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Meta names Dina Powell McCormick president |
The parent company of Facebook and Instagram announced Monday that it has tapped former Trump adviser Dina Powell McCormick to serve as president and vice chair. |
Powell McCormick, who served as deputy national security adviser in President Trump's first term, briefly joined the company's board of directors last year before departing in December. "Dina's experience at the highest levels of global finance, combined with her deep relationships around the world, makes her uniquely suited to help Meta manage this next phase of growth as the company's President and Vice Chairman," Meta CEO Mark Zuckerberg said in a statement. Prior to joining the Trump administration, Powell McCormick worked at Goldman Sachs and served as a senior White House adviser and assistant secretary of State under former President George W. Bush. She is married to Sen. Dave McCormick (R-Pa.). The move was cheered by Trump on Monday, who called it a "great choice" by Zuckerberg. "Congratulations to DINA POWELL MCCORMICK, WHO HAS JUST BEEN NAMED THE NEW PRESIDENT OF META," the president wrote in a post on Truth Social. "A great choice by Mark Z!!! She is a fantastic, and very talented, person, who served the Trump Administration with strength and distinction!" Trump's praise is notable given Zuckerberg's rocky history with the president. However, the Meta CEO, as well as other tech leaders, have generally enjoyed a much more positive reception from Trump in his second term. Zuckerberg received a front-row seat at Trump's inauguration last year alongside other tech CEOs, who have since appeared at several White House events. |
Welcome to The Hill's Technology newsletter, I'm Julia Shapero — tracking the latest moves from Capitol Hill to Silicon Valley. |
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How policy will be impacting the tech sector now and in the future: |
6 in 10 say Big Tech has too much influence in DC |
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About 6 in 10 U.S. voters said technology companies have too much influence in Washington, according to new polling from the Tech Oversight Project and Morning Consult released Monday. Another 54 percent of survey respondents agreed with the statement that the Trump administration is too close to Big Tech firms and often prioritizes their interests, and nearly half — 49 percent — said major tech companies benefit most from … |
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Google Gemini AI picked to power Apple's Siri |
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Apple will use Google's Gemini AI models to power its Apple Intelligence features, including an updated version of Siri, the companies announced Monday. "Apple and Google have entered into a multi-year collaboration under which the next generation of Apple Foundation Models will be based on Google’s Gemini models and cloud technology," they said in a joint statement. "After careful evaluation, … |
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How artificial intelligence is reshaping the future of war |
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(NewsNation) — Artificial intelligence (AI) is profoundly changing how we fight wars, and the U.S. military is increasingly focused on it. Recently, the Department of War announced the launch of GenAI.mil, the new AI platform being rolled out to all 3 million military and civilian personnel in partnership with Google's Gemini. A partnership with the company xAI is also set to roll out early this year. The transformation, though, … |
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News we've flagged from the intersection of tech and other topics: |
- Meta plans to cut around 10 percent of employees in Reality Labs business (New York Times)
- Alphabet becomes newest $4 trillion company, joining Nvidia (Wall Street Journal)
- Malaysia and Indonesia block Elon Musk's Grok due to nonconsensual sexual content (CNBC)
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Boozman postpones Senate Agriculture markup |
Senate Agriculture Chair John Boozman (R-Ark.) said Monday that he is postponing a planned markup of cryptocurrency legislation this week after making progress in bipartisan talks. The senator previously told The Hill he intended to hold a markup on market structure legislation on Jan. 15, the same day the Senate Banking Committee plans to hold its markup. The Senate Agriculture Committee will instead hold its markup in the last week of January, Boozman said. "I remain committed to advancing bipartisan crypto market structure legislation," he said in a statement. "We have made meaningful progress and had constructive discussions as we work toward this goal." "To finalize the remaining details and ensure the broad support this legislation requires, additional time is needed before moving to markup," he added. |
Crypto Corner is a daily feature focused on digital currency and its outlook in Washington. |
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Branch out with other reads on The Hill: |
Supreme Court will hear Cisco's appeal in Falun Gong lawsuit |
The Supreme Court agreed to hear Cisco's bid to stave off a long-running lawsuit alleging the tech giant aided the Chinese government's persecution of the Falun Gong spiritual movement. The 2011 lawsuit is brought by a group of Chinese nationals and a U.S. citizen who say they or their family members are Falun Gong practitioners who suffered … |
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Opinions related to tech submitted to The Hill: |
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You're all caught up. See you tomorrow! |
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