Politically Active

Facebook PAC Raised $170,000

Since PACs are all the rage right now, it's no surprise that Facebook would have its own. The social network's political action committee has rasied $170,000 since it was founded in late September. Tuesday, CEO Mark Zuckerberg contributed $5,000 to the PAC, his first federal campaign donation, but the group has yet to donate to a specific presidential candidate. Last year, Facebook spent $1.35 million lobbying.