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Facebook owner Meta to pay $25m to settle Trump lawsuit over ban

Facebook owner Meta to pay $25m to settle Trump lawsuit over ban

Meta, the parent company of Facebook and Instagram, has agreed to pay former President Donald Trump $25 million to settle a lawsuit he filed in 2021. This lawsuit stemmed from Trump’s suspension from the platforms following the January 6 Capitol riot, which he claimed constituted “unlawful censorship” and violated his First Amendment rights.

Amount: The settlement will see Trump receiving $25 million, with approximately $22 million earmarked for his future presidential library.

Legal Context: Trump’s legal team argued that Meta’s actions were influenced by government pressure, while Meta contended that the suspension was due to policy violations related to inciting violence.

Admission of Wrongdoing: As part of the settlement, Meta will not admit to any wrongdoing regarding the account suspensions.

This settlement marks a significant shift in Trump’s relationship with Meta and its CEO, Mark Zuckerberg. It follows a series of overtures by Zuckerberg aimed at mending ties with Trump, including a recent dinner meeting and financial contributions to Trump’s inaugural fund. The agreement is seen as part of a broader trend where major corporations navigate their relationships with Trump amidst his potential return to political office.

This settlement not only resolves a contentious legal battle but also reflects ongoing dynamics between tech companies and political figures in the current landscape.