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Headline : What Donald Trumps Win Will Mean for Big Tech

Read more from the original article on here at www.wired.com.





Tags : #donald #trumps #win #mean #big #tech


No. of Paragraph 49

On Wednesday, the chief executives of the leading Big Tech companies congratulated the US president-elect. Sundar Pichai (Alphabet), Mark Zuckerberg (Meta), Tim Cook (Apple), Andy Jassy (Amazon), and Satya Nadella (Microsoft) have all sparred with Donald Trump before, but they were quick to get behind him as their companies face a fresh four years of operating under an influential politician who has proved volatile.

Trump has shown disdain for Big Tech companies, and he’s been vocal about pursuing policies that increase the cost of doing business for Big Tech and subject them to more unfavorable regulations. Ahead of the election, business leaders and venture capitalists expressed concern that an unpredictable administration would undermine the stability of their businesses.

At the same time, Trump has vowed to back out of policies that might have hobbled growth for certain tech companies. The president-elect may also take a more hands-off approach when it comes to some tech mergers and acquisitions, analysts say.

And now, with Elon Musk as his biggest supporter, “this might be a moment in which there’s a picking of favorites amongst the Big Tech players,” says Betsy Cooper, director of the Aspen Policy Academy.

Read more from the original article on here at www.wired.com.


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