Current:Home > StocksIndexbit-Meta donates $1 million to Trump’s inauguration fund -AdvancementTrade
Indexbit-Meta donates $1 million to Trump’s inauguration fund
EchoSense Quantitative Think Tank Center View
Date:2025-04-07 18:14:34
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! (56)
Related
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Lawmaker resigns shortly before Arizona House was to vote on expelling her
- A court rejected Elon Musk’s $55.8B pay package. What is he worth to Tesla?
- Mississippi eyes quicker Medicaid coverage in pregnancy to try to reduce deaths of moms and babies
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- The fight over banning menthol cigarettes has a long history steeped in race
- When is leap day 2024? What is leap year? Why we're adding an extra day to calendar this year
- A rescue 'for the books': New Hampshire woman caught in garbage truck compactor survives
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- What you need to know about the origins of Black History Month
Ranking
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Nebraska lawmaker behind school choice law targets the process that could repeal it
- Veteran seeking dismissal of criminal charge for subduing suspect in attack on Muslim lawmaker
- 'The View' co-hosts clap back at men who criticize Taylor Swift's NFL game appearances
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Man who killed 2 women near the Las Vegas Strip is sentenced to life in prison
- Both Super Bowl 2024 starting quarterbacks have ties to baseball through their fathers
- 6 books to help young readers learn about Black history
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Woman arrested at airport in Colombia with 130 endangered poisonous frogs worth $130,000
First of back-to-back atmospheric rivers drenches Northern California while moving south
Premature birth rate rose 12% since 2014, the CDC reports. A doctor shares what to know.
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Pro Bowl Games 2024: Flag football and skills schedule, how to watch, AFC and NFC rosters
Norfolk Southern to let workers use anonymous federal safety hotline one year after derailment
Noah Kahan opens up about his surreal Grammy Awards nomination and path to success