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Meta agrees to pay $25M to settle lawsuit from Trump
Meta agrees to pay $25 million to settle Trump account suspension suit
Meta agreed to a $25 million settlement over a 2021 lawsuit President Donald Trump brought against Meta for suspending his accounts after the January 6th insurrection at the US Capitol. The Wall Street Journal was the first to report the news, and Meta spokesperson Andy Stone confirmed the settlement to The Verge.
Meta agrees to pay $25 million to settle lawsuit with President Donald Trump
Meta confirmed that it will be making a donation of $22 million to Trump's presidential library and will also pay $3 million in legal fees. "I write to inform the Court that the parties have reached an agreement to settle the named plaintiffs' individual claims and resolve this matter," the letter read.
Meta agrees to pay $25 million to settle Trump lawsuit over suspended accounts
Meta, along with nearly every other major tech company, suspended Trump’s accounts in 2021 after the Capitol attack by his supporters.
Microsoft, Meta CEOs Defend Hefty AI Spending
Microsoft, Meta Talk Up Their Big AI Ambitions and Spending Plans
The tech giants on Wednesday talked up their AI strategies and said they are sticking with ambitious investments in the technology despite the investor panic this week over the ri
Microsoft, Meta CEOs Defend Hefty AI Spending After DeepSeek Stuns Tech World
Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field.
Zuckerberg says Meta won't slow down AI spend despite DeepSeek's breakthrough
Meta CEO Mark Zuckerberg said China-based DeepSeek has created a powerful artificial intelligence model, but it won’t likely curb Meta’s AI spending.
Meta, Wall Street
Meta posts sharply higher Q4 profit, revenue, topping Wall Street’s expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties.
Meta warns first-quarter revenue will miss Wall St expectations
Meta Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday but the company predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how bets on pricey artificial intelligence-powered tools are paying off.
What Wall Street is saying about Meta ahead of earnings
Meta Platforms (META), the parent company of Facebook, Instagram, WhatsApp, Oculus, Threads and other brands, is scheduled to report fourth
Zuckerberg, Meta
Mark Zuckerberg said this will be a 'big year' for redefining Meta's relationship with the government
On Meta's earnings call, Mark Zuckerberg said this will be a "big year" for redefining the company's relationship with the federal government.
Meta’s Mark Zuckerberg explores purchase of Washington DC property
Mark Zuckerberg is exploring buying a property in Washington DC, according to two people familiar with the matter, as Meta’s billionaire founder steps up his efforts to shape US President Donald Trump’s approach to the tech sector.
Mark Zuckerberg starts Meta earnings call by praising Trump administration
Meta CEO Mark Zuckerberg praised the Trump administration during a call with investors on Wednesday. Zuckerberg said the administration "prioritizes American technology winning," and that he is optimistic about the "innovation that this can unlock.
1h
on MSN
Meta Will Give Trump $25 Million After He Was Banned From Platforms
Meta will pay President Donald Trump $25 million to settle a lawsuit after the tech giant banned him from Facebook and ...
5h
on MSN
Meta says end of fact-checking hasn’t impacted ad spend
Meta says its controversial decision to put an end to its fact-checking program hasn't impacted advertiser spend. On its Q4 ...
10h
Meta Engineers See Vindication in DeepSeek’s Apparent Breakthrough
The Silicon Valley giant was criticized for giving away its core A.I. technology two years ago for anyone to use. Now that ...
7h
Meta to pay Trump $25 million to settle 2021 lawsuit
Meta Platforms will pay $25 million to resolve a lawsuit President Trump brought in 2021 over the suspension of his social ...
6h
on MSN
Meta Gains After Zuckerberg Predicts ‘Really Big Year’ in AI
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg defended the company’s ambitious spending plans, predicting a ...
1h
Reality Labs bleed grows but Zuckerberg vows ‘pivotal year’ for the metaverse
Mark Zuckerberg said that 2025 will be a “pivotal year for the metaverse” as Meta's Reality Labs' losses reach $60 billion ...
53m
Meta Strikes $25 Million Deal with Trump Following Strong Q4 Results
Social media giant Meta Platforms (META) has agreed to pay about $25 million to settle a lawsuit filed by President Donald ...
3h
on MSN
Microsoft and Meta AI Splurge Still Not Enough for Nvidia
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
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