Meta gives $25M to Trump

In a supplementary act illustrating his recent rapprochement with the President of the United States, Mark Zuckerberg has agreed to settle a lawsuit filed by Trump following his ban from Meta platforms after the January 6 2021 riot.

Meta and Zuckerberg will pay 25 million dollars to Trump to settle the case.

According to The Wall Street Journal, most of this amount, nearly 22 million dollars, will be allocated to Trump’s future presidential library, the location and construction date of which have not yet been officially determined.

The remaining 3 million will be used to cover legal fees as well as other expenses related to this case.

Donald Trump’s Facebook and Instagram accounts were suspended shortly after the Capitol riot on January 6, 2021. Mark Zuckerberg justified this decision by stating that Trump preferred to “encourage” the actions of his supporters “rather than condemn them.” His accounts were eventually restored in January 2023.

According to CNN, discussions aimed at resolving this matter took place in November between Donald Trump and Meta CEO Mark Zuckerberg, following Trump’s election.

The agreement was reportedly signed at the White House on January 29.

It should be noted that, in recent months, with Trump’s victory, Mark Zuckerberg seized the opportunity to strengthen his ties with him, marking a major turning point in their relationship.

The CEO of Meta, alongside other technology leaders, was front row at Donald Trump’s inauguration, having contributed to the event with a one million dollar donation.

To align with the values of Trump’s presidency, Meta recently removed its fact-checking program, which aimed to limit misinformation in partnership with independent organizations.

This program aimed to identify, report, and reduce the visibility of content deemed false or misleading on his platforms.