Current:Home > StocksMeta donates $1 million to Trump’s inauguration fund -GlobalTrade
Meta donates $1 million to Trump’s inauguration fund
Rekubit View
Date:2025-04-10 04:48:58
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! (1984)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- The Turkish president is to meet Putin with the aim of reviving the Ukraine grain export deal
- Racism in online gaming is rampant. The toll on youth mental health is adding up
- A sea of mud at Burning Man, recent wave of Trader Joe's recalls: 5 Things podcast
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Who is the NFL's highest-paid cornerback? A look at the 32 top salaries for CBs in 2023.
- What is Burning Man? What to know about its origin, name and what people do there
- Jimmy Buffett, Margaritaville singer, dies at 76
- South Korean president's party divided over defiant martial law speech
- Aerosmith is in top form at Peace Out tour kickoff, showcasing hits and brotherhood
Ranking
- Former Syrian official arrested in California who oversaw prison charged with torture
- ‘Equalizer 3’ cleans up, while ‘Barbie’ and ‘Oppenheimer’ score new records
- CNN's new Little Richard documentary is a worthy tribute to the rock 'n' roll legend
- How to make a meaningful connection with a work of art
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Is the stock market open on Labor Day? What to know about Monday, Sept. 4 hours
- 5 people have pleaded not guilty to Alabama riverfront brawl charges
- Peacock, Big Ten accidentally debut 'big turd' sign on Michigan-East Carolina broadcast
Recommendation
'Most Whopper
MLB power rankings: Rangers, Astros set to clash as 3-team race with Mariners heats up
At least 1 dead as storms sweep through Las Vegas
What does 'rn' mean? Here are two definitions you need to know when texting friends.
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Lobstermen Face Hypoxia in Outer Cape Waters
How to make a meaningful connection with a work of art
Adele tells crowd she's wearing silver for Beyoncé show: 'I might look like a disco ball'