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.
Beijing warned it would ignore U.S. tariff provocations, accusing Washington of manipulating trade figures, as tensions between the world’s two largest economies continue to escalate.
U.S. President Donald Trump blocked a proposed Israeli military strike on Iranian nuclear facilities earlier this year, opting instead to pursue direct negotiations aimed at curbing Tehran’s nuclear ambitions, the New York Times reported on Wednesday.
The Chinese and Vietnamese navies have launched a week-long joint patrol in the Gulf of Tonkin, a move aimed at deepening maritime cooperation between the two countries.
Japan is set to engage in crucial tariff negotiations with the United States on Wednesday, marking one of the first tests of President Donald Trump’s willingness to adjust the sweeping import duties that have sent shockwaves through global markets and stoked fears of an impending recession.
U.S. President Donald Trump has signed an executive order directing the Secretary of Commerce to launch an investigation into the country’s heavy reliance on imported critical minerals.
Iran has expressed a readiness to strengthen defence and military cooperation with Tajikistan during the official visit of Tajik Defence Minister Lieutenant General Emomali Sobirzoda to Tehran.
Cambodia is hoping for renewed Chinese financial support, particularly for major infrastructure projects, as President Xi Jinping visits Phnom Penh to conclude his Southeast Asia tour.
A land dispute between a British-owned tea company and a Kenyan farming community has reignited tensions over colonial-era injustices, raising concerns about the future stability of the country’s tea industry.
Nvidia will take a $5.5 billion charge after the U.S. restricted exports of its H20 AI chip to China, citing security concerns. The move targets China's access to advanced tech, impacting Nvidia's key market amid growing global AI competition.
Warsaw Mayor Rafal Trzaskowski leads the race for Poland’s presidency with 34% support ahead of the May 18 election, a new poll shows.
A small plane crashed near Kopake, New York, on April 13, killing at 6 people. The Mitsubishi MU-2B aircraft, carrying six people, went down under unclear circumstances. This marks the second aviation accident in New York in a week, raising safety concerns.
The Russian ruble has emerged as the top-performing currency globally in 2025, registering an impressive 38% appreciation against the US dollar since the beginning of the year, according to a report by Bloomberg.
A quiet Thursday afternoon at St. Peter’s Basilica turned into something extraordinary, as visitors caught a rare glimpse of Pope Francis — not in his familiar white papal robes, but dressed in black trousers and a striped blanket.
Several regions in Ukraine faced heightened alert on Palm Sunday, as reports of explosions and missile threats drew public attention and official responses.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 16th, covering the latest developments you need to know.
As the US-China trade war escalates under President Donald Trump’s administration, viral TikTok videos are encouraging Americans to bypass tariffs by buying directly from Chinese factories, sparking fresh concerns over counterfeit goods and luxury brand credibility.
Malaysia will dispatch its trade and second finance ministers to the United States later this month to address U.S. tariff measures, in line with a collective ASEAN response to rising trade tensions, the government said Thursday.
Cambodia is hoping for renewed Chinese financial support, particularly for major infrastructure projects, as President Xi Jinping visits Phnom Penh to conclude his Southeast Asia tour.
A land dispute between a British-owned tea company and a Kenyan farming community has reignited tensions over colonial-era injustices, raising concerns about the future stability of the country’s tea industry.
Warsaw Mayor Rafal Trzaskowski leads the race for Poland’s presidency with 34% support ahead of the May 18 election, a new poll shows.
Iran has expressed a readiness to strengthen defence and military cooperation with Tajikistan during the official visit of Tajik Defence Minister Lieutenant General Emomali Sobirzoda to Tehran.
Cambodia is hoping for renewed Chinese financial support, particularly for major infrastructure projects, as President Xi Jinping visits Phnom Penh to conclude his Southeast Asia tour.
A land dispute between a British-owned tea company and a Kenyan farming community has reignited tensions over colonial-era injustices, raising concerns about the future stability of the country’s tea industry.
Nvidia will take a $5.5 billion charge after the U.S. restricted exports of its H20 AI chip to China, citing security concerns. The move targets China's access to advanced tech, impacting Nvidia's key market amid growing global AI competition.
Warsaw Mayor Rafal Trzaskowski leads the race for Poland’s presidency with 34% support ahead of the May 18 election, a new poll shows.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment