POSITION:og777-og777 app-og777 casino > og777 > 7xm Meta Agrees to Pay Trump $25 Million to Settle His Lawsuit

7xm Meta Agrees to Pay Trump $25 Million to Settle His Lawsuit

Updated:2025-02-02 05:41 Views:184

Meta said on Wednesday that it had agreed to pay President Trump $25 million to settle a 2021 lawsuit he filed over the suspension of his Facebook and Instagram accounts after the Jan. 6 riot at the Capitol.7xm

The move was a significant concession by a major tech company and a victory for Mr. Trump, who had previously criticized social media platforms for censoring him but has lately wooed tech titans including Elon Musk and Mark Zuckerberg, Meta’s chief executive.

Mr. Zuckerberg has thrown his support behind Mr. Trump and has been remaking his company for the new administration. This month, Mr. Zuckerberg made sweeping policy changes to allow for more types of speech across Meta’s apps — which include Facebook, Instagram, Threads and WhatsApp — and eliminated diversity and inclusion initiatives across the company. In some cases, the changes have proved contentious to his work force.

In a call with investors on Wednesday for Meta’s quarterly financial results, Mr. Zuckerberg praised the Trump administration for supporting American tech companies and “defending our values.”

He added, “This is going to be a big year for redefining our relationships with governments.”

Meta, which owns Facebook, Instagram,og777 casino WhatsApp and other apps, posted a 21 percent jump in revenue and a 49 percent increase in profit for the fourth quarter, but gave a lighter-than-expected revenue forecast for the current quarter.

In December, ABC News agreed to pay $15 million to settle a defamation lawsuit by Mr. Trump. ABC News agreed to donate the money to Mr. Trump’s future presidential foundation and museum. The network and its star anchor, George Stephanopoulos, also published a statement saying they “regret” remarks that were made about Mr. Trump during a televised interview in March.

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His debunked claims about Haitian migrants stealing and eating their neighbors’ pets in Springfield, Ohio, helped stir a firestorm over immigration in that community, which has dealt with bomb threats and evacuations after Mr. Trump made his comments.

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