Meta Platforms posted record revenue in the fourth quarter, aided by artificial-intelligence improvements to its ads business.The Facebook and Instagram parent reported a 21% increase in sales and $20.

Meta has agreed to pay $25 million to settle a lawsuit filed by President Donald Trump against the company after it suspended his accounts following the Jan. 6, 2021 attack on the Capitol, AP sources said.

Meta said it would pay $25 million to settle a four-year-old lawsuit from President Donald Trump over the social media company’s decision to suspend Trump’s accounts after the Jan. 6 Capitol riot.

Meta Platforms will pay $25 million to resolve a lawsuit President Trump brought in 2021 over the suspension of his social media accounts after the Jan. 6 Capitol riot.

Meta — and the rest of Big Tech — has been chasing face computers for years. Maybe 2025 will be the year it happens?

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.

According to reporting by the Wall Street Journal, President Donald Trump has reportedly signed settlement papers expected to require Meta Platforms to pay approximately $25 million to resolve a 2021 lawsuit he filed after the company suspended his accounts following the attacks on the U.S. Capitol that year.

Brought by Trump in 2021, the lawsuit alleged Meta improperly suspended his social media accounts following the January 6 attack at the capitol.

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg defended the company’s ambitious spending plans, predicting a “really big year” in which its artificial intelligence assistant will become the most widely used in the industry.

The president had sued the social-media company after his accounts were suspended following the Jan. 6 riot at the U.S. Capitol.

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 reported and a source familiar confirmed to Axios.