Foreign Affairs: Mark Zuckerberg's Meta Agrees To Pay Trump $25 Million

Foreign Affairs: Mark Zuckerberg's Meta Agrees To Pay Trump $25 Million To Resolve Account Ban.
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The Wall Street Journal  was first  to report the settlement  in the  lawsuit against Meta and its  CEO Mark Zuckerberg, in what was seen as a victory for  Trump.
According to people familiar with the agreement, the Journal  said $22 million of the payment will go  to fund Trump's future presidential library, with the  rest covering legal fees and payments to other plaintiffs in the  case.
As part of the  agreement, Meta will not admit wrongdoing  in connection with the  suspension of  Trump's accounts.
A Meta spokesperson confirmed the settlement to  AFP.
Trump had widely criticized  the social media platforms for suspending his accounts  following the January 6,  2021, riots by his  supporters and  for comments he made that were seen as praising  those involved in the  violence. But it has recently courted tech  titans, including Zuckerberg and X owner Elon Musk, both of whom attended Trump's presidential inauguration last week in  Washington.
Zuckerberg has expressed support for  Trump and  changed Meta's policies to  remove restrictions on some content  on the company's apps, which include Facebook, Instagram, Threads and  WhatsApp.
Meta will "restore free  speech to our platforms,"  said Zuckerberg, who  said he had dinner with Trump at his Florida estate in November,  and this month  announced a rollback of fact-checking  operations.
The deal is the latest bow  from media  companies as they  prepare for a second Trump  presidency.
In December, ABC News agreed to pay a $15 million settlement to  settle a defamation lawsuit  filed by Trump  over on-air comments about him made by a  popular anchor. Earlier on Wednesday, Meta  said its net  profit rose 59% to $62.36 billion for the full year.

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