Unlock the White House Watch newsletter for free
Your guide to what the 2024 US election means for Washington and the world
Meta’s Mark Zuckerberg is exploring buying a property in Washington DC, according to two people familiar with the matter, as part of the social media platform’s push to shape Donald Trump’s administration approach to the tech sector.
A potential property has been identified, one of the people said.
The move signals Zuckerberg’s intention to work closely with the Trump administration, the people said, as he seeks a role in influencing regulation in areas that are of increasing importance to Meta’s $1.7tn social media business, such as artificial intelligence.
Zuckerberg already owns multiple properties in California, as well as a Hawaii compound.
If a purchase is completed, Zuckerberg will join a growing group of tech titans seeking bases close to the White House, as Silicon Valley forges closer ties with the new president.
A Meta spokesperson declined to comment.
Additional reporting by Joe Miller in Washington DC
This is a developing story.
Source link
