Current:Home > StocksMeta donates $1 million to Trump’s inauguration fund -Capitatum
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-12 08:31:46
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! (32)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Mast snaps aboard historic Maine schooner, killing 1 and injuring 3
- Fantasy football stock watch: Vikings rookie forced to step forward
- As Israel pummels Gaza, families of those held hostage by militants agonize over loved ones’ safety
- Man charged with murder in death of beloved Detroit-area neurosurgeon
- Soccer Star Neymar Welcomes First Baby With Girlfriend Bruna Biancardi 3 Months After Cheating Rumors
- Loved 'Book of Mormon?' Josh Gad, Andrew Rannells are back with hilarious new 'Gutenberg!'
- Dodge, Nissan and Mercedes-Benz among 280,000 vehicles recalled: Check car recalls here
- Meet 11-year-old skateboarder Zheng Haohao, the youngest Olympian competing in Paris
- Horoscopes Today, October 8, 2023
Ranking
- NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
- Las Vegas-area teachers union challenges law prohibiting members from striking
- How's your 401k doing after 2022? For retirement-age Americans, not so well
- U.S. working to verify reports of Americans dead or taken hostage in Israel attack, Blinken says
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Louisiana public school principal apologizes after punishing student for dancing at a party
- Hong Kong eyes stronger economic and trade ties with Thailand to expand its role in Southeast Asia
- Nancy Mace says she supports Jim Jordan for House speaker
Recommendation
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
Can cream cheese be frozen? What to know to preserve the dairy product safely.
Oregon announces record $5.6B tax kicker thanks to historic revenue surplus
Ted Schwinden, who served two terms as Montana governor, dies at age 98
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
Israelis search for loved ones with posts and pleas on social media
California governor vetoes bill requiring independent panels to draw local voting districts
Apple is urging everyone to update iPhone and iPad iOS (again). Why you should do it now.