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Apple CEO Tim Cook to meet with Trump on Friday
Dec 13, 2024 3:44 PM

Dec 13 (Reuters) - Apple ( AAPL ) CEO Tim Cook will meet

Donald Trump on Friday night at the U.S. president-elect's

Mar-a-Lago resort in Florida, a source familiar with the matter

told Reuters.

Business leaders have attempted to establish a positive

rapport with Trump since his election win in November.

Meta Platforms ( META )

and

Amazon ( AMZN ) have each donated $1 million to Trump's

inaugural fund. Bank of America ( BAC ), the second-largest U.S.

lender, also plans to contribute to Trump's inaugural committee

but has yet to decide on the amount.

Trump will take office in January. He said in October

when he was running for the White House that he received a call

from Cook over concerns about the financial penalties that have

been imposed by the European Union on the iPhone maker.

European regulators have launched a series of

investigations into Big Tech firms in recent years, with the aim

of curbing their power and ensuring a level playing field for

smaller rivals. A U.S. Justice Department case accuses the

iPhone maker of unlawfully dominating the smartphone market.

Trump's team and Apple ( AAPL ) did not immediately respond to a

request for comment. The Trump-Cook meeting was reported earlier

by the New York Times.

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