Meta Settles Lawsuit with Trump for $25 Million—Here’s What You Need to Know

Meta has reached a $25 million settlement with President Donald Trump over the lawsuit stemming from his 2021 account bans. Of that amount, $22 million will be allocated to a fund for Trump’s presidential library, with the remainder covering legal fees and compensation for other plaintiffs. The agreement, signed on January 29, 2025, does not require Meta to admit any wrongdoing.

This settlement comes as Meta CEO Mark Zuckerberg, who donated to and attended Trump's Inauguration, reportedly looks to mend ties with Trump after the 2024 election. The news also coincided with Meta’s strong financial performance, reporting a 21% jump in quarterly revenue and a 49% increase in profit. This deal may influence how social media platforms handle political figures in the future.

Misha the Turtle with your X News Update
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