Jun 10, 2017

Venture capitalists, emerging tech entrepreneurs invited to meet with Trump


The White House has invited venture capitalists and entrepreneurs to meet about emerging tech trends, such as drones and the Internet of Things, and regulations surrounding them, first reported by Buzzfeed and confirmed by Axios.

The meeting is being organized by U.S. Deputy Chief Technology Officer Michael Kratsios, former chief of staff to Silicon Valley investor and Trump supporter Peter Thiel.

Tech meeting blitz: The meeting is slated for June 22, per Buzzfeed — three days after Trump is slated to meet with technology company CEOs about policy issues such as cybersecurity, immigration and modernizing government IT systems.

Why it matters: Trump may be bogged down by political drama, but his staff focused on innovation issues have been working behind the scenes — and out of the news cycles – to forge relationships with technology sector leaders. Despite expressing public concern for some of Trump's policies, the industry still seems willing to show up. And entrepreneurs and investors don't have to worry about employee and customer backlash at the same scale as bigger tech brands.

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Exclusive: Global trust in the tech industry is slipping

Illustration: Aïda Amer/Axios

The backlash against Big Tech has long flourished among pundits and policymakers, but a new survey suggests it's beginning to show up in popular opinion as well.

Driving the news: New data from Edelman out Tuesday finds that trust in tech companies is declining and that people trust cutting-edge technologies like artificial intelligence less than they do the industry overall.

"It was 30 years ago, get over it": Mike Bloomberg's partner brushes off NDA concerns

Diana Taylor at a Mike Bloomberg event last month. Photo: Ron Adar/Echoes Wire/Barcroft Media via Getty Images

Diana Taylor, Mike Bloomberg's longtime partner, dismissed the concerns surrounding non-disclosure agreements used at his company, Bloomberg LP, telling CBS News that she would say to those bothered by the allegations, "It was 30 years ago, get over it."

Why it matters: Democratic candidates have used the NDAs as a talking point against Bloomberg, calling on him to allow women to speak about the reported sexual harassment and gender discrimination they faced while working for him.

Trump's opportunity to use Bernie as an economic scapegoat

Illustration: Aïda Amer/Axios. Photos: Zach Gibson/Stringer, The Washington Post/Getty Contributor

Bernie Sanders is poised to become an economic scapegoat for both the White House and Corporate America, assuming that Sanders comes through Super Tuesday unscathed.

The big picture: If the U.S. economy remains strong, President Trump and CEOs will claim credit (as they've been doing for three years). If it turns sour, they'll blame Bernie (even though it's a largely baseless charge).