Meta Platforms has settled a lawsuit with Trump over the suspension of his Facebook and Instagram accounts after the Capitol attack in 2021. The $25 million agreement allocates $22 million to his presidential library and the remainder to legal fees. While Meta does not admit wrongdoing, the settlement raises concerns about implications for free speech and whether it undermines the platform's duty to prevent insurrectionist rhetoric. Critics argue this reflects ongoing corruption and trading for regulatory favors amidst Trump's influence.
Most people - including Elizabeth Warren, in the WSJ story - are focusing on how this is effectively a bribe, a $22 million donation trading for regulatory favors.
The concession of the settlement implies that Facebook should not have banned Trump for using their platform to incite an insurrection, though it admits no wrongdoing.
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