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Will Amazon face regulatory action from the Trump administration by end of 2024?
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Resolution / Starting Odds
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Official announcements from US regulatory bodies or the Trump administration
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Meta and Amazon Give $1 Million Each to Trump's Inauguration, Seeking to Mend Ties
Dec 12, 2024, 11:16 PM
Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, has donated $1 million to President-elect Donald Trump's inaugural fund. This marks Meta's first-ever contribution to an inauguration fund and comes amid efforts by CEO Mark Zuckerberg to foster a positive relationship with the incoming administration following a previously tense history. Zuckerberg recently met with Trump privately at Mar-a-Lago. Similarly, Amazon.com Inc., led by founder Jeff Bezos, is planning a $1 million donation to Trump's inaugural fund, along with an additional $1 million in in-kind contributions. This move signifies a shift in the relationship between Amazon and the incoming administration as tech leaders seek to shore up ties with President-elect Trump. The amount is modest considering the size of the companies but is seen as an unusual initiative aimed at mending relationships.
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