President Trump on Wednesday settled a lawsuit that will require Meta to pay about $25 million, most of which will fund a presidential library, multiple outlets reportedand a source familiar confirmed to Axios.

Why it matters: Meta shut down Trump’s Facebook and Instagram accounts for about two years after the Jan. 6 Capitol riot. However, since Trump’s reelection, CEO Mark Zuckerberg has cozied up to the new administration.

    • Lemminary
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      fedilink
      16 hours ago

      This is pocket change for him. I don’t think there’s much spreading going on.