Trump settles lawsuit with Meta
President Trump reached a settlement with Meta (formerly Facebook) to resolve a lawsuit after his accounts were suspended. Meta will pay $25 million, with $22 million for Trump's presidential library fund. Trump also settled with ABC News for $15 million. The settlement does not require Meta to admit any wrongdoing.
Key Points
- Settlement reached between Trump and Meta for $25 million
- Meta to pay $22 million for Trump's presidential library fund
- No admission of wrongdoing required from Meta
Pros
- Settlement reached without admission of wrongdoing
- Funds allocated for Trump's presidential library
- Efforts to mend relations between Trump and Meta
Cons
- Cost of settlement for Meta
- Potential implications for future social media interactions