Current:Home > InvestMeta donates $1 million to Trump’s inauguration fund -FundSphere
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-25 04:16:00
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! (1883)
Related
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Democrat Cleo Fields wins re-drawn Louisiana congressional district, flipping red seat blue
- Democrat Ruben Gallego wins Arizona US Senate race against Republican Kari Lake
- How many dog breeds are there? A guide to groups recognized in the US
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Mixed Use
- The ancient practice of tai chi is more popular than ever. Why?
- Judith Jamison, acclaimed Alvin Ailey American dancer and director, dead at 81
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Blake Shelton Announces New Singing Competition Show After Leaving The Voice
Ranking
- Trump wants to turn the clock on daylight saving time
- Pitchfork Music Festival to find new home after ending 19-year run in Chicago
- Love Is Blind’s Chelsea Blackwell Reacts to Megan Fox’s Baby News
- Democrat Cleo Fields wins re-drawn Louisiana congressional district, flipping red seat blue
- Police remove gator from pool in North Carolina town: Watch video of 'arrest'
- Rōki Sasaki is coming to MLB: Dodgers the favorite to sign Japanese ace for cheap?
- Man accused of killing American tourist in Budapest, putting her body in suitcase: Police
- The Daily Money: Markets react to Election 2024
Recommendation
A steeplechase record at the 2024 Paris Olympics. Then a proposal. (He said yes.)
Karol G addresses backlash to '+57' lyric: 'I still have a lot to learn'
Advocates Expect Maryland to Drive Climate Action When Trump Returns to Washington
Voters in Oakland oust Mayor Sheng Thao just 2 years into her term
Police remove gator from pool in North Carolina town: Watch video of 'arrest'
Indiana man is found guilty of murder in the 2017 killings of 2 teenage girls
Video shows Starlink satellite that resembled fireball breaking up over the Southwest: Watch
Threat closes Spokane City Hall and cancels council meeting in Washington state