Tech News Summary:
- President Joe Biden is traveling to California for a fundraising trip, with a focus on tech and climate donors, to raise more than $1 billion for his re-election campaign.
- The tech industry has been seeking stronger relations with Biden to ensure they have a say in federal and state investigations into their business practices. These donors are expected to play a key role in helping Biden raise cash amid an uncertain economy and lukewarm enthusiasm from Democrats over his decision to run again.
- During the 2020 cycle, political action committees and employees of Amazon, Alphabet Inc.’s Google and Microsoft Corp were among the top five contributors to Joe Biden’s candidate’s campaign committee. Microsoft’s top executives donated more than any other big tech company during the primaries.
President-elect Joe Biden made a fundraising trip to California on Tuesday to tap high-profile tech and climate executives for key roles in his upcoming administration.
Biden met with executives including Lyft co-founder John Zimmer, Apple CEO Tim Cook, and former Google CEO Eric Schmidt, among others. The purpose of the meetings was to discuss potential appointments for key positions in the administration related to climate and technology.
Biden is focused on building an administration that reflects a diverse and inclusive America, and he hopes to draw from the experience and knowledge of top executives in Silicon Valley and the climate sector.
The meetings also included discussions on advancing Biden’s plans for a clean energy transition, particularly in California. The president-elect has pledged to invest $2 trillion over the next four years to advance climate solutions and create new jobs.
Biden hopes that these meetings will help him to build a strong team that can tackle these issues and drive progress forward. His transition team has made it clear that climate change will be a top priority for the administration, and that it plans to rely on experts from across the private sector to help guide policy decisions.
The fundraising trip to California was seen as a major success, with many executives pledging their support for the incoming administration. It is expected that Biden will announce several key appointments in the coming weeks and months as he builds out his team.