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The recent agreement with X marks a pivotal moment, as it makes X the second social media platform to resolve a lawsuit with Trump over similar issues. Notably, Meta Platforms, headed by CEO Mark Zuckerberg, previously settled with Trump for a substantial $25 million, of which a significant portion—approximately $22 million—was earmarked to support Trump’s Presidential Library.
The settlement with X aligns with a rising trend of corporations attempting to navigate the complex landscape of free speech versus content moderation. In December 2022, ABC News also found itself settling a defamation lawsuit with Trump for $15 million after controversial comments made by one of its anchors.