YouTube Settles Trump Lawsuit—With $22 Million Going Toward White House Ballroom

Core Points - YouTube has officially settled a lawsuit with President Donald Trump regarding his suspension from the platform, agreeing to pay $24.5 million [1] - The settlement includes a specific allocation of $22 million to the nonprofit Trust for the National Mall for the construction of Trump's White House ballroom [2] - YouTube, Google, and parent company Alphabet did not admit any wrongdoing in the case, despite Trump's accusations of censorship related to the suspension of his account [3] Company Summary - YouTube's decision to suspend Trump's account was based on a violation of its terms of service, particularly a policy against inciting violence [3] - The settlement represents a significant financial commitment from YouTube, marking it as one of the latest in a series of settlements involving Big Tech and Trump this year [1][2] - The lack of admission of wrongdoing by YouTube and its parent companies indicates a strategic approach to legal challenges and public relations [2][3]