Current:Home > StocksTradeEdge-Meta donates $1 million to Trump’s inauguration fund -Elevate Capital Network
TradeEdge-Meta donates $1 million to Trump’s inauguration fund
PredictIQ View
Date:2025-04-09 01:12:31
NEW YORK (AP) — Meta,TradeEdge 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! (6)
Related
- DoorDash steps up driver ID checks after traffic safety complaints
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- The Super Bowl could end in a 'three
- In ‘Nickel Boys,’ striving for a new way to see
- Arkansas State Police probe death of woman found after officer
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Illinois Gov. Pritzker calls for sheriff to resign after Sonya Massey shooting
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Ranking
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Grammy nominee Teddy Swims on love, growth and embracing change
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Current, future North Carolina governor’s challenge of power
Recommendation
NCAA hits former Michigan coach Jim Harbaugh with suspension, show-cause for recruiting violations
All That You Wanted to Know About She’s All That
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Global Warming Set the Stage for Los Angeles Fires
The Best Stocking Stuffers Under $25
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Trump invites nearly all federal workers to quit now, get paid through September
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class