Current:Home > InvestMeta donates $1 million to Trump’s inauguration fund -WealthSpot
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-18 15:21:53
NEW YORK (AP) — Meta, the parent company of Facebook and Instagram, said it has donated $1 million to President-elect Donald Trump’s inauguration fund.
The donation comes just weeks after Meta CEO Mark Zuckerberg met with Trumpprivately at Mar-a-Lago. A Meta spokesperson confirmed the offering Thursday. The news was first reported by The Wall Street Journal.
Stephen Miller, who has been appointed deputy chief of staff for Trump’s second term, has said that Zuckerberg, like other business leaders, wants to support Trump’s economic plans. The tech CEO has been seeking to change his company’s perception on the right following a rocky relationship with Trump.
Trump was kicked off Facebook following the Jan. 6, 2021 attack on the U.S. Capitol. The company restored his account in early 2023.
During the 2024 campaign, Zuckerberg did not endorse a candidate for president but has voiced a more positive stance toward Trump. Earlier this year, he praised Trump’s response to his first assassination attempt.
Still, Trump had continued to attack Zuckerberg publicly during the campaign. In July, he posted a message on his own social network Truth Social threatening to send election fraudsters to prison in part by citing a nickname he used for the Meta CEO. “ZUCKERBUCKS, be careful!” Trump wrote.
Corporations have traditionally made up a large share of donors to presidential inaugurals, with an exception in 2009, when then-President-elect Barack Obama refused to accept corporate donations. He reversed course for his second inaugural in 2013.
Facebook did not donate to either Biden’s 2021 inaugural or Trump’s 2017 inaugural.
Google donated $285,000 each to Trump first inaugural and Biden’s inaugural, according to Federal Election Commission records. Inaugural committees are required to disclose the source of their fundraising, but not how they spend the money. Microsoft gave $1 million to Obama’s second inaugural, but only $500,000 to Trump in 2017 and Biden in 2021.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
veryGood! (435)
Related
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Looking for a deal on a beach house this summer? Here are some tips.
- Here Are 15 LGBTQ+ Books to Read During Pride
- Kick off Summer With a Major Flash Sale on Apple, Dyson, Peter Thomas Roth, Tarte, and More Top Brands
- Don't let hackers fool you with a 'scam
- California Attorney General Investigates the Oil and Gas Industry’s Role in Plastic Pollution, Subpoenas Exxon
- DOJ sues to block JetBlue-Spirit merger, saying it will curb competition
- Exploring Seinfeld through the lens of economics
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Kylie Jenner and Stormi Webster Go on a Mommy-Daughter Adventure to Target
Ranking
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Why we usually can't tell when a review is fake
- Timeline: Early Landmark Events in the Environmental Justice Movement
- California Attorney General Investigates the Oil and Gas Industry’s Role in Plastic Pollution, Subpoenas Exxon
- 2025 'Doomsday Clock': This is how close we are to self
- USWNT soccer players to watch at the 2023 Women's World Cup as USA looks for third straight title
- China is restructuring key government agencies to outcompete rivals in tech
- Inside Clean Energy: The Right and Wrong Lessons from the Texas Crisis
Recommendation
Skins Game to make return to Thanksgiving week with a modern look
Farming Without a Net
Warming Trends: Americans’ Alarm Grows About Climate Change, a Plant-Based Diet Packs a Double Carbon Whammy, and Making Hay from Plastic India
Amazon pauses construction in Virginia on its second headquarters
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
California will cut ties with Walgreens over the company's plan to drop abortion pills
Kylie Jenner and Stormi Webster Go on a Mommy-Daughter Adventure to Target
Most Agribusinesses and Banks Involved With ‘Forest Risk’ Commodities Are Falling Down on Deforestation, Global Canopy Reports