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Marketplace Tech

Tech Bytes – Week in Review: Vance’s Silicon Valley ties, Prime Day injuries and Starbucks bets on EVs

Marketplace Tech

Marketplace

News, Technology

4.51.3K Ratings

🗓️ 19 July 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

A new Senate report finds Amazon Prime Day is prime time for warehouse injuries. Plus, Starbucks is teaming up with Mercedes-Benz to supercharge electric vehicle infrastructure. But first, several Silicon Valley billionaires have thrown their support behind former President Donald Trump in his quest to reclaim the White House, thanks in part to his pick for vice president, Sen. J.D. Vance. Marketplace’s Meghan McCarty Carino spoke with Jewel Burks Solomon, a managing partner at Collab Capital, for her take on these stories in Marketplace Tech Bytes: Week in Review.

Transcript

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0:00.0

The first VC VP pick from American public media. This is marketplace tech. I'm Megan McCarty

0:08.1

Corino. It is finally Friday, which means it's time for our weekly news round of marketplace tech bites.

0:24.4

On today's show, a Senate report out this week finds Amazon Prime Day

0:28.9

is also prime time for warehouse injuries.

0:31.8

Amazon called the report misleading saying its safety data, which

0:35.3

it releases publicly, show injuries declining. Plus, Starbucks is teeming up with Mercedes-Benz

0:42.0

to supercharge electric vehicle infrastructure.

0:45.3

The first, several Silicon Valley billionaires have been throwing their support behind

0:49.8

former President Donald Trump in his quest to reclaim the White House, thanks in part to his new VP pick, J.D. Vance.

0:57.0

The senator from Ohio became known as a voice of the working class thanks to his best-selling memoir Hill Billye.

1:04.7

But he is also no stranger to the world of Patagonia Vests.

1:08.9

They had spent about five years working as a venture capital investor, garnering powerful allies like billionaire Peter Teal.

1:16.0

Jewel Burke Solomon is a managing partner at Collab Capital and she helped explain this major shift

1:22.2

in tech politics.

1:23.9

I think it comes down to a few major topics

1:26.5

that the powers that be in the tech industry

1:29.3

are really concerned about.

1:30.8

Number one is taxes. People in tech have done very well over the last few years, many people, and

1:36.7

particularly the investors that are really funding some of these campaigns and putting

1:42.1

a lot of dollars toward Trump's campaign in particular.

1:46.0

And they're very concerned about some of the tax implications of a continued Biden administration, but they see Trump as in their same boat in, you know,

1:58.0

looking to do things that will be advantageous to them from a tax perspective in terms of tax cuts. They're also very concerned about

...

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