Meta will pay $25 million to settle Donald Trump's 2021 lawsuit against the tech company, which came after the president's social media accounts were suspended following the events of Jan. 6, 2021.

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 riot at the U.S. Capitol that year. The Associated Press said it spoke with three sources familiar with the agreement.