• Latest
  • Trending
  • All
  • Market Updates
  • Cryptocurrency
  • Blockchain
  • Investing
  • Commodities
  • Personal Finance
  • Technology
  • Business
  • Real Estate
  • Finance
Lawmakers press Meta, Apple, Google, and others on massive Trump donations

Lawmakers press Meta, Apple, Google, and others on massive Trump donations

January 18, 2025
Stocks making the biggest moves after hours: DOCU, SOFI, ULTA, HPE

Stocks making the biggest moves after hours: DOCU, SOFI, ULTA, HPE

December 5, 2025
Gold’s explosive rally may reflect a monetary regime shift, not a classic bubble

Gold’s explosive rally may reflect a monetary regime shift, not a classic bubble

December 5, 2025
UK Grants Bitcoin and Crypto Full Legal Asset Status

UK Grants Bitcoin and Crypto Full Legal Asset Status

December 5, 2025
Why the Fed Should Cut Rates Next Week

Will a Rate Cut Really Help? Only Some

December 5, 2025
Meta Plans Metaverse Budget Cuts in Shift to AR Glasses

Meta Plans Metaverse Budget Cuts in Shift to AR Glasses

December 5, 2025
Debian vs. Ubuntu: Which Linux distro is right for you?

Debian vs. Ubuntu: Which Linux distro is right for you?

December 5, 2025
Soft Manager – Trading Ideas – 5 August 2025

How to Trade ICT Suspension Blocks Correctly (The “Golden” Confluence Strategy) – Trading Strategies – 4 December 2025

December 5, 2025
First CNN, Now CNBC: Kalshi’s Event Odds Go Prime Time

First CNN, Now CNBC: Kalshi’s Event Odds Go Prime Time

December 5, 2025
KR, SAIC, PVH, SNOW and more

KR, SAIC, PVH, SNOW and more

December 4, 2025
Twenty One Capital to List on NYSE After Cantor Merger

Twenty One Capital to List on NYSE After Cantor Merger

December 4, 2025
Microsoft is quietly walking back its diversity efforts

Microsoft is quietly walking back its diversity efforts

December 4, 2025
What does a blue USB port mean? I learned the truth behind all the colors, and it’s wild

What does a blue USB port mean? I learned the truth behind all the colors, and it’s wild

December 4, 2025
Friday, December 5, 2025
No Result
View All Result
InvestorNewsToday.com
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech
InvestorNewsToday.com
No Result
View All Result
Home Technology

Lawmakers press Meta, Apple, Google, and others on massive Trump donations

by Investor News Today
January 18, 2025
in Technology
0
Lawmakers press Meta, Apple, Google, and others on massive Trump donations
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Sens. Elizabeth Warren (D-MA) and Michael Bennet (D-CO) are placing strain on massive tech corporations to elucidate their motives for donating to President-elect Donald Trump’s inauguration fund. In letters to Amazon, Apple, Google, Meta, Microsoft, OpenAI, and Uber, the lawmakers specific issues concerning the corporations making contributions to “keep away from scrutiny, restrict regulation, and purchase favor.”

Over the previous a number of weeks, Google, Microsoft, Apple CEO Tim Prepare dinner, Meta, Amazon, and OpenAI CEO Sam Altman all donated $1 million apiece to Trump’s inauguration, whereas Uber and its CEO, Dara Khosrowshahi, every contributed $1 million. Many of those tech execs have already met with Trump, and Meta CEO Mark Zuckerberg is even internet hosting an inauguration celebration for the incoming president, in response to The New York Occasions.

These sizable donations surpass the quantity most of those corporations contributed to President Joe Biden’s inauguration fund in 2021. A submitting with the Federal Election Fee exhibits Uber donated $1 million to the occasion, adopted by Microsoft with a $500,000 contribution, Google at $337,500, and Amazon at $276,509. Apple donated simply $43,200 to Biden’s inauguration, whereas Meta and OpenAI didn’t contribute in any respect.

Within the letters, Sens. Warren and Bennet draw consideration to the regulatory scrutiny the Biden administration has directed towards massive tech corporations. “You’ve got a transparent and direct curiosity in acquiring favors from the incoming administration: your organization and lots of different Huge Tech donors are already the topic of ongoing federal investigations and regulatory actions,” the lawmakers write. “These donations increase questions on corruption and the affect of company cash on the Trump administration, and Congress and the general public deserve solutions.”

Biden echoed these issues in a farewell message this week, saying he was significantly nervous concerning the “potential rise of a tech industrial advanced that would pose actual risks for our nation.”

Sens. Warren and Bennet have posed a number of inquiries to Amazon, Apple, Google, Meta, Microsoft, OpenAI, and Uber, asking for his or her “rationale” behind the contributions in addition to “when and below what circumstances” the businesses determined to make a donation. They’re giving the businesses till January thirtieth to reply.

Replace, January seventeenth: Added submit from Altman.



Source link

Tags: AppledonationsGoogleLawmakersmassiveMetapressTrump
Share196Tweet123
Previous Post

IG Acquires Freetrade, eToro Eyes Nasdaq Listing, and More

Next Post

Canal+ insiders build stake after IPO stumble 

Investor News Today

Investor News Today

Next Post
Canal+ insiders build stake after IPO stumble 

Canal+ insiders build stake after IPO stumble 

  • Trending
  • Comments
  • Latest
Private equity groups prepare to offload Ensemble Health for up to $12bn

Private equity groups prepare to offload Ensemble Health for up to $12bn

May 16, 2025
The human harbor: Navigating identity and meaning in the AI age

The human harbor: Navigating identity and meaning in the AI age

July 14, 2025
Want a Fortell Hearing Aid? Well, Who Do You Know?

Want a Fortell Hearing Aid? Well, Who Do You Know?

December 3, 2025
Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

February 5, 2025
Why America’s economy is soaring ahead of its rivals

Why America’s economy is soaring ahead of its rivals

0
Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

0
Nato chief Mark Rutte’s warning to Trump

Nato chief Mark Rutte’s warning to Trump

0
Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

0
Stocks making the biggest moves after hours: DOCU, SOFI, ULTA, HPE

Stocks making the biggest moves after hours: DOCU, SOFI, ULTA, HPE

December 5, 2025
Gold’s explosive rally may reflect a monetary regime shift, not a classic bubble

Gold’s explosive rally may reflect a monetary regime shift, not a classic bubble

December 5, 2025
UK Grants Bitcoin and Crypto Full Legal Asset Status

UK Grants Bitcoin and Crypto Full Legal Asset Status

December 5, 2025
Why the Fed Should Cut Rates Next Week

Will a Rate Cut Really Help? Only Some

December 5, 2025

Live Prices

© 2024 Investor News Today

No Result
View All Result
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech

© 2024 Investor News Today