Meta and Amazon: each will donate $1 million to Donald Trump’s inauguration ceremony

Meta and Amazon: each will donate  million to Donald Trump’s inauguration ceremony

December 13, 2024 – 1:47 p.m.

Mark Zuckerberg has already met privately with the future president and Jeff Bezos will do so in the coming days. Bezos saw Trump as “calmer” and Zuckerberg took some of his executives to meet leaders of the new administration.

The companies Goal and amazon They announced that they will donate, each on their own, US$1 million to celebrate the first day of Donald Trump’s presidency. The gesture seeks to ingratiate himself with the Republican, who criticized both companies and their leaders in the past. Mark Zuckerberg He already met with Trump at his residence in Florida a few weeks ago and Jeff Bezos plans to do so next week, in addition to promising to broadcast Trump’s inaugural address on Prime Video.

At a conference this week, Bezos already said that he was “very optimistic” and that he had seen Trump “calmer than the first time and with more confidence, more settled.”. In his meeting with Trump at Mar-a-Lago, Zuckerberg gave him the new Orion glasses Meta’s mixed reality device, not yet commercialized, and brought a handful of company executives to meet the likely new Secretary of State, Marco Rubioand other leaders

Meta and Amazon will donate US$1 million for Donald Trump’s inauguration

Although these donations for the opening day celebrations, revealed by the Wall Street Journal, They are the way in which large corporations try to sympathize with the new president, not all of them have the same level: Facebook did not give anything in 2017 to Trump or in 2021 to Biden, even though Zuckerberg has supported both candidates. For its part, Amazon gave only $58,000 to Trump in 2017.

The donations include several tickets to the different parties and banquets of those days between January 17 and 20 in Washington. Just on those same dates, the US may end up forcing Bytedance, the Chinese company that owns TikTok, to sell the social network or leave the country.

jeff bezos

Bezos caused a controversy after his newspaper The Washington Post called not to vote for any candidate in the elections.

Bezos caused a controversy after his newspaper The Washington Post called not to vote for any candidate in the elections.

Bloomberg

Big tech hopes that Trump’s new team will relax the pressure on their businesses that Biden had imposed. Also with Elon Musk’s profound capacity for influence, the rest of the technology leaders are running to have some type of direct line with the White House.

Bezos, owner of The Washington Post, caused a controversy just before the elections by forcing the newspaper not to support any presidential candidate, breaking with a long tradition in the United States. The decision caused the loss of subscribers to the newspaper. Trump bitterly criticized Bezos for his management of the Post during his first presidency.

Facebook suspended Trump’s account after the assault on the Capitol in 2021, but reinstated it in 2023. This month Meta announced that in the past it had moderated its networks too much and that it was now going to promote greater freedom of expression, an obvious reference to turning a blind eye to dubious or misleading headlines.

Bitcoin retreats and drags down the crypto market despite Donald Trump’s push on Wall Street

Cryptocurrencies register falls after recent increases. He Bitcoin (BTC) struggles to maintain $100,000, while Ethereum (ETH) loses 1% and falls below US$3,900, after having reached US$4,000 in previous days.

The rest of the altcoins are also declining. Tokens like XRP, Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) experience drops of up to 6%. However, Chainlink (LINK) stands out on the positive side, since it has registered notable increases after World Liberty Financial (WLFI)the cryptocurrency project backed by Donald Trump, acquired tokens worth two million dollars.

Source: Ambito

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