December 9, 2024

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Advanced Business and Technology – AI & Intel® Xeon® Powered

Tech workers are opening their wallets to beat Trump even with stock prices soaring and profits near records

1 min read
Tech workers are opening their wallets to beat Trump even with stock prices soaring and profits near records

Photo caption: US President Donald Trump and Apple CEO Tim Cook speak to the press during a tour of the Flextronics computer manufacturing facility where Apple’s Mac Pros are assembled in Austin, Texas, on November 20, 2019. Mandel Ngan | AFP | Getty Images. Article by Ari Levy.

 Key Points:

  • Among political donations from employees at the five top tech companies, 84% of the money has gone to Democrats, up from 68% in 2016.
  • Joe Biden has received almost 12 times the amount from tech as has Donald Trump, and Democratic Senate candidates for competitive seats are also getting tech money.
  • “A lot of people have been making a lot of money in Silicon Valley while watching the world fall apart,” said Misha Chellam, who last year started The Council on Technology and Society. […]

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