Current:Home > StocksMeta donates $1 million to Trump’s inauguration fund -SummitInvest
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-13 11:14:45
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! (65299)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- 2 bodies found inside 'human-dug' cave in Los Angeles area, authorities say
- Pamela Anderson Ends Makeup-Free Streak With Eye-Catching 2024 Met Gala Debut
- Pro-Palestinian protesters retake MIT encampment, occupy building at Rhode Island School of Design
- Why members of two of EPA's influential science advisory committees were let go
- All eyes on The Met: What celebs will see inside Monday's high-fashion gala
- Woman in Minnesota accused in the deaths of 2 children
- Kim Kardashian Reveals the Story Behind Her Confusing Met Gala Sweater
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Who will face Chiefs in NFL season opener? Ranking eight candidates from worst to best
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Man arrested after two women were fatally shot, 10-month-old girl abducted in New Mexico
- Teyana Taylor Debuts Blonde Bombshell Transformation at 2024 Met Gala
- Live camera shows peregrine falcons nesting on Alcatraz Island decades after species was largely wiped out from the state
- Federal hiring is about to get the Trump treatment
- Why Justin Timberlake Didn't Attend the 2024 Met Gala With Jessica Biel
- South Carolina lawmakers rekindle bill limiting how topics like race are taught
- Kim Kardashian Reveals the Story Behind Her Confusing Met Gala Sweater
Recommendation
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
These Picks From Gymshark's Extra 30% Off Sale Are Worth Their Weight: $14 Tanks, $26 Leggings & More
At least 14 killed after flood and landslide hit Indonesia's Sulawesi island
US seeks information from Tesla on how it developed and verified whether Autopilot recall worked
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Tennessee company fined nearly $650K for illegally hiring minors to clean slaughterhouses
University of Kentucky faculty issue no-confidence vote in school president over policy change
Police respond to shooting near Drake's Toronto home, reports say