Donald Trump has reached a $25 million settlement with Meta regarding his suspended Facebook account due to events following the January 6 riot. The settlement was confirmed by his attorney and will significantly fund Trump's presidential library. Meta's leadership remains optimistic about redefining corporate relationships with the U.S. government. The deal signifies a continuation of Trump's support among tech companies, as Meta has previously placed financial backing toward his initiatives, including a past donation to his inauguration fund.
President Donald Trump has signed an agreement in which Meta would pay $25 million to settle a lawsuit he brought against the company after being suspended from Facebook in 2021 following the January 6 riot.
Meta isn’t alone in its donations to the future Trump library. ABC News agreed to pay $15 million to settle a defamation lawsuit brought by Trump. Court documents said the money would go toward the president's library.
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