Current:Home > reviewsMeta donates $1 million to Trump’s inauguration fund -Wealth Impact Academy
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-16 04:01:10
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! (5948)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- On California’s Coast, Black Abalone, Already Vulnerable to Climate Change, are Increasingly Threatened by Wildfire
- 3 events that will determine the fate of cryptocurrencies
- Anthropologie's Epic 40% Off Sale Has the Chicest Summer Hosting Essentials
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Looking for Amazon alternatives for ethical shopping? Here are some ideas
- Make Your Jewelry Sparkle With This $9 Cleaning Pen That Has 38,800+ 5-Star Reviews
- Southwest faces investigation over holiday travel disaster as it posts a $220M loss
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Colorado woman dies after 500-foot fall while climbing at Rocky Mountain National Park
Ranking
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Planes Sampling Air Above the Amazon Find the Rainforest is Releasing More Carbon Than it Stores
- Southwest faces investigation over holiday travel disaster as it posts a $220M loss
- Inside Clean Energy: 6 Things Michael Moore’s ‘Planet of the Humans’ Gets Wrong
- The White House is cracking down on overdraft fees
- Hollywood actors agree to federal mediation with strike threat looming
- Here's what's at stake in Elon Musk's Tesla tweet trial
- The tax deadline is Tuesday. So far, refunds are 10% smaller than last year
Recommendation
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules
The South’s Communication Infrastructure Can’t Withstand Climate Change
Forests of the Living Dead
Sam Taylor
Why higher winter temperatures are affecting the logging industry
Judge Scales Back Climate Scientist’s Case Against Bloggers
H&R Block and other tax-prep firms shared consumer data with Meta, lawmakers say