① Silicon Valley CEOs have congratulated Trump on returning to the White House and expressed their anticipation to collaborate with his administration; ② Trump's return to office may change the future of Silicon Valley, with new variables expected in areas such as antitrust investigations, technology industry regulations, and social media policies.
On November 7th, according to financial news (edited by Malan), the U.S. presidential election ends with Trump returning to the White House, marking the beginning of the next four years for various sectors in the USA.
At this moment, for many business people, establishing or repairing relationships with the new president as soon as possible is a top priority. For example, Silicon Valley CEOs congratulated Trump on his successful return to the White House and expressed their anticipation of collaborating with his government right after the election results on Wednesday.
Among them, there are those who have had verbal conflicts or even more serious clashes with Trump in the past, such as$Amazon (AMZN.US)$Chairman Bezos.
In 2015, Bezos once commented on social media, 'send Trump into space,' to express his dissatisfaction with the former president. Trump, on the other hand, frequently criticized Bezos for the acquisition of The Washington Post and tax issues with Amazon.
However, after Trump's assassination attempt during his campaign in July this year, Bezos changed his usual critical attitude towards Trump. He congratulated Trump immediately upon his victory announcement, describing it as an extraordinary political return and a decisive triumph.
Another individual with some 'history' with Trump$Meta Platforms (META.US)$CEO Zuckerberg stated that Trump's election success was a decisive victory. In 2021, Meta's Facebook froze Trump's account due to the Capitol riot, leading to a tense relationship between Meta and Trump.
In March of this year, Trump publicly called Zuckerberg a fool and referred to Facebook as the true enemy of the American people. At the same time, Trump also stated that he would never ban TikTok, a competing product of Facebook.
Looking forward to cooperation
Apart from Bezos and Zuckerberg, Amazon's CEO Andy Jassy also promptly congratulated Trump. He expressed his expectation on X to work with Trump and his government on Amazon's customers, employees, communities, and other important issues.
$Apple (AAPL.US)$CEO Cook also posted on X expressing anticipation to collaborate with the Trump administration to ensure the United States continues to maintain its leadership position and retain its spirit of originality, innovation, and creativity.
OpenAI CEO Altman pointed out that he hopes Trump will achieve great success in his work. He also added that it is essential for the United States to maintain a leading position in developing artificial intelligence with democratic values.
$Alphabet-A (GOOGL.US)$,$Microsoft (MSFT.US)$,$Intel (INTC.US)$The remaining leaders of large technology companies in US stocks also congratulated the Trump administration. Even big donors who support Harris, such as Reid Hoffman, co-founder of LinkedIn, admitted in a rare long article that Trump won fairly.
The future of Silicon Valley
However, for Silicon Valley, Trump's presidency may bring mixed blessings.
One favorable development is that Lina Khan, the head of the Federal Trade Commission appointed by Biden, may be facing departure. She has always been a radical figure in the anti-monopoly industry, leading investigations into many Silicon Valley giants. Trump's presence may rewrite the story of anti-monopoly developments.
On the other hand, Sandra Wachter, a technology and regulation expert at the Oxford Internet Institute, pointed out that Trump's return may lead to relaxation in regulating the technology industry, posing risks to global human rights.
In addition, social media companies are also waiting for further policies from Trump. During his first term, he attempted to repeal part of a clause that gave social media companies immunity for user-generated content and their content moderation practices.
This clause is seen as a key cornerstone by Silicon Valley, but some Republicans believe it is a tool that leads to the removal of right-wing propaganda by companies.
Editor/ping