Meta said on Wednesday that she had agreed to pay President Trump $ 25 million to settle a lawsuit in 2021, which he filed regarding the suspension of his Facebook and Instagram accounts after riots in January 6 in Capitol.
This step was a great concession by a major technical company and a victory for Mr. Trump, who was criticized by social media platforms for his control, but recently obtained the fennel of technology including Elon Musk and Mark Zuckerberg, CEO of Mita.
Mr. Zuckerberg threw his support behind Mr. Trump and was His company to reshape the new administration. This month, Mr. Zuckerberg has made changes in the full policy to allow more types of speech via Meta applications – which include Facebook, Instagram, Threads and WhatsApp – and spent diversity and integration initiatives throughout the company. In some cases, The controversial changes have proven To the power of work.
In a call with investors on Wednesday to obtain the quarterly financial results of Meta, Mr. Zuckerberg praised the Trump administration for supporting American technology companies and “defending our values.”
He added: “This will be a great year to redefine our relations with governments.”
Meta, which has Facebook, Instagram, WhatsApp and other applications, to publish A 21 percent jump in revenue and an increase of 49 percent in profit for the fourth quarter, but gave the expectations of revenue lighter than expected for the current quarter.
In December, ABC News He agreed to pay $ 15 million to settle a defamation suit by Mr. Trump. ABC News has agreed to donate money to the President Trump Foundation in the future and the museum. The network and its star, George Stefanubulus, also published a statement saying that it “regret” notes made by Mr. Trump during a television interview in March.
It was a dead settlement with Mr. Trump earlier I mentioned Next to the Wall Street magazine.
On Wednesday, Mita said that her increasing and profitable revenues for the fourth quarter were largely driven by the progress of its systems to target the advertising and suggest the posts and related videos for users. The company said that these improvements came from its continuous investment in artificial intelligence.
The fourth -quarter revenues amounted to $ 48.4 billion, an increase of 40.1 billion dollars in the previous year and the estimates of Wall Street of $ 47 billion, according to the data collected by FactSet, a market analysis company. The profit amounted to $ 20.8 billion, an increase of $ 14 billion in the previous year.
But Silicon Valley also said it expected revenues in the current quarter to reach 39.5 billion dollars to 41.8 billion dollars. The low -forecasting party was less than the expectations of analysts of $ 41.7 billion.
Revenue dropping questions among investors, especially since Meta plans to increase their spending. Last week, dead He said her spending This year will reach more than $ 60 billion to 65 billion dollars at data and other infrastructure centers this year, up from approximately $ 38 billion to $ 40 billion in 2024, where it works to obtain a feature in the race to develop intelligence Artificial
Google, Amazon and Microsoft and smaller companies like Openai also photograph billions of dollars to lead in artificial intelligence in recent days, Chinese Deepseek AI raised questions about how to develop technology after it has created a new model of artificial intelligence for a small part of the cost of many American companies .
This is a developing news story. Check again for updates.
