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Reading: Uber chief is newest tech CEO to throw cash at Trump
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The Wall Street Publication > Blog > Politics > Uber chief is newest tech CEO to throw cash at Trump
Politics

Uber chief is newest tech CEO to throw cash at Trump

Editorial Board Published December 18, 2024
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Uber chief is newest tech CEO to throw cash at Trump
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Uber and its CEO, Dara Khosrowshahi, donated a mixed $2 million to Donald Trump’s inauguration, following a line of tech firms and their rich homeowners bending the knee.

Meta’s Mark Zuckerberg, Apple’s Tim Prepare dinner, Google’s Sundar Pichai, and Amazon’s Jeff Bezos are all scheduled to go to or have lately visited Trump’s Mar-a-Lago property. Even TikTok CEO Shou Chew rushed to Trump’s Florida property forward of a ruling that might ban the favored social media app. 

Bezos, Zuckerberg, and OpenAI CEO Sam Altman are additionally getting ready to donate $1 million to Trump’s inaugural fund or have already finished so. 

This show of ring-kissing may shock those that recall Trump waging battle in opposition to Zuckerberg and Bezos in his first time period. 

In 2020, Trump allegedly stepped in the way in which of a $10 billion contract between Bezos’ Amazon and the Pentagon, handing the large-dollar deal to Microsoft as an alternative. On the time, Amazon stated the choice was Trump’s approach of enacting revenge on the unfavorable reporting popping out of the Bezos-owned Washington Publish. A yr later, with Biden in workplace, the Pentagon reversed its determination and included Amazon within the contract. 


Meta CEO Mark Zuckerberg

Trump additionally made loads of assaults in opposition to Zuckerberg (together with threats to throw him in jail). Nonetheless, Zuckerberg appeared to place all of that behind him when dined at Mar-a-Lago late final month. 

One Washington lobbyist defined why there was such a change in tone, saying these tech giants don’t have a lot of a selection this time round. 

“It takes a lot for an uber-wealthy, creative-type CEO, many of whom lean left, to suck it up and deal with Trump,” the lobbyist informed Monetary Instances. “But what choice do they have?”

A few of these tech homeowners could also be kissing as much as Trump this time round within the hopes he will probably be extra lax than Joe Biden’s regulation efforts in opposition to huge biz. Plus, as many have claimed, Trump loves flattery. 

Alternatively, Bezos is likely to be sucking as much as Trump for different causes. Earlier this week, a Senate probe discovered Amazon has been manipulating its knowledge to cover the quantity of employee accidents. With Trump in his good graces, Bezos’ probabilities of maneuvering difficult lawsuits and rules is likely to be simpler. 

To make his stance on employee’s rights extra obvious, Bezos has additionally teamed up with Trump’s billionaire “first buddy” Elon Musk to assault the Nationwide Labor Relations Board, which has traditionally fought for staff’ rights. 

The NLRB has discovered fault with each Amazon and SpaceX. Absolutely, that may have one thing to do with two of the richest males going after this system.

Day by day Kos doesn’t have billionaires in its pocket like Trump does. Proper now, we’re falling wanting our 2024 aim. Your donations are how we make ends meet. Are you able to please donate $5 proper now so we are able to shut the books on 2024?

TAGGED:CEOchieflatestmoneytechthrowTrumpUber
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