Current:Home > StocksMeta donates $1 million to Trump’s inauguration fund -MarketPoint
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-27 19:09:37
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 $500,000 to Trump in 2017 and Biden in 2021.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
veryGood! (5927)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Virginia man arrested on suspicion of 'concealment of dead body' weeks after wife vanishes
- Death of Connecticut man found in river may be related to flooding that killed 2 others, police say
- Trump-backed Alaska Republican withdraws from US House race after third-place finish in primary
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Kansas City Chiefs make Creed Humphrey highest-paid center in NFL
- Death of Connecticut man found in river may be related to flooding that killed 2 others, police say
- LMPD officer at the scene of Scottie Scheffler's arrest charged with theft, misconduct
- Retirement planning: 3 crucial moves everyone should make before 2025
- Watch: Young fan beams after getting Jose Altuve's home run bat
Ranking
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- In Alabama Meeting, TVA Votes to Increase the Cost of Power, Double Down on Natural Gas
- New Orleans is finally paying millions of dollars in decades-old legal judgments
- Beware, NFL rookie QBs: Massive reality check is coming
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Parents charged after baby fatally mauled by dogs; pair accused of leaving baby to smoke
- A$AP Rocky Shares Why Girlfriend Rihanna Couldn’t Be a “More Perfect Person”
- Why Taylor Swift Is “Blown Away” by Pals Zoë Kravitz and Sabrina Carpenter
Recommendation
Woman dies after Singapore family of 3 gets into accident in Taiwan
Norway proposes relaxing its abortion law to allow the procedure until 18th week of pregnancy
Kelly Osbourne Sends Warning Message After Boyfriend Sid Wilson Is Hospitalized With Burn Injuries
Trump-backed Alaska Republican withdraws from US House race after third-place finish in primary
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Logan Paul Addresses Accusation He Pushed Dog Off Boat in Resurfaced Video
NASA decides to keep 2 astronauts in space until February, nixes return on troubled Boeing capsule
The surprising story behind how the Beatles went viral in 1964