Donald Trump has reached a $25 million settlement with Meta, following his suspension from Facebook in 2021 after the January 6 riot. The funds will largely support Trump's presidential library.
Donald Trump has reached a settlement agreement with Meta, in which the company will pay $25 million to resolve a lawsuit filed against them after his suspension from Facebook in 2021. This suspension followed the January 6 riot, which led to widespread controversy and legal actions.
The settlement, which was confirmed by Trump's attorney John Coale, was signed on Wednesday in the Oval Office. A significant portion of the $25 million is expected to be allocated to Trump’s presidential library. The news first emerged from The Wall Street Journal, coinciding with Meta’s quarterly earnings report, which was delayed.
Mark Zuckerberg, CEO of Meta, refrained from addressing the specifics of the settlement during the earnings call. However, he made a broader comment about the company’s future relationship with governments, stating that the current US administration was supportive of American tech firms and their global standing. He expressed optimism about the opportunities for progress and innovation this could bring.
This settlement follows a series of actions by Meta to mend its relationship with Trump. Notably, the company had previously faced threats from Trump, who had expressed intentions of having Zuckerberg jailed. Meta’s connections to Trump extend beyond this legal dispute, with the company donating $1 million to his inauguration fund following his election victory.
In addition to Meta, Trump has pursued legal action against other tech firms. This includes lawsuits against Twitter, now X, and YouTube, accusing them of censorship. While a federal judge dismissed his case against Twitter in 2022, his suit against YouTube was “administratively closed” in 2023. Similarly, ABC News reached a $15 million settlement with Trump over a defamation lawsuit, with the funds also directed towards his library.
This settlement underscores the ongoing tensions between political figures and tech companies, as both sides continue to navigate issues of free speech, censorship, and corporate influence in the public sphere.
President Donald Trump has dismissed Israeli Prime Minister Benjamin Netanyahu's opposition to a potential sale of F-35 fighter jets to Türkiye, sayi...
Pakistani businesses are warning that growing difficulties in obtaining United Arab Emirates (UAE) visas are disrupting trade, delaying investment and...
Yemen warned the Houthis were seeking to replicate Iran's Strait of Hormuz strategy in the Red Sea, as U.S. President Donald Trump said there was a "g...
U.S. President Donald Trump said on Monday that there is a good chance” of reaching a deal with Iran, but warned that Washington would resume military operation if negotiations fail.
Iran will halt its own attacks as long as the United States maintains its pause on strikes, but Tehran remains sceptical of U.S. intentions, a senior Iranian source told on Sunday.
The Russia-Ukraine war is increasingly reshaping the Caspian region. From threats to energy infrastructure to renewed diplomatic efforts, countries across the region are adapting to the wider consequences of a conflict that continues to disrupt trade, transport and security.
A New York school district has put plans to introduce a humanoid robot into classrooms on hold after fierce criticism from teachers, Indigenous community members and state education officials over the use of artificial intelligence in schools.
Russian President Vladimir Putin has signed laws introducing stricter financial requirements for foreign workers, as Moscow continues to tighten migration controls affecting millions of labour migrants, particularly from Central Asia.
Meteorologists in China have used a swarm of drones to observe Typhoon Noul as it passed through Guangdong province, aiming to improve weather monitoring and forecasting during extreme storms.
Tehran has stressed that its commercial vessel hit by a Ukrainian drone in the Caspian Sea on Saturday was carrying only civilian cargo and vowed to respond appropriately while holding Kyiv responsible for the attack.
Since 1946, nine people have served as UN Secretary-General, the closest thing the world has to a chief diplomat. The role carries no army and little hard power, yet its occupants have shaped how nations respond to war, famine and global crises. Here are five who left the deepest mark.
Two shallow earthquakes hit a remote area of China's Qinghai province on Tuesday, with authorities reporting no casualties or collapsed buildings so far.
Australia is considering building its first new oil refinery in more than six decades as conflict in the Middle East exposes the country's heavy reliance on imported fuel.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment