Meta Settles 2021 Legal Dispute with Trump by Agreeing to a $25 Million Payout

The chief executives of tech companies have made substantial contributions to the inauguration fund of former President Trump. The video embedded in this article provides an in-depth analysis of this occurrence.

According to insiders, Trump has recently confirmed a settlement agreement with Meta Platforms – the parent company of Facebook and Instagram. This agreement is anticipated to compel Meta Platforms to pay approximately $25 million to resolve a lawsuit instigated by Trump in 2021 against the social media conglomerate.

The legal battle originated from Meta’s decision to suspend Trump’s accounts following the tumultuous events at the U.S. Capitol on January 6, 2021. This information was initially made public by The Wall Street Journal.

As this narrative continues to unfold, we will provide updates to ensure our readers stay informed.

About the author: Jennifer Jacobs is a senior reporter at CBS News, with a focus on White House coverage.

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