Trump meets Silicon Valley elite after
mutual mistrust in campaign
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[December 15, 2016]
By Gina Cherelus and Dustin Volz
NEW YORK/WASHINGTON (Reuters) -
President-elect Donald Trump and some of Silicon Valley's most powerful
executives met at his Manhattan tower on Wednesday, a summit convened to
smooth over frictions after both sides made no secret of their disdain
for each other during the election campaign.
The meeting focused chiefly on economic issues, including job creation,
lowering taxes and trade dynamics with China, while largely skirting the
many disagreements the tech industry has with Trump on matters ranging
from immigration to digital privacy, according to a Trump transition
team statement.
Trump proposed reconvening with the tech leaders as often as every
quarter, the statement said.
Three of Trump's adult children, Donald Jr., Eric and Ivanka, sat at the
head of a large rectangular table as the meeting began in a conference
room on the 25th floor of Trump Tower.
Their attendance may fuel further concern about potential conflicts of
interests for Trump, who has said he would hand over control of his
business empire to his children while he occupies the White House.
Vice President-elect Mike Pence was also there. Guests sat in front of
paper name plates and bottles of water sporting the Trump brand logo.

The meeting between tech luminaries, including Apple Inc's Tim Cook,
Facebook Inc's Sheryl Sandberg and Tesla Motors Inc's Elon Musk, took
place as Trump has alarmed some U.S. corporations with his rhetoric
challenging long-established policy toward China, a main market for
Silicon Valley.
A senior Chinese state planning official told the China Daily newspaper
Wednesday that Beijing could slap a penalty on a U.S. automaker for
monopolistic behavior, a warning delivered days after Trump questioned
acknowledging Taiwan as part of "one China."
The official did not identify the automaker.
"There's nobody like the people in this room, and anything we can do to
help this go along we're going to do that for you," Trump told the
executives in the presence of reporters. "You call my people, you call
me, it doesn't make any difference. We have no formal chain of command."
Trump added: "We're going to make fair trade deals. We're going to make
it a lot easier for you to trade across borders."
Other participants included Alphabet Inc's Larry Page and Eric Schmidt,
Amazon.com's Jeff Bezos, Microsoft Corp's Satya Nadella, and Ginni
Rometty from IBM.
Twitter was not invited to the meeting because it was too small, a
transition spokesman told Reuters.
Cook and Musk joined Trump for separate meetings after the other
technology executives leave, according to a spokesman for Trump's
transition team.

Bezos said in a statement the meeting was "very productive" and that he
"shared the view that the administration should make innovation one of
its key pillars, which would create a huge number of jobs across the
whole country, in all sectors, not just tech - agriculture,
infrastructure, manufacturing -everywhere."
'SOME HESITATION'
Trump clashed with Silicon Valley on several issues during the election
campaign, including immigration, government surveillance and encryption,
and his surprise victory last month alarmed many companies that feared
he might follow through on his pledges. He has said that many tech
companies are overvalued by investors.
"You look at some of these tech stocks that are so, so weak as a concept
and a company and they're selling for so much money," he told Reuters in
an interview in May.
[to top of second column] |

President-elect Donald Trump speaks as (2nd L to R) PayPal
co-founder and Facebook board member Peter Thiel, Apple Inc CEO Tim
Cook and Oracle CEO Safra Catz look on during a meeting with
technology leaders at Trump Tower in New York U.S., December 14,
2016. REUTERS/Shannon Stapleton

Those concerns have not been assuaged in recent weeks as Trump has
threatened to upset trade relationships with China and appoint
officials who favor expanded surveillance programs.
"For some of the companies, there was some hesitation about whether
to attend" because of sharp political and personal differences with
Trump, one tech industry source said.
More than 700 employees of technology companies pledged in an open
letter on Tuesday to refuse to help Trump's administration build a
data registry to track people based on their religion or assist in
mass deportations.
Silicon Valley enjoyed a warm rapport with President Barack Obama
and heavily supported Democrat Hillary Clinton during the
presidential campaign.
Alphabet's Schmidt was photographed on election night at Clinton
headquarters wearing a staff badge, and Musk said in interviews
before the election that Trump's character reflected poorly on the
United States.
Despite those tensions, Trump named Musk to a business advisory
council that will give private-sector input to Trump after he takes
office on Jan. 20. The CEOs of Airbnb and Uber were invited but did
not attend Wednesday's gathering. Uber's Travis Kalanick, traveling
in India all week according to a person familiar with his plans, was
also appointed to the council.
From the employees of the 10 largest Fortune 500 tech companies,
Trump raised just $179,400 from 982 campaign donors who contributed
more than $200. Clinton raised $4.4 million from the employees of
the same companies, with more than 20,400 donations, a Reuters
review of contribution data found.

Trump publicly bashed the industry during the campaign. He urged his
supporters to boycott Apple products over the company's refusal to
help the FBI unlock an iPhone associated with last year's San
Bernardino, California, shootings, threatened antitrust action
against Amazon and demanded that tech companies build their products
in the United States.
Trump has also been an opponent of the Obama administration's "net
neutrality" rules barring internet service providers from
obstructing or slowing consumer access to web content. Two advisers
to his Federal Communications Commission transition team are
opponents of the rules, as are the two Republicans on the FCC.
Last week, the two Republicans on the panel urged a quick reversal
of many Obama policies and one, Commissioner Ajit Pai, said he
believed that net neutrality's "days are numbered."
(Additional reporting by David Shepardson, Andy Sullivan, Grant
Smith, Heather Somerville, Steve Holland, Jim Finkle and Jeffrey
Dastin; Editing by Alistair Bell and Grant McCool)
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