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Amazon, Meta Each Donate $1M to Trump's Inauguration; Bezos, Zuckerberg to Meet President-Elect

Dec 13, 2024, 06:27 AM

Amazon and Meta Platforms Inc. have each announced plans to donate $1 million to President-elect Donald Trump's inauguration fund, marking a notable shift in Silicon Valley's relationship with the incoming administration. This move comes as tech leaders seek to mend ties with Trump, who has historically been critical of major tech companies. Amazon's donation includes an in-kind contribution by streaming the inauguration on its Prime Video service, valued at an additional $1 million. The Wall Street Journal first reported these contributions, highlighting the efforts of tech giants to engage with Trump. Amazon founder Jeff Bezos, who has had a contentious relationship with Trump in the past, is also set to meet with the president-elect next week. Meta's donation follows a private meeting between its CEO, Mark Zuckerberg, and Trump at Mar-a-Lago. These actions reflect a broader strategy among tech leaders to influence policy and regulatory environments under the new administration. Bezos has expressed optimism about Trump's second term, particularly regarding his focus on deregulation.