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 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, along with nearly every other major tech company, suspended Trump’s accounts in 2021 after the Capitol attack by his supporters.

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg exuded confidence in his company’s artificial intelligence strategy, saying 2025 will be a “really big year” in which its AI assistant will become the most widely used in the industry.

Social media giant Meta has agreed to pay $25 million to settle censorship accusations made by President Donald Trump after Meta suspended his Facebook and Instagram accounts in 2021.

Meta says its controversial decision to put an end to its fact-checking program hasn't impacted advertiser spend. On its Q4 2024 call, Meta CFO Susan Li

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 Platforms forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling its bets on pricey artificial intelligence-powered tools were struggling to attract additional digital ad dollars to its social media platforms.

The president had sued the social-media company after his accounts were suspended following the Jan. 6 riot at the U.S. Capitol.

Meta Platforms posted record revenue in the fourth quarter, aided by artificial-intelligence improvements to its ads business.The Facebook and Instagram parent reported a 21% increase in sales and $20.

The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.