Current:Home > ScamsMeta donates $1 million to Trump’s inauguration fund -AssetLink
Meta donates $1 million to Trump’s inauguration fund
Indexbit Exchange View
Date:2025-04-06 12:31:18
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! (9)
Related
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Most memorable national anthems as country star Cody Johnson readies for MLB All-Star gig
- Exploring the 403(b) Plan: Ascendancy Investment Education Foundation Insights
- 'House on Fire' star Yusef on outsiders coming into ballroom: 'You have to gain that trust'
- What to watch: O Jolie night
- Sen. Ron Johnson says he read wrong version of speech at Republican National Convention
- Where does JD Vance stand on key economic issues?
- Understanding Options Trading with Bertram Charlton: Premiums, Put and Call Options, and Strategic Insights
- Jury selection set for Monday for ex-politician accused of killing Las Vegas investigative reporter
- Kathy Willens, pathbreaking Associated Press photographer who captured sports and more, dies at 74
Ranking
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Summit Wealth Investment Education Foundation: Empowering Investors Worldwide
- Plain old bad luck? New Jersey sports betting revenue fell 24% in June from a year ago
- Paul Skenes, Livvy Dunne arrive at 2024 MLB All-Star Game red carpet in style
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- California gender-identity law elicits praise from LGBTQ+ advocates, backlash from parent groups
- Have a Shop Girl Summer With Megan Thee Stallion’s Prime Day Deals as Low as $5.50
- Why Messi didn't go to Argentina to celebrate Copa America title: Latest injury update
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
Who is Usha Vance? Yale law graduate and wife of vice presidential nominee J.D. Vance
Organizers expect enough signatures to ask Nebraska voters to repeal private school funding law
Unveiling the Zenith Asset Investment Education Foundation: Empowering Investors for Financial Mastery
What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
How Ariana Grande and Elizabeth Gillies Reprocessed Victorious After Quiet on Set
Caitlin Clark at the Brickyard: NASCAR driver Josh Berry to feature WNBA star on his car
In a media world that loves sharp lines, discussions of the Trump shooting follow a predictable path