Meta Marked

Meta has to pay up:

President Trump signed a settlement agreement at the White House Wednesday to end the lawsuit he brought against Meta after the company suspended his account in the aftermath of the January 6 attack on the Capitol, according to a person familiar with the matter. Trump signed the agreement that, according to a preliminary draft, requires Meta to pay out roughly $25 million, $22 million of which will go to a fund for Trump’s forthcoming presidential library. The remaining amount goes to attorneys’ fees and the other plaintiffs, a person familiar with the matter said. The settlement comes after Zuckerberg has worked to ingratiate himself with Trump since he won the 2024 election, donating $1 million to his inauguration and then attending as he sat alongside Cabinet members. He also relaxed new content moderation rules on Facebook, Instagram and Threads, scrapping partnerships with third-party fact-checking groups and move toward an X-style “community notes” system instead.

X marks the spot...