suppliers, fostering market competition and fair pricing.

Nurturing Human Capital

Recognizing the importance of talent in driving economic progress, the government is intensifying efforts to attract skilled professionals back to Cyprus. The Minds in Cyprus initiative, a collaboration with Keve and Invest Cyprus, seeks to reverse the talent drain by engaging Cypriots abroad through a series of events scheduled in the United States, United Kingdom, and Greece during 2026.

Commitment to Sustainable Growth

Concluding her address, Deputy Minister Piki congratulated the award recipients for their innovation and resilience, asserting that their achievements are a testament to the dynamism of the Cypriot business community. The government remains steadfast in its commitment to implementing reforms that support a stable, competitive, and sustainable economic future for Cyprus.

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