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Facebook parent Meta withdraws from group planning America’s 250th anniversary

WASHINGTON — Facebook parent Meta Platforms Inc. said Wednesday it canceled its sponsorship agreement with the organization planning the federal government’s commemoration of the US 250th anniversary, a project plagued by internal strife and facing a discrimination lawsuit filed by female former executives.

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said in March it would review his ties to the US Semiquincentennial Commission and its affiliated America250 Foundation, according to Wall Street Journal reports of feuds between the congressional appointees and allegations of mismanagement and Misuse of Federal Funds from former employees.

“The whole leadership dysfunction was very concerning,” said a person familiar with the matter. When Meta, then known as Facebook, closed the deal in June 2021, one of the impressions the company had was that it would be one of many corporate sponsors, the person said; To date, it is the only company to have signed up, people familiar with the matter said.

Daniel DiLella, a Philadelphia-area developer who chairs both the Semiquincentennial Commission and the America250 Foundation, did not immediately respond to a request for comment. In a March statement, he said the project has “met many obstacles along the way, and there may be more, but we are on track to fulfill our sacred mission of honoring this great country.”

An expanded version of this report appears on WSJ.com.

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https://www.marketwatch.com/story/facebook-parent-meta-withdraws-from-group-planning-americas-250th-anniversary-11655952926?rss=1&siteid=rss Facebook parent Meta withdraws from group planning America’s 250th anniversary

Brian Lowry

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