Meta donates $1 million to Trump's inauguration fund

Date:

Share post:


NEW YORK — 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 Trump privately 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.



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power

WASHINGTON -- IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes...

Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor

The head of the Federal Aviation Administration, who has led a tougher enforcement policy against Boeing since...

US wholesale inflation accelerated in November; sign price pressures remain elevated

WASHINGTON -- Wholesale costs in the United States picked up sharply last month, signaling that price pressures...

Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?

NEW YORK -- A nonprofit law group dedicated to protecting the rights of Southern voters of color...

Trump will be honored as Time's Person of the Year and ring the New York Stock Exchange bell

NEW YORK -- About six months ago, Donald Trump was sitting in a courtroom in lower Manhattan...

Stock market today: World shares are mixed following a rebound on Wall Street

BANGKOK -- Shares were mostly higher Thursday in Asia after Wall Street resumed its upward climb, as...

European Central Bank likely to cut rates while weighing US trade concerns and France's chaos

FRANKFURT, Germany -- With U.S. President-elect Donald Trump threatening new tariffs and political chaos engulfing France, the...

One Tech Tip: How to protect your communications through encryption

LONDON -- After a sprawling hacking campaign exposed the communications of an unknown number of Americans, U.S....