Meta Corporation, founded by Mark Zuckerberg, donated $1 million to Donald Trump’s inaugural fund following his victory in the U.S. presidential election.
This move was part of the corporation’s efforts to strengthen relations with the newly elected president, reports the Wall Street Journal, citing informed sources.
According to the publication, the donation was part of the company’s strategy to engage with political circles and secure support from the Trump administration on key issues related to digital technology and social media regulation. Specifically, Meta aimed to bolster its position amidst increasing pressure from authorities on tech giants over concerns about data privacy, misinformation, and market dominance.
Sources suggest that the donation was made as part of a traditional corporate practice of maintaining relations with political leaders regardless of their party affiliation.
Notably, this is not the first instance of Meta participating in political initiatives. The company has regularly supported various political projects and organizations, striving to reinforce its role as a key player in the digital space and influence regulatory decision-making.
