Facebook owner Meta to pay $25m to settle Trump lawsuit over ban
US President Donald Trump signed a legal reconciliation that will see Facebook and Instagram owner Meta pay about $ 25 million (£ 20 million).
Trump prosecuted the social media giant and his chief executive Mark Zuckerberg in 2021 because he stopped his account after the Capitol Ri riots on January 6 of that year.
July 2024, Meta canceled the final limit on Trump Facebook and Instagram Accounts before the US presidential election.
The settlement was first reported by the Wall Street Journal.
About $ 22 million settlement will be used for the fund of the President of Trump.
The balance will be used to pay the legal expenses and other plaintiffs signed the lawsuit. Yuan will not admit improper behavior.
The company suspended Trump’s account in 2021 and said It will prohibit him from entering the platform for at least two yearsEssence
After the victory of Trump in November, Mr. Zuckerberg visited his Florida Resort Mar-A-LagoEssence This is deemed to be evidence that their once -free relationship was clearly thawed.
In the next month, Meta donated $ 1 million to Trump’s inauguration funds. Mr. Zuckerberg was sitting near other global technology billionaires at Trump’s inauguration ceremony earlier this month.
Over the years, Trump has been highly criticized for Mr. Zuckerberg and Facebook-2017 said the platform was “anti-Trump”.
The president’s account was banned further after being banned. He calls Facebook “The enemy of the people” March 2024.
Twitter, now named X, is owned by Trump ally, Ally Elon Musk “Permanent suspension” president From its platform.
After purchasing the company at a price of 4.4 billion US dollars, Mr. Musk restored Trump’s account In 2022, after a poll, he almost supported the scene.
On Wednesday, after the Chinese AI App SEEPSEEK rose suddenly, Meta defended its investment of $ 65 billion in artificial intelligence (AI).
Mr. Zuckerberg told investors that there are many things to learn from DeepSeek, but now it is too early to mean that the application’s future of AI means.
He added: “If so, I think the recent news has only strengthened that we believe this is the right thing for us.”
After DeepSeek’s popularity, many US technology stocks this week sank this weekAlthough Meta (Meta) prevents this trend by rising.
After the stock’s expected financial performance was better than expected financial results on Wednesday, the stock volume of the stock increased.
However, about The advancement of Chinese artificial intelligence means what does the American AI market mean Considering that Deepseek’s statement is developed in a small part of the cost of American competitors.
Mr. Zuckerberg said on Wednesday’s phone call to investors that the rise of Deepseek has strengthened his faith in the company’s embrace of the “open source” AI.
Facebook, Instagram and WhatsApp’s parent company Meta is different from many American companies.
Mr. Zuckerberg said on Wednesday that he believes that this method is very important for maintaining the United States at the forefront, because countries around the world have competed to become a key participant in the development industry.
He said: “There will be an open source standard in the world. I think that for our own national advantages, it is important that it is the US standard.”
“We take this seriously. We want to build the AI ​​system that people are using people around the world.”
Meta announced last week that it plans to spend up to $ 65 billion this year to expand its AI infrastructure.
Mr. Zuckerberg acknowledged how to guide the best guidance of AI investment on Wednesday, but told investors that it makes sense for his company to provide services to billions of people around the world.
He said: “I dare to bet, and the ability to build this infrastructure will be a main advantage-for the quality of service and the scale that we can serve.”
He said that for companies in other fields, this is also a key year. He said that this year will be the key to determining whether the company’s smart glasses will take off.
Mr. Zuckerberg said he hoped that all glasses would be replaced by smart glasses in ten years, which was his repeated forecast on Wednesday.
He also talked about the “cultural correlation” plan to restore Facebook. Facebook’s social media scene launched his wealth, but compared with other products such as Instagram and Tiktok, it has lost its favor.
Mr. Zuckerberg also defended the decision to verify the facts that he recently announced. He believes that he believes that the plan for community bills will be more effective.
He said that due to its changes, the company’s demand for advertisers did not hit.
