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WASHINGTON (TNND) — The parent company of Facebook and Instagram confirmed it donated $1 million to the inaugural fund of President-Elect Donald Trump.
As was first reported by the Wall Street Journal, Meta contributed what could be an effort to mend a fraught relationship between CEO Mark Zuckerberg and Trump.
During an interview Thursday morning from the floor of the New York Stock Exchange, Trump said, "Well, Mark Zuckerberg’s been over to see me and I can tell you Elon (Musk) is another and Jeff Bezos is coming up next week and I want to get ideas from them."
The donation signals a recognition that the incoming administration has the ability to push policies that could directly impact Meta's business model, from privacy laws to liability protections.
After the January 6th attack on the U.S. Capitol, Trump was banned from several social media platforms, including Facebook and Instagram, which, after a rebrand in the fall of 2021, fell under the umbrella of Meta. Trump tried to sue Facebook, as well as Google and Twitter, claiming his First Amendment rights were violated.
In the years to follow, Trump went on tirades about Zuckerberg. During a 2022 rally in Wilkes-Barre, Pennsylvania, Trump called Zuckerberg "a weirdo."
"Last week, weirdo, he's a weirdo, Mark Zuckerberg came to the White House, kissed my ass. Kissed my ass," Trump said at the time, though it was unclear what he meant because he had been moved out of the White House for more than a year and a half.
In his book "Save America" released in September, Trump wrote about Zuckerberg, "We are watching him closely, and if he does anything illegal this time he will spend the rest of his life in prison - as will others who cheat in the 2024 Presidential Election."
Just days before the book's release, Zuckerberg told the Republican-led House Judiciary Committee that Meta regrets not being more outspoken about pressure from the Biden administration to remove COVID-19 content during the pandemic and demote a New York Post story about Hunter Biden.
He also told the committee he recognized his contributions to support electoral infrastructure during the 2020 election were viewed by some as benefiting one party or another.
"My goal is to be neutral and not play a role one way or another–or to even appear to be playing a role," Zuckerberg said. "So I don't plan on making a similar contribution this cycle."
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