Current:Home > FinanceMeta donates $1 million to Trump’s inauguration fund -NextFrontier Finance
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-15 19:35:39
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! (32)
Related
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Google ups the stakes in AI race with Gemini, a technology trained to behave more like humans
- Amazon’s internal plans to advance its interests in California are laid bare in leaked memo
- Intelligence report warns of rising foreign terror threats in U.S. amid Israel-Hamas war
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Fantasy football rankings for Week 14: Playoffs or bust
- Why Yellowstone Creator Taylor Sheridan Is Suing Actor Cole Hauser
- Survivors of domestic violence accuse military of purposeful cover-up
- Meta donates $1 million to Trump’s inauguration fund
- A new Dutch parliament has been sworn in after Wilders’ victory in the national election 2 weeks ago
Ranking
- Grammy nominee Teddy Swims on love, growth and embracing change
- Australian Parliament rushes through laws that could see detention of freed dangerous migrants
- Metal detectorist finds very rare ancient gold coin in Norway — over 1,600 miles away from its origin
- Hurry! You Only Have 24 Hours To Save $100 on the Ninja Creami Ice Cream Maker
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Juanita Castro, anti-communist sister of Cuban leaders Fidel and Raul, dies in Miami at 90
- Big bank CEOs warn that new regulations may severely impact economy
- Democratic Wisconsin governor vetoes bill to ban gender-affirming care for kids
Recommendation
Former longtime South Carolina congressman John Spratt dies at 82
Hurry! You Only Have 24 Hours To Save $100 on the Ninja Creami Ice Cream Maker
Cougar struck and killed near Minneapolis likely the one seen in home security video, expert says
Virginia state art museum returns 44 pieces authorities determined were stolen or looted
Questlove charts 50 years of SNL musical hits (and misses)
Taylor Swift Calls Out Kim Kardashian Over Infamous Kanye West Call
Arizona man charged for allegedly inciting religiously motivated terrorist attack that killed 2 officers, bystander in Australia
Kids used sharp knives, power equipment: California poultry plant to pay $3.5M fine