Current:Home > MarketsMeta donates $1 million to Trump’s inauguration fund -PrestigeTrade
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-13 23:26:28
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! (4)
Related
- What to watch: O Jolie night
- The president of a Japanese boy band company resigns and apologizes for founder’s sex abuse
- Dog food recall: Victor Super Premium bags recalled for potential salmonella contamination
- Philanthropies pledge $500 million to address 'crisis in local news'
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- High school football coach whose on-field prayer led to SCOTUS ruling quits after 1 game
- Earth just had its hottest summer on record, U.N. says, warning climate breakdown has begun
- Sophia Bush Wears Dress From Grant Hughes Wedding Reception to Beyoncé Concert
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Everyone’s talking about the Global South. But what is it?
Ranking
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Investigative genetic genealogy links man to series of sexual assaults in Northern California
- Voting online is very risky. But hundreds of thousands of people are already doing it
- Carrasco dismisses criticism of human rights in Saudi Arabia after transfer to Al Shabab
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- AI used to alter imagery or sounds in political ads will require prominent disclosure on Google
- Kim Sejeong is opening the 'Door' to new era: Actress and singer talks first solo album
- Maui beckons tourists, and their dollars, to stave off economic disaster after wildfires
Recommendation
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Judge orders Texas to remove floating barriers aimed at discouraging migrants from entering US
Fugitive killer used previous escapee's 'crab walking' breakout method: Warden
US applications for unemployment benefits fall to lowest level in 7 months
2 killed, 3 injured in shooting at makeshift club in Houston
Felony convictions for 4 ex-Navy officers vacated in Fat Leonard bribery scandal
Man gets 9 years for setting fire that gutted historic, century-old Indiana building
Eric Church, Miranda Lambert and Morgan Wallen to headline Stagecoach 2024