The Trump administration’s reach into private businesses has begun causing confusion and anxiety in Silicon Valley, with a dozen technology executives revealing the administration’s announcements of government stakes in companies have had a chilling effect, Yasmin Khorram of Politico reports. “The political climate has made it increasingly difficult for technology companies, or any kind of company, to avoid kissing the ring,” one tech executive told the journal. Companies in the space include Microsoft (MSFT), Meta (META), Amazon (AMZN), and Google (GOOGL).
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