Current:Home > reviewsMeta donates $1 million to Trump’s inauguration fund -MoneyFlow Academy
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-17 05:59:10
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! (29544)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
- Syrian rebel leader says he will dissolve toppled regime forces, close prisons
- When does 'No Good Deed' come out? How to watch Ray Romano, Lisa Kudrow's new dark comedy
- 'We're reborn!' Gazans express joy at returning home to north
- She grew up in an Arizona church community. Now, she claims it was actually a religious cult.
- Taylor Swift makes history as most decorated artist at Billboard Music Awards
- See Mariah Carey and Nick Cannon's Twins Monroe and Moroccan Gift Her Flowers Onstage
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Stop & Shop is using grocery store kiosks to make digital
Ranking
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Woody Allen and Soon
- American who says he crossed into Syria on foot is freed after 7 months in detention
- 'The Voice' Season 26 finale: Coach Michael Bublé scores victory with Sofronio Vasquez
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Luigi Mangione Case: Why McDonald's Employee Who Reported Him Might Not Get $60,000 Reward
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- North Dakota regulators consider underground carbon dioxide storage permits for Midwest pipeline
Recommendation
Could your smelly farts help science?
'Maria' review: Angelina Jolie sings but Maria Callas biopic doesn't soar
Morgan Wallen sentenced after pleading guilty in Nashville chair
Kylie Kelce's podcast 'Not Gonna Lie' tops Apple, Spotify less than a week after release
Why members of two of EPA's influential science advisory committees were let go
She grew up in an Arizona church community. Now, she claims it was actually a religious cult.
The burial site of the people Andrew Jackson enslaved was lost. The Hermitage says it is found
Oregon lawmakers to hold special session on emergency wildfire funding