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FT News Briefing

Swamp Notes: Silicon Valley warms to Trump

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 8 June 2024

⏱️ 15 minutes

🧾️ Download transcript

Summary

Few of Silicon Valley’s biggest names supported Donald Trump in 2016 or 2020. Now, some of them are holding multimillion- dollar fundraisers for him. The FT’s US business and politics correspondent, Alex Rogers, and tech correspondent, Hannah Murphy, join this week’s Swamp Notes to explain why Big Tech is abandoning Joe Biden. 


Mentioned in this podcast:

Donald Trump fundraiser latest sign of support in Silicon Valley

Silicon Valley elite warms to Donald Trump

Biden camp hits out at Elon Musk and ‘sucker’ Donald Trump

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Do you have questions about the US election? Drop us a voice note here and we may play your question on the show! 


Swamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. Original music by Hannis Brown. 


Read a transcript of this episode on FT.com


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Transcript

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0:00.0

The UK's energy partner.

0:06.0

Learn more at equinore.

0:08.0

Equinore. UK. Big Tech is big business and big business comes with big money.

0:18.8

That means when tech titans back a candidate for political office, it's a pretty big deal.

0:25.6

This is Swamp Notes, the weekly podcast from the Fteenies briefing where we talk about

0:36.4

just all of the things happening in the 2024 U.S. presidential election.

0:41.2

I'm Mark Filipino and this week we're asking why is

0:44.4

Silicon Valley throwing its weight behind Donald Trump? Here with me to discuss is

0:49.0

Alex. He covers campaign finance for the FD. T. Hi Alex.

0:52.7

Hey Mark.

0:53.6

And we've also got with us Hannah Murphy.

0:55.3

She's the F.T's tech correspondent based in San Francisco.

0:58.6

Hi, Hannah.

0:59.7

Hello, hello.

1:01.5

All right, so you guys wrote a story last week on the Silicon Valley Big Wigs who are supporting

1:06.2

Donald Trump's campaign.

1:07.8

Alex, what are some of the names that we should know here?

1:11.5

Yes, so some of Silicon Valley's most prominent venture capitalists hosted fundraisers

1:15.3

this week for Donald Trump on Thursday, June 6th.

1:19.7

There are also two other fundraisers in California for Trump on the seventh and eighth.

1:24.0

The fundraiser on June 6 was hosted in San Francisco by David Sachs and

1:28.0

Germath Palapatia, the co-host of the popular All In podcast.

...

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