Categories: Stock Market News

Amazon donating $1 million to Trump inaugural fund, to air occasion on Prime Video


(Reuters) – Amazon (NASDAQ:AMZN) is donating $1 million to U.S. President-elect Donald Trump’s inaugural fund and the corporate will air the occasion on its Prime Video service, an Amazon spokesperson mentioned on Thursday.

The Prime Video represents an in-kind donation price one other $1 million, the spokesperson mentioned. The donations had been first reported by the Wall Road Journal.

Amazon joins one other tech big, Meta Platforms (NASDAQ:META), in donating to the Jan. 20 Trump inauguration. Meta may even give $1 million, an organization spokesperson mentioned.

Jeff Bezos, Amazon’s founder and govt chairman, will meet with Trump subsequent week, the president-elect mentioned on Thursday in an interview with CNBC.

Trump has criticized the protection of his first time period as president by the Washington Submit, which is owned by Bezos.

The Submit determined to not endorse a candidate within the November presidential election. The choice blocked an endorsement of Democratic candidate Kamala Harris, in line with Nationwide Public Radio.

Bezos defended the transfer to not concern an endorsement, saying in an opinion piece within the paper that “most individuals imagine the media is biased” and the Submit and different newspapers wanted to spice up their credibility.

Trump raised a report $106.7 million for his 2017 inauguration festivities.

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