According to Associated Press, Meta has agreed to pay$ 25 million to settle a lawsuit brought by US President Donald Trump regarding his account suspensions following the Capitol attack on January 6, 2021.
According to the settlement’s terms,$ 22 million will be donated to the non-profit that will manage Trump’s upcoming national library, with the remainder going to pay legal costs and additional costs.
The Wall Street Journal was the first media outlet to cover this arrangement arrangement.
The growth comes as Meta CEO Mark Zuckerberg and other leaders in the technology sector work to strengthen ties with the newly elected Trump presidency.
According to AP, Zuckerberg met Trump at his Florida team in November, where the complaint was discussed, sparking decades of negotiations that led to the solution.
Meta has also made a$ 1 million donation to Trump’s inaugural committee, and Zuckerberg was among several high-profile business leaders, including Google’s Sundar Pichai, Amazon’s Jeff Bezos, and Elon Musk, who received prime seating during Trump’s swearing-in last week.
Before Trump’s opening, Meta announced it would prevent fact-checking on its system, a shift much sought by Trump and his friends.
Trump’s legal conflicts with internet companies
Trump’s petition against Meta was a part of a wider legal campaign against big media and tech firms. In a similar situation, ABC News recently settled a libel lawsuit by agreeing to pay$ 15 million for Trump’s presidential libraries after George Stephanopoulos made false claims about a legal ruling against him in the E. Jean Carroll situation.
Additionally, the system reportedly paid$ 1 million in legal fees.
Trump has also filed complaints against CBS News and The Des Moines Register, alleging that they covered inaccurate information that he claimed constituted poll intervention. Both advertising agencies have denied wrong.
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