Big names descend on White House for Trump's technology summit
US president offers some solace for execs on concerns his immigration policies would deny the industry talent
Washington
US President Donald Trump promised "sweeping transformation" in the federal government's use of technology as he welcomed top executives from many of the world's largest tech companies to the White House.
The meeting on Monday brought leaders of an industry whose key figures have at times openly clashed with Mr Trump. But none of the executives criticised the president in public sessions, and Mr Trump projected a jovial mood, touting the gains in technology stocks since he took office and expressing confidence his administration would overcome such long-running challenges as modernising the air traffic system.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Brokers’ take: DBS cuts Venture Corp price target after Q1 earnings miss
Garmin’s Q1 results beat on strong demand for fitness, auto products
Foxconn’s musical chairs sound like punk rock
US sets up board to advise on safe, secure use of AI
Regulate AI? How US, EU and China are going about It
Meta’s results are best viewed through rose-tinted AI glasses