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Alphabet firm YouTube to pay USD22 million in settlement with Trump

by UCapital MediaUCapital News newsroom1 min read
Alphabet firm YouTube to pay USD22 million in settlement with Trump

Alphabet Inc company YouTube has agreed to pay USD22 million to settle a lawsuit filed by President Donald Trump after it suspended his account over the January 6, 2021 attack on the Capitol, according to a court document released Monday.


The online video platform, a Google subsidiary, is the latest technology firm to settle with Trump after he went to court in July 2021 over his suspension.


Alphabet class A shares closed down 1.0% at USD244.05 in New York on Monday before rising 0.2% after hours, while class C shares ended 1.1% lower at USD244.36 before rising 0.1% after hours.

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UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.

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