Meta has agreed to pay $25 million in settlement of a lawsuit filed in 2021 by former President Donald Trump after suspending his accounts following the January 6, 2021, attack on the Capitol.
Trump’s lawyer, John Coale, confirmed that the deal followed direct negotiations between Meta CEO Mark Zuckerberg and the President. “There were talks between the two of them, Zuckerberg and Trump, with me and other lawyers in the room, of course.”
Coale said the settlement was prompted by several factors, “I’ve been working to get people to the table for two years now. Of course, the election helped.”
According to the deal, Meta will pay $22 million to help construct Trump’s presidential library. The remaining $3 million will be allocated to the four individuals who joined Trump in filing the lawsuit in 2021.
Meta’s settlement follows increased efforts by Zuckerberg to renew his company’s relations with Trump.
Recently, Zuckerberg pleased Trump by announcing that Meta would end third-party fact-checking on Facebook, suggesting his company was also wrong to give in to pressure to remove certain content about vaccines and other political issues.
By CEO NA Editorial Staff
