Tag: DONALD TRUMP
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OpenAI, SoftBank, and Oracle Launch $500B AI Data Center Initiative
OpenAI, SoftBank, and Oracle launch The Stargate Project for AI data centers, starting in Texas with $100B initial funding, aiming for $500B overall investment. The initiative promises substantial job creation and enhances U.S. AI leadership, with Microsoft and others as partners. Concerns about environmental impact persist amidst strong investment projections. Key Highlights of The Stargate…
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Tech CEOs Confirm Attendance at Trump’s Inauguration
– Major tech CEOs confirmed for Trump’s inauguration include Jeff Bezos, Mark Zuckerberg, and Sundar Pichai. – Bezos, Zuckerberg, and Pichai each donated USD 1 million to the inaugural fund. – TikTok CEO Shou Chew’s attendance comes amidst operational concerns for the app. – Elon Musk is excited to attend, feeling honored to join fellow…
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Future of TikTok on App Stores Remains Uncertain Following Court Ruling.
– Key legal changes affect TikTok’s app availability. – Companies face fines for non-compliance; potential $5,000/user. – Negotiations by Trump may impact future decisions. – TikTok assures employees their roles remain secure despite uncertainty. Key Highlights – TikTok’s status on Apple and Google app stores is uncertain following a Supreme Court ruling. – Potential fines…
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Apple Faces Stricter Export Controls in China Amid Tariff Concerns
China is set to impose stricter export controls on American tech companies, notably Apple, as reported by the Nikkei news agency. In anticipation of these changes and forthcoming tariffs under Donald Trump’s leadership, Apple is considering moving its production to India to lessen its dependence on China. Recent reports from the Nikkei news agency indicate…
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Google Donates $1 Million to Trump’s Inauguration Fund Amidst Antitrust Concerns
Google has donated $1 million to President-elect Trump’s inauguration fund, joining other tech companies such as Meta and OpenAI. The contribution highlights the company’s intention to foster a better relationship with the incoming administration amidst past tensions regarding antitrust issues. Additionally, Meta has revised its content moderation policy, which Trump publicly endorsed. Google has recently…
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Google Donates $1 Million to Trump’s Inauguration Fund, Joining Other Tech Giants
Google has donated $1 million to Donald Trump’s inauguration fund, joining other tech companies like OpenAI and Meta. This contribution illustrates an effort to build goodwill with the new administration, amid ongoing tensions regarding antitrust issues. Tech leaders are adapting their strategies to improve their rapport with the incoming president, navigating a complex political landscape.…
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Trump’s Inauguration Day 2025: Major Donations from Tech and Auto Industries
Donald Trump’s inauguration on January 20, 2025, will be supported by numerous significant donations exceeding $1 million from various leading firms, including tech giants and cryptocurrency companies. Exclusive events with donors and Trump officials will precede the swearing-in ceremony, with funding managed by a dedicated committee. The previous inauguration raised over $106 million, setting a…
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U.S. Expands Military-Linked List to Include Major Chinese Tech Firms
The Biden administration has added CXMT, Tencent, and CATL to its list of companies linked to the Chinese military, increasing tensions between the U.S. and China. Tencent and CATL both claimed their inclusion was erroneous, asserting no ties to military activities. While immediate sanctions are not imposed, being on the list poses reputational risks and…
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Dan Ives’ Top 10 Tech Winners for the AI Revolution in 2025
Dan Ives of Wedbush has listed his top 10 technology stock picks for the AI revolution by 2025, notably excluding Amazon and Meta Platforms. The projected $2 trillion AI-related capital expenditure is expected to boost tech stocks by 25%. Key players include Nvidia, Microsoft, and Palantir, with Apple leading with a market cap of $3.812…
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The Evolution of Silicon Valley into a Political Powerhouse
The article discusses the shift of Silicon Valley into a major political force, driven by Elon Musk’s financial support and social media influence behind Donald Trump’s campaign, marking a departure from the industry’s historical indifference toward politics. The year was transformative as Silicon Valley transitioned into a political powerhouse, prominently influenced by figures like Elon…