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

by Investor News Today
January 18, 2025
in Technology
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Lawmakers press Meta, Apple, Google, and others on massive Trump donations
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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.



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