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Meta Donates $1 Million to Trump’s Inaugural Fund, Strengthening Ties with Big Tech
Business News

Meta Donates $1 Million to Trump’s Inaugural Fund, Strengthening Ties with Big Tech

Dec 12, 2024

Meta’s $1 Million Contribution

Meta has officially donated $1 million to President-elect Donald Trump’s inaugural fund, signifying a notable effort to rebuild ties between the tech giant and the former U.S. President. The confirmation follows a private meeting between Meta CEO Mark Zuckerberg and Trump at Mar-a-Lago, as reported by The Wall Street Journal.

A Shift in Tech-Political Dynamics

This donation marks a significant change in Meta’s stance, especially after banning Trump from its platforms following the January 6, 2021, insurrection. Sources reveal that Zuckerberg is positioning himself for an active role in shaping technology policies under the new administration.

Zuckerberg’s Surprising Admiration for Trump

Earlier this year, Zuckerberg praised Trump’s resilience during a podcast interview, calling his response to an assassination attempt “one of the most badass things” he had witnessed. This statement highlights an evolving relationship between the two.

Other Tech Leaders Join the Conversation

Prominent tech executives, including Apple’s Tim Cook, Google’s Sundar Pichai, and Amazon’s Andy Jassy, have also sought engagements with Trump during his campaign, showcasing the industry’s interest in influencing the upcoming administration’s policies.

Trump’s Changing View on Big Tech

Once a vocal critic of tech companies, blaming them for his 2020 electoral defeat, Trump has recently embraced leaders like Zuckerberg. He frequently highlights his private discussions with them, signaling a newfound alliance with Big Tech.

A New Chapter in Big Tech and Politics

Meta’s donation and the growing rapport between Trump and tech leaders reflect a pivotal shift in the relationship between Silicon Valley and political leadership. This collaboration could play a critical role in shaping future technology and regulatory policies.

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