On Wednesday, Meta Platforms Inc. (NASDAQ:META) said it has agreed to a $25 million settlement with President Donald Trump over his suspension from Facebook and Instagram following the Jan. 6 Capitol riot.
What Happened: During the company's fourth-quarter investor call, Meta CEO Mark Zuckerberg expressed support for the Trump administration highlighting its role in defending American tech values, reported the New York Times.
“This is going to be a big year for redefining our relationships with governments,” Zuckerberg stated.
Trump’s lawsuit, initiated in 2021, accused Meta and other tech companies of wrongful censorship. The settlement allocates ...