India, Jan. 29 -- Meta Platforms (META) agreed to pay about $25 million to settle a 2021 lawsuit filed by President Donald Trump against the company and its Chief Executive Officer, Mark Zuckerberg. This lawsuit followed the suspension of Trump's accounts on the social-media platform after the attack on the U.S. Capitol, the Wall Street Journal reported citing people familiar with the agreement.
According to the Journal, $22 million of the settlement will fund Trump's future presidential library, while the remaining amount will cover legal fees and payments to other plaintiffs involved in the case.
Trump had criticized social media platforms for suspending his accounts after the January 6, 2021 insurrection, and for comments he made that ...