Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on the day's biggest business stories
Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter
Stay on top of the latest market trends
Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.
Sports news worthy of your time
Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.
Tech news worthy of your time
Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.
Get the inside stories
Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Want a daily digest of the top Denver news?
Get a daily digest of the most important stories affecting your hometown with Axios Denver
Want a daily digest of the top Des Moines news?
Get a daily digest of the most important stories affecting your hometown with Axios Des Moines
Want a daily digest of the top Twin Cities news?
Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities
Want a daily digest of the top Tampa Bay news?
Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay
Want a daily digest of the top Charlotte news?
Get a daily digest of the most important stories affecting your hometown with Axios Charlotte
Want a daily digest of the top Nashville news?
Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.
Want a daily digest of the top Columbus news?
Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.
Want a daily digest of the top Dallas news?
Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.
Sign up for Axios NW Arkansas
Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters
President Donald Trump signs a memorandum to expand access to STEM and computer science education at the WH Monday. Photo:Alex Brandon / AP
The Internet Association announced Tuesday that its member companies, including Google, Facebook and Amazon, will contribute a combined total of more than $300 million to support the Trump administration's new initiative, announced yesterday, aimed at expanding access to STEM and computer science education. Lockheed Martin and Salesforce, which are also contributing, have sent their top executives to Detroit to make the formal announcement with Ivanka Trump today.
Why it matters: Despite the tense relationship between the tech industry and the Trump administration, major tech firms are financially supporting this effort because it's of vital business importance to them.
They repeatedly say they need a stronger pipeline of employees with STEM backgrounds to fill tech jobs. Finding an area of alignment with the administration is also smart politics for Silicon Valley companies that are feeling heightened Washington scrutiny.
Member contributions:
- Amazon, Facebook, Google, Microsoft, and Salesforce each commit $50 million.
- Lockheed Martin commits $25 million.
- Accenture commits more than $10 million.
- General Motors and Pluralsight both commit $10 million.
- Private individuals and foundations commit $3 million to nonprofits focused on computer science education.
- Detroit-based Quicken Loans commits the financial resources required to ensure more than 15,000 Detroit Public Schools students receive the computer science training they deserve.
- Intuit and Internet Association are also making "a significant contribution."
CEOs joining Ivanka Trump in Detroit today:
- Lockheed Martin Chairman, President & CEO Marillyn Hewson.
- Quicken Loans Chairman Dan Gilbert.
- Salesforce.org CEO Rob Acker.
- Code.org CEO Hadi Partovi.
- Internet Association President & CEO Michael Beckerman
Take note: Amazon, Facebook, Google, Microsoft, and General Motors — all companies facing increased backlash from both Washington and their own employees for their increasing political roles — have not sent a CEO to Detroit to represent them.
Livestream the announcement.