For a while, it seemed as if President Donald Trump would get the back of Big Tech.
Now, the technology industry is side effects in its global trade war.
On Thursday, President of the European Commission Ursula von der Lin Proposal From setting a “tax on advertising revenue for digital services” if the tariff negotiations with the United States go south. This will be the opposite result that technology executives love Mark Zuckerberg They were hoping when they supported the new administration.
For a person like Zuckerberg, Trump was supposed to be the strong armed leader to bring the arrogant European Union to the heel. Instead, the speech between the United States and the European Union is escalating just weeks before the European Union He was already appointed to a fine Meta (and Apple) to violate its digital market law.
While certainly more than a self -wound, Elon Musk It has increased the popularity of the United States as it increased its support for President Trump, ” Silver He wrote this week. Tesla share price, at the same time. It lost more than a third of its value this year, and thanks to the definitions, The company was removed The option to buy new US -making cars in China.
As I am Last week predictedTiktok is particularly tight through the aggressive Chinese definitions of Trump, which the country promised “Fighting to the end.” Although the work is still as usual for the TIKTOK rank and its file, the fate of the application in the United States feels increasingly fraught with risks. When he was asked this week about the date for reaching the Tiktok deal in the United States, a A spokesman for the Chinese Ministry of Commerce said The government “opposes practices that ignore market economy laws, looting by force, and damaging legitimate rights and interests of institutions.”
“There will be a lot of dialogue until that is resolved.” Adam ForeogHe said this week of definitions. The situation is a chaos that US Securities Market Tanks “also drowned the ability to infer comments” from shareholders about Applovin, foroughi He said Bloomberg.
If there is anything, this week is a reminder that the technology industry has grown significantly and to the extent that its leading companies are tools for leverage between countries. In times of relative peace, this effect can be useful for large technology. When things become hostile, large technology is placed in the intersection.
Some job changes worth noting in the world of technology:
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