The president argues that the social media giant infringed on his rights by suspending his accounts after the January 6, 2021, US Capitol attack.
Meta Platforms has reached a $25 million settlement with U.S. President Donald Trump over the suspension of his social media accounts following the January 6, 2021, Capitol riots.
As part of the settlement, Meta will contribute $22 million to Trump's presidential library and $3 million to cover legal fees, resolving the lawsuit over the suspensions of his Facebook and Instagram accounts, according to The Wall Street Journal.
Trump’s lawsuit accused Meta of violating his rights by suspending his accounts, alleging the company coordinated with Democratic lawmakers to silence him.
The settlement does not require Meta to admit any wrongdoing in response to Trump's claims of censorship and rights violations.
This agreement comes on the heels of Meta’s recent policy adjustments, including ending its Diversity, Equity, and Inclusion (DEI) programs and revising its fact-checking procedures. Additionally, Meta made a $1 million donation to Trump’s inaugural committee, with CEO Mark Zuckerberg among several billionaires attending his swearing-in ceremony.
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The European Union is preparing sweeping new regulations targeting the addictive design features of major social media platforms, including TikTok, Meta and X, amid mounting evidence linking their use to serious mental health harm among children and teenagers.
Apple and Meta have publicly opposed a Canadian bill they say could force technology companies to weaken encryption on devices and online services if it becomes law.
Shares in Meta Platforms fell sharply in extended trading on Wednesday after the tech giant raised its annual capital spending forecast by billions of dollars.
Australia's government said on Tuesday that Meta, Alphabet’s Google and TikTok could be penalised unless they negotiate payments with local media outlets for news carried on their platforms.
Bulgaria has won the Eurovision Song Contest for the first time, taking victory in a final overshadowed by a boycott over Israel’s participation and the war in Gaza.
The World Urban Forum (WUF13) continues in Baku, Azerbaijan on 18 May, addressing the global housing crisis. The day’s agenda includes the official opening press conference, the WUF13 Urban Expo opening and a ministerial dialogue on the Nairobi Declaration to advance Africa's urban agenda.
U.S. President Donald Trump said on Monday he had paused a planned attack on Iran after appeals from the leaders of Qatar, Saudi Arabia and the United Arab Emirates, allowing negotiations to continue over a possible deal to end the conflict.
U.S. President Donald Trump says China's Xi Jinping agreed Iran must reopen the Strait of Hormuz, as Tehran prepares a new shipping mechanism. Tensions over the U.S. blockade and stalled nuclear talks continue to disrupt global oil supplies.
A 5.2 magnitude earthquake struck China’s Guangxi region early on Monday, killing two people and forcing more than 7,000 residents in Liuzhou to evacuate as rescue efforts continued.
Government bond markets from Tokyo to New York extended losses on Monday (18 May) as rising energy prices linked to the Middle East conflict heightened inflation concerns and reinforced expectations that major central banks could keep interest rates higher for longer.
Negotiations between Samsung Electronics and its workforce on Wednesday have broken down, officials said, raising fresh concerns over potential disruption to South Korea’s export-heavy economy.
By the time American shoppers began noticing higher prices on everything from trainers to televisions, the world's two largest economies were already deep in a trade war that left the world wondering how it would end.
The Strait of Hormuz remains a vital maritime chokepoint and serves as the primary artery linking the Persian Gulf to international energy markets. With approximately 20% of global oil and gas shipments transiting this waterway, it is the backbone of energy security for Asia, Europe, and beyond.
China’s exports grew faster than expected in April, as overseas buyers moved quickly to secure supplies amid fears that the conflict involving Iran could drive up global energy and transport costs.
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