January 20, 2025 - 02:32

In a recent interview on ABC's "This Week," Steve Bannon, former chief strategist for Donald Trump, made headlines by describing prominent technology executives as "supplicants" who have capitulated to the former president. Bannon's remarks highlighted a perceived shift in the tech industry's stance towards Trump, suggesting that these leaders have abandoned their previous criticisms and are now aligning themselves with his agenda.
Bannon's comments reflect a broader narrative that portrays the relationship between Trump and the tech sector as one of submission rather than collaboration. He argued that the so-called "tech oligarchs" have not only recognized Trump's influence but have also adjusted their positions to accommodate his policies and rhetoric. This assertion raises questions about the motivations behind this shift and the implications it holds for the future of technology and politics in the United States.
The interview has sparked discussions about the evolving dynamics between political leaders and major tech companies, as well as the potential consequences for innovation and regulation in the industry moving forward.
May 20, 2026 - 04:11
Senate Small Business Hearing Suggests Some Tariff Wariness - Coalition For A Prosperous AmericaA Senate Committee on Small Business and Entrepreneurship hearing last week featured only one manufacturer as a witness, and his testimony offered a mixed view on the current tariff policy. The...
May 19, 2026 - 11:54
Blackstone pledges $5B to launch TPU-powered AI cloud business with GooglePrivate equity giant Blackstone has committed $5 billion to launch a new U.S. data center company that will run on Google`s custom TPU chips. The venture, which targets 500 megawatts of capacity by...
May 18, 2026 - 19:29
Federal jury delivers verdict on Musk's lawsuit against OpenAIA federal jury has delivered a verdict in the high-stakes lawsuit filed by Elon Musk against OpenAI, the company behind the ChatGPT chatbot. Musk had accused the artificial intelligence firm of...
May 18, 2026 - 03:09
Thailand to Pare 7,000 Business Rules to Lure Foreign InvestmentThailand`s government, led by Prime Minister Anutin Charnvirakul, is preparing a major overhaul of its business regulations. The plan targets more than 7,000 existing rules and requirements, with...