Current:Home > InvestMeta donates $1 million to Trump’s inauguration fund -FundGuru
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-12 13:20:07
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! (1)
Related
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Crews search Lake Michigan for 2 Chicago-area men who went missing while boating in Indiana waters
- Driver who plowed through July Fourth crowd in NYC, killing 3 and injuring 8, held without bail
- Torrid heat bakes millions of people in large swaths of US, setting records and fanning wildfires
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Megan Fox, Machine Gun Kelly, Tom Brady, more at Michael Rubin's July 4th party
- Lioness Actor Mike Heslin Dies After Suffering Cardiac Event, Husband Says
- Who is Britain's new Prime Minister Keir Starmer, ushered to power by his Labour Party's election landslide?
- Meta releases AI model to enhance Metaverse experience
- Which states could have abortion on the ballot in 2024? Arkansas organizers aim to join the list
Ranking
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Man charged after giving a child fireworks that set 2 homes on fire, police say
- MLB All-Star Game rosters: American League, National League starters, reserves, pitchers
- WWE Money in the Bank 2024 results: Winners, highlights, analysis
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Human remains found wrapped in sleeping bag and left out for trash pickup in NYC
- Scammers are swiping billions from Americans every year. Worse, most crooks are getting away with it
- Kansas' top court rejects 2 anti-abortion laws, bolstering state right to abortion access
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Beryl regains hurricane strength as it bears down on southern Texas
Lakers' Bronny James held to four points in NBA Summer League debut
Yankees rookie Ben Rice enters franchise history with three homers against the Red Sox
Arkansas State Police probe death of woman found after officer
Keir Starmer becomes U.K. prime minister after his Labour Party wins huge majority in general election
Fireworks spray into Utah stadium, injuring multiple people, before Jonas Brothers show
Judy Belushi Pisano, actress and widow of John Belushi, dies at 73