Current:Home > StocksMeta donates $1 million to Trump’s inauguration fund -Achieve Wealth Network
Meta donates $1 million to Trump’s inauguration fund
SafeX Pro View
Date:2025-04-10 08:51:10
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! (16)
Related
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- In-N-Out to ban employees in 5 states from wearing masks
- Inside Clean Energy: Which State Will Be the First to Ban Natural Gas in New Buildings?
- Janet Yellen says the federal government won't bail out Silicon Valley Bank
- Trump's 'stop
- Yes, The Bachelorette's Charity Lawson Has a Sassy Side and She's Ready to Show It
- The Solid-State Race: Legacy Automakers Reach for Battery Breakthrough
- Judge agrees to loosen Rep. George Santos' travel restrictions around Washington, D.C.
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Step up Your Skincare and Get $141 Worth of Peter Thomas Roth Face Masks for Just $48
Ranking
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Warming Trends: The Cacophony of the Deep Blue Sea, Microbes in the Atmosphere and a Podcast about ‘Just How High the Stakes Are’
- This week on Sunday Morning (July 23)
- Honda recalls nearly 500,000 vehicles because front seat belts may not latch properly
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Officer who put woman in police car hit by train didn’t know it was on the tracks, defense says
- Mom of Teenage Titan Sub Passenger Says She Gave Up Her Seat for Him to Go on Journey
- Proposal before Maine lawmakers would jumpstart offshore wind projects
Recommendation
Meta releases AI model to enhance Metaverse experience
The Fed already had a tough inflation fight. Now, it must deal with banks collapsing
Can TikTokkers sway Biden on oil drilling? The #StopWillow campaign, explained
Only New Mexico lawmakers don't get paid for their time. That might change this year
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
Novo Nordisk will cut some U.S. insulin prices by up to 75% starting next year
16-year-old dies while operating equipment at Mississippi poultry plant
Chloë Grace Moretz's Summer-Ready Bob Haircut Will Influence Your Next Salon Visit