Current:Home > FinanceMeta donates $1 million to Trump’s inauguration fund -Summit Wealth Experts
Meta donates $1 million to Trump’s inauguration fund
ViewDate:2025-04-28 07:45:59
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! (395)
Related
- Meta releases AI model to enhance Metaverse experience
- Man indicted on murder charge 23 years after girl, mother disappeared in West Virginia
- Week 9 college football expert picks: Top 25 game predictions led by Oregon-Utah
- Africa’s fashion industry is booming, UNESCO says in new report but funding remains a key challenge
- Grammy nominee Teddy Swims on love, growth and embracing change
- AP PHOTOS: Pan American Games bring together Olympic hopefuls from 41 nations
- Javelinas tore up an Arizona golf course. Now some are arguing about its water use
- Gunman opens fire on city of Buffalo vehicle, killing one employee and wounding two others
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- This diet says it is good for Earth and your health. Here's what experts want you to eat.
Ranking
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- NFL should have an open mind on expanding instant replay – but it won't
- Survivors of deadly Hurricane Otis grow desperate for food and aid amid slow government response
- Judge in Trump's New York fraud trial upholds $10,000 fine for violating gag order
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Greenpeace urges Greece to scrap offshore gas drilling project because of impact on whales, dolphins
- Maine mass shooting victims: What to know about the 18 people who died
- White House says Russia is executing its own soldiers for not following orders
Recommendation
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Hilary Duff Proves Daughter Banks Is Her Mini-Me in 5th Birthday Tribute
A salty problem for people near the mouth of the Mississippi is a wakeup call for New Orleans
University of Louisiana System’s board appoints Grambling State’s leader as new president
Trump's 'stop
North Carolina Republicans put exclamation mark on pivotal annual session with redistricting maps
Billboard Music Awards 2023 Finalists: See the Complete List
Jay-Z talks 'being a beacon,' settles $500K or lunch with him debate