Current:Home > MarketsMeta donates $1 million to Trump’s inauguration fund -ValueMetric
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-12 03:23:07
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! (23888)
Related
- Organizers cancel Taylor Swift concerts in Vienna over fears of an attack
- NFL world honors 'a wonderful soul' after Chris Mortensen's death at 72
- 2024 NFL mock draft: Six QBs land in top 16 picks of post-combine shake-up
- Kitchen Must-Haves for 2024: Kitchen Gadgets, Smart Appliances, and More You Need Now
- The Best Stocking Stuffers Under $25
- New York City nearly resolves delays in benefits to thousands of low income residents, mayor says
- TLC’s Chilli Is a Grandma After Son Tron Welcomes Baby With His Wife Jeong
- Do AI video-generators dream of San Pedro? Madonna among early adopters of AI’s next wave
- Chief beer officer for Yard House: A side gig that comes with a daily swig.
- Joshua Jackson and Lupita Nyong'o Confirm Romance With PDA-Filled Tropical Getaway
Ranking
- FBI: California woman brought sword, whip and other weapons into Capitol during Jan. 6 riot
- Photos show humpback whale washed up on Virginia Beach: Officials to examine cause of death
- Israel faces mounting condemnation over killing of Palestinians in Gaza City aid distribution melee
- Biden says U.S. will airdrop humanitarian aid to Gaza
- US appeals court rejects Nasdaq’s diversity rules for company boards
- NHL trade deadline primer: Team needs, players who could be dealt
- California officials give Waymo the green light to expand robotaxis
- The Flash’s Grant Gustin and Wife LA Thoma Expecting Baby No. 2
Recommendation
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
The Flash’s Grant Gustin and Wife LA Thoma Expecting Baby No. 2
Man City’s 3-1 win against Man United provides reality check for Jim Ratcliffe
U.S. Sen. Kevin Cramer’s son pleads not guilty to charges for events before fatal North Dakota chase
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Jonathan Majors, Meagan Good make red carpet debut a month before his assault sentencing
'Expanding my pod': Lala Kent expecting her second baby, 'Vanderpump Rules' star announces
Falls off US-Mexico border wall in San Diego injure 11 in one day, 10 are hospitalized