After a lengthy legal battle, Meta, formerly known as Facebook, has agreed to pay $25 million to settle a lawsuit filed by former President Donald Trump. The lawsuit initially stemmed from Meta's decision to ban Trump from the platform following the January 6th Capitol riot.

The settlement comes after months of negotiations and court proceedings. In a statement, Meta CEO Mark Zuckerberg expressed relief that the matter has finally been resolved. "We are pleased to put this behind us and move forward," he said.

The $25 million settlement will likely come as a financial blow to Meta, but the company is hopeful that putting the lawsuit to rest will allow them to focus on their core business objectives. This settlement marks a significant moment in the ongoing debate surrounding social media platforms' role in regulating political content.

While the specifics of the settlement have not been made public, this resolution may set a precedent for future cases involving high-profile individuals and social media companies. The agreement demonstrates the potential financial ramifications of platform decisions on a political level and emphasizes the importance of clear, consistent policies when dealing with controversial content.