ONE AI Stock Is All You Need

There are over 6,000 stocks listed in the market right now. And even with many of them jumping on the AI bandwagon... They will NOT make you rich. However, there is one stock that stands head and shoulders above everything else. It's currently trading for only $20...

Meta nixes diversity and inclusion program as it prepares for second Trump administration

The Associated Press
January 10, 2025

MENLO PARK, Calif. (AP) -- Joining companies such as John Deere and Walmart, Facebook and Instagram's parent company Meta Platforms Inc. is getting rid of its diversity, equity and inclusion program that includes hiring, training and picking vendors, a company spokesperson confirmed on Friday.

The move, which was first reported by Axios, comes on the heels of the social media giant's decision to end its third-party fact-checking program and scale back policies on hate speech and abuse.

Citing an internal memo sent to employees, Axios said the Menlo Park, California-based tech giant said the U.S. Supreme Court "has recently made decisions signaling a shift in how courts will approach DEI. ... The term 'DEI' has also become charged, in part because it is understood by some as a practice that suggests preferential treatment of some groups over others."

In practice, this means Meta will no longer have a team focused on diversity and inclusion and the company said it will instead "focus on how to apply fair and consistent practices that mitigate bias for all, no matter your background."

The company will also end its "diverse slate approach" to hiring, which meant that a diverse pool of candidates was considered for every open position.

Other companies that have ended DEI programs recently include McDonald's, automaker Ford, Walmart and farm equipment maker John Deere.

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