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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.
Meta defends $65bn AI spend after DeepSeek rise
Meta has defended its $65bn (£52bn) investment in artificial intelligence (AI) days after US tech stocks wobbled in the wake of Chinese AI app DeepSeek's sudden rise. Chief executive Mark Zuckerberg said to investors on Wednesday there was a lot to learn from DeepSeek,
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.
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 ...
2h
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.
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 ...
The News International
1h
Why keeping US AI away from China’s DeepSeek won’t be easy
Leading White House advisers this week raised concern that China's DeepSeek might have derived benefits from a technique ...
6h
Meta to Pay $25 Million to Settle 2021 Trump Lawsuit
The president had sued the social-media company after his accounts were suspended following the Jan. 6 riot at the U.S.
48m
Has Europe’s great hope for AI missed its moment?
Mistral AI was hailed as a potential global leader in the technology. But it has lost ground to US rivals — and now China’s emerging star ...
1h
on MSN
Reality Labs bleed grows but Zuckerberg vows ‘pivotal year’ for the metaverse
Reality Labs, the research arm of social media giant Meta Platforms, bled even more billions over the last quarter, but Meta ...
India Today on MSN
1h
WhatsApp releases a new update to fix critical privacy bug on iPhones
WhatsApp has fixed a privacy flaw in its View Once feature for iOS, which allowed users to access supposedly disappearing media.
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