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WSJ Tech News Briefing

TNB Tech Minute: Trump Signs Agreement Calling for Meta to Pay $25 MIllion to Settle Suit

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 29 January 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus, OpenAI investigates the Chinese company DeepSeek. Microsoft’s cloud-business growth slows. And Meta sales soar to record. Belle Lin hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Americans love using their credit cards, the most secure and hassle-free way to pay.

0:04.0

But DC politicians want to change that with the Durban Marshall Credit Card Bill.

0:08.0

This bill lets corporate megastores pick how your credit card is processed,

0:13.0

allowing them to use untested payment networks that jeopardize your data security and rewards.

0:18.0

Corporate megastores will make more money and you pay the price.

0:22.1

Tell Congress to guard your card because Americans lose when politicians choose. Learn more at

0:28.1

guard your card.com. Here's your TNB Tech Minute for Wednesday, January 29th. I'm Bell

0:36.9

Lynn for the Wall Street Journal. We are exclusively

0:40.4

reporting that META has agreed to pay roughly $25 million to settle a 2021 lawsuit that President

0:48.7

Trump brought against the company and its CEO after META suspended his accounts following the attacks on the U.S. Capitol

0:56.1

that year. That's according to people familiar with the agreement. A meta spokesman confirmed

1:01.9

the settlement. Of that $25 million, $22 million will go toward a fund for Trump's presidential

1:08.4

library, with the rest going to legal fees and the other plaintiffs

1:12.5

who signed onto the case. People familiar with the agreement said META won't admit wrongdoing.

1:19.0

OpenAI is investigating whether the Chinese artificial intelligence startup Deepseek trained its new chatbot

1:25.7

by repeatedly querying the U.S. company's AI models.

1:30.1

A spokesperson said OpenAI is reviewing indications that DeepSeek extricated large volumes of data

1:36.7

from its tools to help develop its technology using a process called distillation.

1:42.8

DeepSeek did not immediately respond to requests for comment.

1:46.7

NewsCorp, owner of the Wall Street Journal, has a content licensing partnership with OpenAI.

1:52.8

In earnings news, Microsoft's flagship cloud computing business experienced a slowdown in growth this quarter.

1:59.8

Constraints on data center supply prevented the company from meeting booming demand from

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