Current:Home > StocksMeta donates $1 million to Trump’s inauguration fund -MarketStream
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-15 07:01:11
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! (22)
Related
- Carolinas bracing for second landfall from Tropical Storm Debby: Live updates
- These evangelicals are voting their values — by backing Kamala Harris
- Testimony begins in trial for ex-sergeant charged in killing of Virginia shoplifting suspect
- FAA investigating after Delta passengers report bleeding ears and noses
- Immigration issues sorted, Guatemala runner Luis Grijalva can now focus solely on sports
- Hayden Panettiere breaks silence on younger brother's death: 'I lost half my soul'
- See Jamie Lynn Spears' Teen Daughter Maddie Watson All Dressed Up for Homecoming Court
- Pro Football Hall of Fame class of 2025 nominees include Eli Manning, Marshawn Lynch
- Kourtney Kardashian Cradles 9-Month-Old Son Rocky in New Photo
- Brewers clinch NL Central Division title with Cubs' loss to A's
Ranking
- US auto safety agency seeks information from Tesla on fatal Cybertruck crash and fire in Texas
- Tyler Henry on Netflix's 'Live from the Other Side' and the 'great fear of humiliation'
- Lady Gaga Explains Why She Never Addressed Rumors She's a Man
- Shop Hollister's Extra 20% Off Clearance Sale: Up to 75% Off on $4 Tops, $12 Pants & More Deals Under $25
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Memories of the earliest Tupperware parties, from one who was there
- MLB playoff picture: Wild card standings, latest 2024 division standings
- Target Fall Clothes That Look Expensive: Chic Autumn Outfits on a Budget
Recommendation
9/11 hearings at Guantanamo Bay in upheaval after surprise order by US defense chief
KIND founder Daniel Lubetzky joins 'Shark Tank' for Mark Cuban's final season
Video shows masked robbers plunging through ceiling to steal $150,000 from Atlanta business
Testimony begins in trial for ex-sergeant charged in killing of Virginia shoplifting suspect
Retirement planning: 3 crucial moves everyone should make before 2025
Jordan Love injury update: Is Packers QB playing Week 3 vs. Titans?
Los Angeles area sees more dengue fever in people bitten by local mosquitoes
District attorney appoints special prosecutor to handle Karen Read’s second trial