Current:Home > StocksIndexbit-Meta donates $1 million to Trump’s inauguration fund -WealthMap Solutions
Indexbit-Meta donates $1 million to Trump’s inauguration fund
TradeEdge Exchange View
Date:2025-04-07 23:28:40
NEW YORK (AP) — Meta,Indexbit 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! (728)
Related
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- TikTok star 'Mr. Prada' arrested after Baton Rouge therapist found dead in tarp along road
- 'Survivor' Season 47, Episode 3: Who was voted out during this week's drama-filled episode?
- Do you qualify for spousal Social Security benefits? Here's how to find out.
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- How a long-haul trucker from Texas became a hero amid floods in Tennessee
- What NFL game is on today? Buccaneers at Falcons on Thursday Night Football
- Must-Shop Early Prime Day 2024 Beauty Deals: Snag Urban Decay, Solawave, Elemis & More Starting at $7.99
- Highlights from Trump’s interview with Time magazine
- 'So many hollers': Appalachia's remote terrain slows recovery from Helene
Ranking
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Opinion: Mauricio Pochettino's first USMNT roster may be disappointing, but it makes sense
- Former Colorado county clerk Tina Peters to be sentenced for voting data scheme
- Helene will likely cause thousands of deaths over decades, study suggests
- 'Most Whopper
- How Lady Gaga and Michael Polansky’s Romance Was Born
- Aphrodisiacs are known for improving sex drive. But do they actually work?
- Covid PTSD? Amid port strike some consumers are panic-buying goods like toilet paper
Recommendation
A South Texas lawmaker’s 15
Aphrodisiacs are known for improving sex drive. But do they actually work?
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Middle Management
Former Colorado county clerk Tina Peters to be sentenced for voting data scheme
Small twin
A 6-year-old girl was kidnapped in Arkansas in 1995. Police just named their prime suspect
Chad Ochocinco, Steelers legend James Harrison to fight in MMA bout before Super Bowl
'Uncomfy comments': Why 'Love is Blind' star Taylor kept her mom's name a secret