Meta To Pay Trump $25m For Account Ban Settlement

Meta has reached a $25 million settlement with former U.S. President Donald Trump over a lawsuit he filed in 2021, claiming wrongful censorship by Facebook and Instagram following the U.S. Capitol riot. The agreement, first reported by The Wall Street Journal, marks a significant legal victory for Trump.

According to sources familiar with the deal, $22 million of the settlement will go toward funding Trump’s future presidential library, while the remaining amount will cover legal fees and payments to other plaintiffs involved in the case. Despite the payout, Meta has not admitted any wrongdoing regarding the suspension of Trump’s accounts.

A Meta spokesperson confirmed the settlement to AFP.

Trump had previously criticized social media platforms for banning his accounts in the aftermath of the January 6, 2021, insurrection, arguing that they silenced his voice. However, he has recently sought to mend ties with key tech figures, including Meta CEO Mark Zuckerberg and X owner Elon Musk, both of whom attended his recent presidential inauguration in Washington.

Zuckerberg has expressed support for Trump and made policy adjustments at Meta to ease content restrictions across its platforms, which include Facebook, Instagram, Threads, and WhatsApp. Earlier this month, he announced a rollback of fact-checking operations, stating that Meta was committed to “restoring free expression on our platforms.” Reports also suggest Zuckerberg and Trump dined together at Trump’s Florida estate in November.

This settlement is part of a broader trend of media corporations preparing for a potential second Trump presidency. In December, ABC News paid a $15 million settlement to resolve a defamation lawsuit brought by Trump over comments made by a top anchor.

Meanwhile, Meta reported a strong financial performance on Wednesday, revealing a 59% surge in net income to $62.36 billion for the full year.


Discover more from LN247

Subscribe to get the latest posts sent to your email.

Advertisement

Most Popular This Week

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More from Author

Advertisement

Read Now

South Africa Reduces Interest Rate to 7.50%

South Africa’s central bank has reduced its key lending rate by 25 basis points to 7.50%, aligning with market expectations. Prior to this reduction, the rate stood at 7.75%. This decision, announced on Thursday, reflects the bank’s assessment that while inflation remains controlled, the medium-term economic outlook...

Trump’s Immigration Clampdown: What it Means for Nigerians with “Japa” Syndrome

US visa has taken a more strict tunnel. Applicants now have to prove, often in detail, that they aren’t intending to overstay or work illegally once they arrive. It’s no doubt that Nigeria faces significant challenges ranging from high unemployment, insecurity, political instability, and a lack of...

Trump Immigration Clampdown: What it means for Nigerians in the US

Nigerians living in the U.S might not be spared from the searing impact of Donald Trump’s sweeping immigration clampdown. President Trump made getting tough on illegal immigration a pillar of his presidential campaign and has already enacted far-reaching measures targeting those who violated U.S. immigration law. His...

Discover more from LN247

Subscribe now to keep reading and get access to the full archive.

Continue reading