(Patriot.Buzz) – In a settlement that could change the tech world’s political interactions, President Donald Trump won again as Meta Platforms agreed to pay him approximately $25 million.
Though Meta denies any wrongdoing, this settlement marks a major victory for Trump.
It stems from Trump’s lawsuit filed in 2021, which claimed Meta suspended his accounts after events at the U.S. Capitol on January 6.
Trump plans to allocate $22 million of the agreement to fund his presidential library. The rest will cover legal fees and compensate other plaintiffs involved in the case.
While some see this as a mere monetary arrangement, others recognize it as a significant symbolic win for Trump against the seeming tyranny of big tech.
Meta CEO Mark Zuckerberg met with Trump at his Florida club in November to discuss resolving litigation.
The meeting set into motion two months of negotiations, leading to the settlement.
This development is part of Meta’s efforts to mend fences with the Trump administration, indicating possible industry shifts.
The implications of such an agreement extend into the workings of social media platforms. Meta will supposedly drop its fact-checking policy, a move Trump’s allies may celebrate as a victory for free speech.
Moreover, this settlement marks the second significant lawsuit resolution involving Trump since his re-election.
ABC News also settled a defamation dispute for $15 million, pledging the money towards Trump’s future endeavors.
With social media companies moderating content under Section 230 of the Communications Decency Act, the balance between freedom of speech and content regulation remains a contentious topic.
The Wall Street Journal first reported on the arrangement, revealing an important dialogue between technology companies and traditional politics.
As social media continues to wield significant influence over public discourse, this resolution could provoke changes in how platforms manage and regulate content.
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