Lead: On April 2nd, the New York Times published an article saying that Trump’s election to the US president had deeply disturbed the Silicon Valley giants and became their target of criticism.
On April 2nd, the New York Times published an article saying that Trump’s election to the US president had deeply disturbed the Silicon Valley giants and became their target of criticism. But more than a year after Trump took power, Silicon Valley giants found themselves more and more like Trump, because the latter's policies benefited them a lot. The full text of the article is as follows:
Two days after Donald J. Trump won the 2016 US presidential election, Google convened a global staff meeting. At the meeting, Google executives tried to comfort their employees.
A video from the New York Times about the conference showed that Sundar Pichai, the company’s chief executive, said: “There is a lot of concern inside Google (the election of Trump).†When an employee Asked if Trump's election would bring a little benefit to Google, Google co-founder Sergey Brin replied: "Man, this is a very difficult problem." The company's chief financial officer Ruth Porat said that Trump’s victory made her feel “just like a ton of bricks falling on my chestâ€. Then she asked the audience to hug the people next to them.
Sixteen months later, according to the new tax law signed by Trump, Google's parent company, Alphabet, is likely to repatriate its overseas funds to save billions of dollars in taxes. Alphabet will also benefit from a number of initiatives by the Trump administration, including relaxation of regulation of autonomous vehicles and drones, and proposed changes to trade agreements with Mexico and Canada, which will limit Google’s display on its website. Responsibility for user content.
Silicon Valley was once one of Trump's most fierce opponents, and now they find themselves more and more in agreement with the White House. When Trump was just elected, Silicon Valley executives were very uncomfortable with him because he expressed support for restricting immigration policies and other policies that were contrary to Silicon Valley values. Today, executives in the US high-tech industry are increasingly satisfied with the president and its economic policies, even though many of their employees still have a disagreement with Trump on social issues.
But the relationship between Silicon Valley and Trump still has variables. On Thursday, Trump slammed Amazon on Twitter Twitter, accusing the e-commerce giant of escaping taxes. (Amazon says it can pay less than $789 million in tax under the new tax law signed by Trump.) It is expected that Trump will also sign a bill passed by the US House of Representatives last week that will strengthen online trading. Regulatory - This bill has been opposed by Internet companies because they are worried that it will be responsible for the content posted by users.
Despite this, the relationship between Silicon Valley and the White House has gradually warmed up, especially among companies such as Alphabet, Apple and Intel that benefit from Trump policy.
These policies include lowering corporate taxes, encouraging the development of next-generation wireless technologies such as 5G, and the call for split technology giants so far. Trump’s tough stance on China may also help Silicon Valley defend against rivals in the industry, such as Trump this month suspended Singapore’s hostile takeover bid for Qualcomm. In addition, Trump also let the "Obama-era" rule aborted, which requires many technology start-ups to give some employees more overtime pay.
Gary Shapiro, head of the Consumer Technology Association, the largest technology industry organization in the United States, points out that Trump "has brought many benefits to American businesses, especially the technology industry." The association has more than 2,200 members, including Apple, Google, Amazon and Facebook.
Shapiro said he voted for Trump opponent Hillary Clinton in the 2016 election, but he and many executives in the tech industry have begun accepting Trump. Although they still disagreed with Trump on immigration and environmental issues, they found areas in which they shared their interests with Trump, such as deregulation and increased investment in US Internet infrastructure.
He said that although the president’s new tariffs on steel and aluminum could harm US companies and consumers, “but differences in one area do not mean that we cannot cooperate in other areas. Every married person knows this. â€
Trump himself has begun to call some high-tech companies to stand side by side with him.
In January of this year, Apple used the new tax law to introduce most of the $252 billion overseas cash reserves back to China. The company said it will contribute $350 billion to the US economy over the next five years. This made Trump suggest that he had fulfilled his promise during the campaign and allowed Apple to bring jobs back home.
Last month, Trump told US lawmakers: "You know, as long as $350 million, you can build a beautiful factory. But this is $350 billion, they will build a large number of factories." He said that he I once called Apple CEO Timothy D. Cook and thanked him personally.
In fact, Apple has no plans to establish a factory in the United States. According to a person close to Apple, Apple is uneasy about Trump’s example of how Apple is effective. This person is not authorized to speak publicly. However, Apple did not publicly correct Trump's remarks.
Recently, Facebook broke out of user data disclosure scandals, and other US politicians have called for more regulatory regulations, but Trump has remained silent. The Facebook scandal stems from the news that Cambridge Analytica, a British political consultancy, improperly obtained information on 50 million Facebook users.
Michael Kratsios, deputy chief technology officer of the White House, said in an interview that although Trump and Silicon Valley are divided, "but in our field of consensus, I think we have achieved extraordinary success."
Dean Garfield, head of the Information Technology Industry Council, points out that his members have been on a tightrope (in relation to Trump), supporting or opposing the president on different issues, but Recently, “we reached a balance point on the wire.†The association is a 102-year-old lobbying organization whose members include some of the largest technology companies in the United States.
This balance marks a turning point in tension between Trump and Silicon Valley. In the 2016 campaign, Trump was very dissatisfied with American high-tech companies, so that Amazon CEO Jeff Bezos joked that he might use the rocket to send Trump Space.
Since then, some executives in Silicon Valley have disagreed with Trump on a range of social issues. In June last year, Cook sent an e-mail to employees saying that he failed to lobby Trump successfully and let the United States stay in the Paris climate agreement. In November last year, Microsoft sued the US government to retain a law prohibiting the expulsion of young undocumented immigrants, known as "dreamers." More than 100 companies, including Google, Facebook and Uber, filed a statement in support of Microsoft’s lawsuit in California.
Even so, Silicon Valley executives are still struggling to build good relationships with the president. Before the inauguration ceremony at Trump, some Silicon Valley executives met with him at the Trump Tower and met with him again at the White House in June of that year. According to people familiar with the matter, during the second meeting of the White House, Cook and Microsoft CEO Satya Nadella also went to Trump's daughter Ivanka Trump. In Washington's home, I have dinner with Ivanka and her husband, the president's senior adviser, Jared Kushner. This month, US Treasury Secretary Steven Mnuchin visited Apple headquarters.
Silicon Valley has found many reasons to make them like Trump as president of the United States. In September this year, the Silicon Valley giants, including Facebook and Microsoft, joined forces with the US government to commit $500 million to computer science education. As Trump promotes the modernization of government digital infrastructure, Amazon, Microsoft and Google also see the US government as a potential customer.
But what makes Silicon Valley most favored by Trump is almost certainly his new tax law. Before Trump signed the new tax law, many US technology companies have been lobbying for years to reform the existing corporate tax system in the United States.
The new US tax law gives Silicon Valley giants immediate benefits. According to the Institute of Taxation and Economic Policy, a non-partisan tax research institution in the United States, Apple saved $43.7 billion in taxes under the new tax law. Subsequently, Apple announced that it will contribute US$350 billion to the US economic development in the next five years.
Most of these are previously planned expenditures for US suppliers, as well as $38 billion in taxes paid to repatriate overseas cash to the country. But Apple also announced plans to hire 20,000 new employees in the US, invest in new data centers and build a new campus, and expand the scale of advanced manufacturing funds created last year from $1 billion to $5 billion. The company will also issue a $2,500 restricted stock bonus to most employees worldwide.
Trump quickly posted the news on Twitter: I promised that my policy would allow companies like Apple to bring a lot of money back to the US. I am very happy to see Apple follow up immediately after the tax cut plan is passed. This is a huge victory for American workers and the United States!
But the improvement in relations between Silicon Valley and Trump seems to be uncomfortable for employees of some technology companies. Facebook has an account called "AngryGoogle R", with nearly 1,000 fans, has been committed to criticizing any cooperation between Google and Trump.
The "Introduction" section of this account says: "I am not satisfied with Google's 180-degree shift and went to bed with Trump? It's the same here." This shows that it is managed by Google employees. This month, the account posted an article about Google's use of artificial intelligence to help the US Department of Defense analyze drone aerial video. The article reads: "We have integrated global information to...optimize war weapons."
So far, the information sent to this account has not received feedback. Google declined to comment.
Some US technology companies are still uneasy about becoming an ally of Trump. Last month, Rob Goldman, Facebook's vice president of advertising, posted a post on Twitter, downplaying Russia's influence on the US election in 2016. Earlier, the US Department of Justice accused 13 Russians of trying to subvert the results of the US 2016 election, including the use of Facebook. Trump replied with a message from Goldman:
False news media will never fail. It's hard to ignore the fact that Rob Goldman, vice president of Facebook advertising, said!
A person close to Facebook said the company was uneasy about the connection with Trump.
Two days later, Facebook policy director Joel Kaplan set the line between the company and Goldman.
He said in a statement: "The special prosecutor has issued an indictment and we have not found any evidence contrary to their conclusions. Any other suggestions are wrong."
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