Current:Home > MarketsMeta donates $1 million to Trump’s inauguration fund -MoneyFlow Academy
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-18 18:53:37
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! (79129)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Elon Musk says he may need surgery before proposed ‘cage match’ with Mark Zuckerberg
- Moving to a college dorm? Here's how you can choose a reliable mover and avoid scams
- A simpler FAFSA is coming for the 2024-25 school year. Here's what to expect.
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Justice Department requests protective order in Trump election interference case to limit his public comments
- Survival teacher Woniya Thibeault was asked about a nail salon. Instead, she won 'Alone.'
- Death toll from train derailment in Pakistan rises to 30 with 90 others injured, officials say
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Russian warship appears damaged after Ukrainian drone attack on Black Sea port of Novorossiysk
Ranking
- The Grammy nominee you need to hear: Esperanza Spalding
- Queen Latifah, Chuck D and more rap legends on ‘Rapper’s Delight’ and their early hip-hop influences
- Liberty University freshman offensive lineman Tajh Boyd dies at age 19
- Arsenal beats Man City in penalty shootout to win Community Shield after stoppage-time equalizer
- B.A. Parker is learning the banjo
- Kate Spade 24-Hour Flash Deal: Get This $260 Crossbody Bag for Just $59
- Man whose body was found in a barrel in Malibu had been shot in the head, coroner says
- Historian on Trump indictment: The most important criminal trial in American history
Recommendation
Intellectuals vs. The Internet
USWNT humbled by Sweden, again. Epic World Cup failure ends with penalty shootout
Tens of thousands of young scouts to leave South Korean world jamboree as storm Khanun looms
Turn Your Home Into a Barbie Dream House With These 31 Finds Under $60
Former Danish minister for Greenland discusses Trump's push to acquire island
26 horses killed in barn fire at riding school in Georgia
Iran opens registration for candidates in next year’s parliament election, the first since protests
In Youngstown, a Downtown Tire Pyrolysis Plant Is Called ‘Recipe for Disaster’