Current:Home > MarketsMeta donates $1 million to Trump’s inauguration fund -InvestPioneer
Meta donates $1 million to Trump’s inauguration fund
TradeEdge View
Date:2025-04-07 00:40:01
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! (75)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- USA vs Portugal highlights: How USWNT survived to advance to World Cup knockout rounds
- Chris Pratt Shares Rare Photos of Son Jack During Home Run Dodgers Visit
- Body of hiker missing for 37 years discovered in melting glacier
- 'Most Whopper
- Missouri governor rejects mercy plea from man set to be executed for killing 6-year-old girl
- Oklahoma parents, faith leaders and education group sue to stop US’s first public religious school
- With pets being treated like family, businesses aim to meet new needs
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Mega Millions jackpot soars above $1 billion ahead of Tuesday night's drawing
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Mar-a-Lago property manager is the latest in line of Trump staffers ensnared in legal turmoil
- Kylie Minogue Weighs In on Miranda Lambert's Frustration Over Fans Taking Selfies During Concerts
- Mom of missing Arizona teen who surfaced after 4 years says family being harassed
- Trump's 'stop
- Ukraine moves its Christmas Day holiday in effort to abandon the Russian heritage
- Missouri man facing scheduled execution for beating death of 6-year-old girl in 2002
- Taco Bell sued over amount of meat, beans in Mexican pizzas, crunch wraps
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
Angus Cloud, breakout star of ‘Euphoria,’ is dead at 25
Rock a New Look with These New Balance Deals: Up to 65% Off at the Nordstrom Rack Flash Sale
Suspect arrested after allegedly running over migrant workers outside North Carolina Walmart
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Add Some Magic to Your Beauty Routine With the Charlotte Tilbury and Disney Collection
Add Some Magic to Your Beauty Routine With the Charlotte Tilbury and Disney Collection
Leprosy could be endemic in Central Florida, CDC says. What to know about the disease.