Tech Giants Embrace Trump Following Democratic Defeat

Created: JANUARY 25, 2025

Following President-elect Donald Trump's victory over Vice President Kamala Harris, prominent Democratic fundraiser and DNC National Finance Committee member, Lindy Li, expressed concern over the state of the Democratic Party. Speaking on "Fox & Friends Weekend," Li stated that the party carries the "stench of loser" after the election. This sentiment comes as tech leaders, including Google CEO Sundar Pichai, OpenAI CEO Sam Altman, and Meta CEO Mark Zuckerberg, have engaged with Trump, with some even contributing to his inaugural committee.

Lindy Li on "Fox & Friends Weekend"

Li, a Democrat herself, lamented the party's position, predicting they will be sidelined for the next four to eight years. She pointed to Amazon's planned $1 million donation to Trump's inaugural fund, along with similar contributions from Altman and Zuckerberg, as indicators of the tech industry's embrace of the president-elect. Li contrasted this with Jeff Bezos's decision to halt presidential endorsements by the Washington Post, a move that reportedly frustrated some within the publication who supported Harris.

Li suggested that the tech world is enthusiastic about Trump's presidency, citing his pro-cryptocurrency stance. She also touched on the perceived unpopularity of certain Democratic policies, particularly those related to immigration. As a naturalized American, Li expressed concern over unchecked immigration, a sentiment she believes resonates with many voters.

Mark Zuckerberg at Utah summit

Zuckerberg's visit to Trump at Mar-a-Lago in early December further underscores the burgeoning relationship between the tech industry and the incoming administration. This meeting, according to reports, aimed to solidify ties as Trump prepares to take office in January.

Trump's split of his mug shot and his person of the year cover

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