Meta Platforms has actually agreed to pay former US President Donald Trump a huge $25 million to settle a lawsuit which was stemming from the suspension of his Facebook and Instagram accounts following the January 6 of the year 2021 Capitol riot, reported Insider.
Budget with ET
Fraught juggling act draws near for Nirmala Sitharaman. What will Feb 1 bring?
Budget 2025 needs to pull off a big growth trick for the untapped half of its firepower
2 key events coming up for India as world readjusts to Trump 2.0
According to Insider, the lawsuit eventually accused Meta and the Meta CEO Mark Zuckerberg of violating his rights by engaging in ‘impermissible censorship’. The settlement was gradually confirmed by both US President Donald Trump’s attorney and a Meta spokesperson.
Of the total settlement, $22 million will be allocated to support the future presidential library of US President Donald Trump while the remaining $3 million will cover the legal fees and other costs associated with the litigation, asserted Insider. The agreement was reached after heavy negotiations that intensified following a dinner between US President Donald Trump and Meta CEO Mark Zuckerberg at the Mar-a-Lago back in the month of November.
This latest settlement now marks another instance of a major corporation resolving litigation with US President Donald Trump who has previously threatened dangerous retribution against the critics. The certain decision of Meta to settle comes amidst the efforts to improve its relationship with US President