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WSJ Tech News Briefing

What Trump Means for Tech: How Silicon Valley Got on Board

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.31.7K Ratings

🗓️ 27 January 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

There’s been a litany of activity coming out of the new Trump administration, and the tech industry has been front and center for much of it. That’s mainly the CEOs of the biggest tech companies, from Google to Meta and Apple, who’ve been looking to gain favor with the president. On the first episode of our series exploring what President Trump’s second term means for tech, WSJ global tech editor Jason Dean joins host Belle Lin to discuss how Trump won over Silicon Valley’s elites. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:33.6

Welcome to Tech News Briefing. It's Monday, January 27th. I'm Bellin for the Wall Street Journal.

0:41.8

The new Trump administration is shaping up to have profound effects across the tech industry,

0:48.3

from regulation and policy to artificial intelligence investment and development.

0:53.8

All this week, we are exploring what President Trump's second term could mean for the tech

0:59.2

industry over the next four years and beyond.

1:02.7

And a lot has happened just in the first week.

1:06.6

Coming up on today's show, prominent big tech leaders race to praise Trump after his victory.

1:13.5

Some donated a million dollars to his inaugural fund and were in attendance at his inauguration.

1:20.5

WSJ Global Tech Editor Jason Dean joins us to discuss how Trump won over some of Silicon Valley's tech leaders and what it means for the future of Amazon, Google, meta, and other key tech players.

1:40.3

So, Jason, let's start with President Trump's inauguration, where you had the likes of Jeff Bezos, Elon Musk, and Mark Zuckerberg, just to name a few of the big tech CEOs with front row seats.

1:53.4

It was a pretty striking image to see them at the inauguration.

1:57.9

What kind of relationship do you think that signals between the Trump administration and big tech?

2:04.0

Yeah, it was really striking. And a real contrast to the imagery and the substance at the start of his previous administration with the tech industry.

2:14.0

There's several factors at work here. Obviously, these companies are very interested in being in his good graces. Part of that is defensive. They all have had crosshairs on them, really from both sides of the political spectrum, but in many regards, especially from the right. And obviously, there's been personal animus on Trump's side towards some of these CEOs historically.

2:36.0

So first and foremost, they do not want to be targets to the best they can avoid that.

2:40.8

But they also see an opportunity.

...

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