Facebook owner Meta to pay $25m to settle Trump lawsuit over ban
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US President Donald Trump signed a legal settlement that will witness the owner of Facebook and Instagram approximately $ 25 million (20 million pounds).
Trump sued the social media giant and its CEO, Mark Zuckerberg, in 2021 due to the suspension of his novels after the Capitol riots on January 6 that year.
In July 2024, Meta raised the final restrictions on Facebook and Instagram to Trump Accounts in the period before the American presidential elections.
The settlement was first reported by the Wall Street Journal.
About 22 million dollars from the settlement will go to the Trump Library Presidential box.
The balance will be used to cover the legal costs and the other prosecutors who signed the lawsuit. Meta will not admit that no violations are committed.
The company suspended Trump’s accounts in 2021 and said It will prevent him from platforms for at least two years.
After Trump’s electoral victory in November, Mr. Zuckerberg visited his resort in Florida, Mar Lago. This step was considered evidence of the stereotypes of the roots in their relationships once.
The following month, Matta donated a million dollars to Trump’s opening fund. Mr. Zuckerberg was a guest at Trump’s opening in the Capitol in the United States earlier this month – sitting near other global technological billionaires.
For years, Trump was strongly criticizing Mr. Zuckerberg and Facebook – Anti -TROMP platform in 2017.
Their relationship was strained more after the president’s accounts were banned. Watch Facebook An “People’s enemy” In March 2024.
Twitter, which is now called X and owned by Trump Ally Elon Musk, too “Permanently” commented From her platform.
After buying the company for $ 44 billion, Mr. Musk has repeated Trump’s account In 2022, after a survey, he hardly operated this step.
Separately on Wednesday, Meta defended its 65 billion dollars in artificial intelligence (AI) after it rocked the shares of technology in the wake of the sudden rise of AI Deepseek.
Mr. Zuckerberg told the investors that there was a lot to learn from Deepseek, but it is too early to “really strong” about the meaning of the application for the future of artificial intelligence.
“If there is anything, I think the last news has just strengthened our conviction that this is the right thing to focus on,” he added.
Several US technology shares drowned this week after Dibsik rose in popularityAlthough Meta’s won this trend through height.
The stock had risen after the trading hours after it was published better financial results than expected on Wednesday.
However, the questions remain about What is the progress in the Chinese artificial intelligence that the artificial intelligence market will mean in general Looking at Dibsic’s claim that it was developed on a small part of the cost of its competitors in the United States.
Mr. Zuckerberg said in an invitation to investors after the results on Wednesday that the rise of Dibsik strengthened his conviction in embracing his company to “open source”.
Meta, the parent company for Facebook, Instagram and WhatsApp, took a different competition from many American companies by releasing an open source AI model for free.
Mr. Zuckerberg said on Wednesday that he believed that the approach was important to preserve the United States at the forefront, as countries around the world compete to become the main players in the alternative industry.
“There will be an open source standard worldwide and I think it is for our national advantage, it is important to be an American standard,” he said.
“We take it seriously. We want to build the artificial intelligence system that people use all over the world.”
META announced last week that it plans to spend up to $ 65 billion this year to expand the Amnesty International Infrastructure.
On Wednesday, Mr. Zuckerberg admitted a continuous discussion about the best ways to direct artificial intelligence investments, but he told investors that for his company, which serves billions of people worldwide, large investments are logical.
“I would like to bet that the ability to build this type of infrastructure will be a great advantage – for both the quality of service and the ability to serve the scale we want,” he said.
He said it would also be an important year for the company in other regions, saying that this year will be a key to determining whether the company’s smart glasses sales will start as expected.
Mr. Zuckerberg said he expects all glasses to be replaced with smart glasses within a decade, a prediction of his hatred on Wednesday.
He also talked about plans to revive the “cultural importance” of Facebook, a social media scene that launched his wealth but unprecedented compared to other offers such as Instagram and Tiktok.
Mr. Zuckerberg also defended his recent decision to end the verification of facts, saying that he believes that community observations plans will be more effective.
He said that the company did not see any success for the decree requesting its changes.