Current:Home > InvestMeta donates $1 million to Trump’s inauguration fund -RiseUp Capital Academy
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-21 00:53:13
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! (753)
Related
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Escaped killer Danelo Cavalcante planned to go to Canada, says searchers almost stepped on him multiple times
- Ex-Guatemala anti-corruption prosecutor granted asylum in US
- Is Gen Z sad? Study shows they're more open about struggles with mental health
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- China promotes economic ‘integration’ with Taiwan while militarily threatening the island
- Internet service cost too high? Look up your address to see if you're overpaying
- Dominican Republic to close all borders despite push to resolve diplomatic crisis
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Brian Burns' push for massive contract is only getting stronger as Panthers LB dominates
Ranking
- Travis Hunter, the 2
- Ukrainian forces reclaim a village in the east as part of counteroffensive
- Police detain 233 people for alleged drug dealing at schools in Albania
- Relatives and activists call for police to release video of teen’s fatal shooting
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- How Real Housewives Alum Jen Shah and Elizabeth Holmes Have Bonded in Prison
- Casino giant Caesars Entertainment reports cyberattack; MGM Resorts says some systems still down
- Dominican Republic to close all borders despite push to resolve diplomatic crisis
Recommendation
B.A. Parker is learning the banjo
Texas AG Ken Paxton’s impeachment trial is almost over. This is what happened and what’s next
Hollywood writers aim to resume strike negotiations with film, TV studios after failed talks
Protecting Margaritaville: Jimmy Buffett, Bama and the Fight to Save the Manatee
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
As captured fugitive resumes sentence in the U.S., homicide in his native Brazil remains unsolved
Detroit automakers and auto workers remain far from a deal as end-of-day strike deadline approaches
AP PHOTOS: Satellite images show flood devastation that killed more than 11,000 in Libya