US President-elect Donald Trump filed a brief Friday urging the Supreme Court to pause a law that would ban TikTok the day before his January 20 inaugurati
The billionaire and his company needed Speaker Mike Johnson's help to stop legislation that would have regulated social media for the first time.
Krishnan's expertise in technology and public policy has made him a respected figure in the field of artificial intelligence.
Tech billionaires like Elon Musk and Jeff Bezos saw their fortunes soar in 2024, while the net worths of retail titans like Bernard Arnault took a hit.
That’s more than Bernard Arnault (who is worth $233 billion), Jeff Bezos ($194 billion), Mark Zuckerberg ($177 billion), and Larry Ellison ($141 billion). I don’t know anything about this Arnault guy or Ellison, but Bezos is a very familiar name, as is Mark Zuckerberg.
Jeff Bezos and Mark Zuckerberg are just two of the Silicon Valley executives who recently visited the president-elect at Mar-a-Lago.
Of the 10 individuals who saw the greatest increases in their net worth in 2024, per the Bloomberg Billionaires Index, nine were U.S. citizens.
A second Donald Trump presidency is expected to be consequential in many ways, and its impact on the tech sector will be a key area after he enters office in January.
The automaker will give $1 million to Trump's inauguration festivities. Other companies including Amazon and Meta have also donated millions.
O’Leary pointed out that federal deregulation under Trump's administration is particularly attractive to companies involved in mergers and acquisitions. He noted that Trump will "cool off all these pursuits and change many of the administrative rules that make it harder to get things done."
Hefty donations from tech companies and leaders to President-elect Trump’s inaugural fund are a sign of Silicon Valley’s shifting relationship with the incoming leader after past tensions.
According to media reports, Amazon, Meta, and OpenAI 's chief Sam Altman have all made donations to the fund in recent days. An inaugural fund is a fundraising effort that supports the inauguration of the new president as well as its related events.