r/technology • u/DontFearTheCreaper • 20h ago

Social Media Tech CEOs who grinned behind Trump at inauguration lose billions in wake of tariffs

https://www.independent.co.uk/news/world/americas/us-politics/trump-tariff-bezos-musk-zuckerberg-b2727147.html
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u/gizamo 20h ago

Trump will probably throw money at the companies he deems loyal. They'll use that money for buy backs, too.

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u/Little_candy_cream 20h ago

Maybe they should have thought twice about aligning with him

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u/javoss88 19h ago

I still don’t understand how these “move fast and break stuff” supposed “innovators” all lined up for him. They’re already richer than rich, what’s to gain?

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u/bobartig 19h ago

Mature tech CEOs are not 'move fast and break things' leaders anymore. Facebook owns the store. They aren't running around breaking things at this point because it only costs them money. Same with the rest of the Magnificent 7.

The Doge Douches were willing to break things because they don't care about the outcome. They don't think they "own" the federal gov't or the outcome, and the faster it gets destroyed, the sooner they can replace it with something else. So they're not even "moving fast and breaking things," they're "break things and then eventually make another thing instead."

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u/javoss88 18h ago

This rings true