Trump, Thiel invite Silicon Valley executives to round-table discussion in NYC
President-Elect Donald Trump and his transition team have invited Silicon Valley tech industry leaders to a meeting in New York City on Dec. 14, and AppleInsider has learned that Apple is amongst the invitees, but may not attend.
According to USA Today, the invitation was sent by Trump's Chief of Staff Reince Priebus, and co-signed by Peter Thiel, and Trump's son-in-law Jared Kushner.
The exact list of invitees is not known, but AppleInsider sources within Apple have confirmed that CEO Tim Cook and his cadre have been invited to the discussion. However, what has been called a "long-ago scheduled meeting" may prevent the CEO from attending, and it is not known at this time if a substitute will attend in his place.
"Most of Silicon Valley is moving from the 'surprised and in denial' phase to accepting the change that's coming," said Semil Shah, general partner at venture capital firm Haystack Fund. "Some of that change, such as immigration, creates anxiety and uncertainty. Some of that change, such as potential for economic stimulus at a national level, gives some folks business confidence."
Apple, Google, and Facebook were notably absent from the chairs of a business council formed by Trump's administration. Named to that board are leaders of Boeing, GE, GM, and IBM, all four of which have a significantly lower net worth than Apple.
Specific topics of discussion are not known, but based on campaign trail remarks by the President-Elect, overseas cash repatriation, manufacture of goods in the U.S. instead of China, and encryption implementation are likely on the table.
According to USA Today, the invitation was sent by Trump's Chief of Staff Reince Priebus, and co-signed by Peter Thiel, and Trump's son-in-law Jared Kushner.
The exact list of invitees is not known, but AppleInsider sources within Apple have confirmed that CEO Tim Cook and his cadre have been invited to the discussion. However, what has been called a "long-ago scheduled meeting" may prevent the CEO from attending, and it is not known at this time if a substitute will attend in his place.
"Most of Silicon Valley is moving from the 'surprised and in denial' phase to accepting the change that's coming," said Semil Shah, general partner at venture capital firm Haystack Fund. "Some of that change, such as immigration, creates anxiety and uncertainty. Some of that change, such as potential for economic stimulus at a national level, gives some folks business confidence."
Apple, Google, and Facebook were notably absent from the chairs of a business council formed by Trump's administration. Named to that board are leaders of Boeing, GE, GM, and IBM, all four of which have a significantly lower net worth than Apple.
Specific topics of discussion are not known, but based on campaign trail remarks by the President-Elect, overseas cash repatriation, manufacture of goods in the U.S. instead of China, and encryption implementation are likely on the table.
Comments
While I have doubts it will happen, slamming the door on these scumbags abusing the H1B visas would be nice.
2. Ban technology that infringe on American company's patents.
It wouldn't surprise me if Sammy decided to manufacture phones in the US just to one-up Apple.
Folks, Trade is not a bad thing and Trump knows this, The issue that exist today is not that US companies build in other countries, the issue is the fact that countries like China and Mexico do not buy US made products. China forces US companies to build product in china to be sold in China, Also, US company can not hold majority ownership in any company in China, the Chinese have to hold 51% of the business, not true in the US. If the US start the discussion with other countries have to buy US made goods and service then we will be on a level playing field.
One example, there was US company that made Wind Power Generation systems and their technology was the control system that controls the wind turbine. China made this company manufacture the control system in China to win business in China. This company was forces to set up a JV in China to build the control systems, turns out the JV who was 51% owned by the Chinese stole all the IP on the control system and began building them without the US companies involvement and then turned around and sold the systems in the US to various government entities. The US company is now out of business and trying to sue to recover their IP, and our government awarded the business to the lowest bidder which was JV Chinese company.
This is the problem that need to be fix, what every China requires to sell product in their market the same should be for China companies, they can not import unless the set up shop in the US and someone from the US have to have 51% ownership. This is not all about where is the cheap labor as everyone thinks, China is not as cheep as it was, US company can compete on price these days depending on the product and whether the manufacture can easily be automated.
"Most of Silicon Valley is moving from the 'surprised and in denial' phase to accepting the change that's coming,"
Accepting the change that's coming? Not likely. More like getting prepared to fight tooth and nail to delay or block anything Trump tries to put through that would affect their businesses, and ride out the next 4 years until Trump gets replaced.
The question of course is how to structure things so as not to create a wave of backlash protectionism around the globe.
Who's abusing H1B visas? Any evidence on who "these scumbags" are?
It's not a no-brainer. CEOs get many things etched in stone many months -- sometimes years -- ahead, and they can't "jump" because some politician says so or woke up with a sudden idea. Get real.
For my money, the diversity problem at Apple is the one having to do with the company's political opinions. At least get some Libertarians in there, for Chrissakes.
Nobody is going to change where they manufacture, give up that dream. Trump is subject to the (thankfully) limits his office allows him. He will not finish his 4 years.
Oh, wait!
Your ramblings are merely delusional leftist thoughts and wishes that have no basis in reality.
Enjoy your rubber padded room.
Trump is here to stay for at least 8 years!
I am going to put money on him to win in 4 years, just like I did in this election, and I will make a nice profit, just like I did this time.
Meanwhile, leftists will only get more and more violent and more delusional as time passes. We will smack them all down.