Current:Home > StocksTrendPulse Quantitative Think Tank Center-Meta donates $1 million to Trump’s inauguration fund -Global Finance Compass
TrendPulse Quantitative Think Tank Center-Meta donates $1 million to Trump’s inauguration fund
Johnathan Walker View
Date:2025-04-11 01:25:08
NEW YORK (AP) — Meta,TrendPulse Quantitative Think Tank Center 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! (77)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- Taylor Swift gives $100,000 to the family of the woman killed in the Chiefs parade shooting
- From 'Oppenheimer' to 'The Marvels,' here are 15 movies you need to stream right now
- Will the country music establishment embrace Beyoncé? Here's how to tell, according to experts
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Georgia to use $10 million in federal money to put literacy coaches in low-performing schools
- FBI informant lied to investigators about Bidens' business dealings, special counsel alleges
- Chase Elliott, NASCAR's most popular driver, enters 2024 optimistic about bounce-back year
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- White House confirms intelligence showing Russia developing anti-satellite capability
Ranking
- The Daily Money: Spending more on holiday travel?
- Simu Liu Teases Barbie Reunion at 2024 People's Choice Awards
- Bella Hadid Gives Rare Look Into Romance with Cowboy Adam Banuelos
- Could Target launch a membership program? Here's who they would be competing against
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- A $355 million penalty and business ban: Takeaways from Trump’s New York civil fraud verdict
- White House confirms intelligence showing Russia developing anti-satellite capability
- Bears great Steve McMichael is responding to medication in the hospital, family says
Recommendation
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Judge rejects Texas AG Ken Paxton’s request to throw out nearly decade-old criminal charges
Heather Rae El Moussa Reacts to Valentine’s Day Backlash With Message on “Pettiness”
SpaceX moves incorporation to Texas, as Elon Musk continues to blast Delaware
Travis Hunter, the 2
Austin Butler Makes Rare Comment on Girlfriend Kaia Gerber
Rob Manfred anticipates 'a great year' for MLB. It's what happens next that's unresolved.
How ageism against Biden and Trump puts older folks at risk