Meta agrees to pay $25 million to settle Trump's 2021 lawsuit over suspended accounts
Washington, D.C.: Meta, the social media conglomerate led by Mark Zuckerberg, has agreed to pay former U.S. President Donald Trump $25 million (approximately ₹216 crore) as part of a lawsuit settlement.
Trump had sued Meta after his Facebook and Instagram accounts were suspended in 2021 following his incendiary remarks and false claims related to the January 6 U.S. Capitol riots. The lawsuit argued that the ban was unjust and violated his rights.
Zuckerberg, who initially distanced himself from Trump, has since engaged more with him. Reports indicate that Meta has also cut back on its fact-checking mechanisms, replacing them with a system similar to X’s community notes, a move seen as an effort to align with Trump’s interests.
Meanwhile, Meta’s stock performed well despite a broader market decline. On Wednesday, while major indices like Dow Jones, Nasdaq, and S&P 500 closed in red following the U.S. Federal Reserve’s decision to hold interest rates, Meta’s shares ended the day at $676.49, marking a 0.32% gain.
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Vijay''s TVK wins an impressive 108 seats in TN polls
Chennai (PTI): Vijay-led TVK secured an impressive 108 seats trouncing the incumbent DMK led by M K Stalin which finished with only 59 seats in the Tamil Nadu Assembly elections held on April 23, as per the final tally of the ECI on Tuesday.
The opposition AIADMK won 47 seats while its allies the PMK obtained 4 and the BJP and AMMK clinched one seat each respectively in the election, according to the data available on the Election commission of India's website.
The DMK's allies - the Congress managed to win 5 seats, the IUML, CPI, CPI (M), and VCK: 2 each and DMDK secured one seat, among a total of 234 Assembly constituencies in the state.
The votes were taken up for counting on May 4 and the final tally was announced on Tuesday.
Actor-politician Vijay's Tamilaga Vettri Kazhagam on Monday created a record of sorts in the electoral history of Tamil Nadu and emerged as the single largest party by delivering a shock defeat to DMK and its president Stalin in his Kolathur constituency, while the AIADMK was pushed to a distant third spot.
Vijay won from both Perambur and Tiruchirappalli East constituencies.
The TVK has clocked nearly 35 per cent (34.92) vote share in its debut polls.
This will be the first time in Tamil Nadu that a party will assume power a little over two years after its founding in February 2024.
