top | item 26836632

(no title)

undefined1 | 4 years ago

wow, you're not kidding. what are the chances they are going to bite their main investments and key donor class?

"About 98% of political contributions from internet companies this cycle went to Democrats"

https://www.cnbc.com/2020/11/02/tech-billionaire-2020-electi...

https://observer.com/2020/11/big-tech-2020-presidential-elec...

https://www.vox.com/recode/2020/10/30/21540616/silicon-valle...

discuss

order

hn8788|4 years ago

Obama's campaign manager said that Facebook flat out told them "we're on the same side" when they allowed them to abuse the same API Cambridge Analytica did.

yao420|4 years ago

Facebook, like all corporations, play every politician.

What do you think Trump and Zuckerberg talked about when they would have dinner at the White House?

dan-robertson|4 years ago

There’s two ways to look at donations from companies. When you donate to a political campaign in the us you need to write down your employer. So one way to look at it is by looking at where eg all the donations from people employed by Google went (big surprise: democrats, but also, the kind of democrats who have safe seats and policies to rein in big tech companies).

Another way to look at it is to look at the PACs run by tech companies. These are paid into by employees (often they may sign up to give some small amount of their pay automatically, and then forget about it), but they tend to make donations in the companies interests (mainly to an assortment of politicians with an aim to be balanced in some way) and do not lean massively towards democrats, or even towards politicians that align with the companies’ stated values (I’m talking about values that tend to be pro-immigration or pro-lgbt for example here). Two big tech companies that don’t have a PAC are Apple and IBM. Microsoft has one that disappears for a few months when employees start complaining about it (but it doesn’t ask for its donations back from politicians which it can do with likely success)

NationalPark|4 years ago

It's a little misleading to quote that without the context. The "98%" number is referring specifically to personal donations by the CEOs of tech companies (out of those who donated politically to someone at all) in the 2020 presidential election, not to political contributions from the companies they run.