Meta adds former Trump advisor to its board

Meta adds former Trump advisor to its board

From left, U.S. President Donald Trump, Senator Dave McCormick, his wife Dina Powell McCormick and Elon Musk watch the men’s NCAA wrestling competition at the Wells Fargo Center in Philadelphia, Pennsylvania, on March 22, 2025. Brendan Smialowski | Afp | Getty Images Meta on Friday announced that it was expanding its board of directors with…

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Tech C.E.O.s Spent Millions Courting Trump. It Has Yet to Pay Off.

Tech C.E.O.s Spent Millions Courting Trump. It Has Yet to Pay Off.

The biggest technology companies and their chief executives donated millions to President Trump’s inauguration, hosted black-tie parties and dinners in his honor, and allowed him to announce and take credit for new multibillion-dollar manufacturing projects. But less than three months into the president’s second term, Mr. Trump has hardly returned their lavish gestures with favors….

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Silicon Valley’s early return on Trump investment: Plunging valuations, delayed IPOs

Silicon Valley’s early return on Trump investment: Plunging valuations, delayed IPOs

The Nasdaq MarketSite in New York, June 9, 2023. Michael Nagle | Bloomberg | Getty Images Silicon Valley executives and financiers publicly opened their wallets in support of President Donald Trump’s 2024 presidential run. The early returns in 2025 aren’t great, to say the least. Following Trump’s sweeping tariff plan announced Wednesday, the Nasdaq suffered…

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Why Trump’s Tariffs Are Rattling Even Meta

Why Trump’s Tariffs Are Rattling Even Meta

When President Trump announced sweeping tariffs this week, some of the biggest tech companies had obvious reasons for worry. Apple, Dell, Oracle, Hewlett-Packard — which rely on hardware and global supply chains that are in the direct line of fire from tariffs — saw their shares go into free-fall. But there was another big tech…

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