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Stock impact report

Trump is surrounding himself with a tight-knit group of right-wing tech barons [MSNBC.com]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: MSNBC.com
“They’ve turned profits into power,” said Rob Lalka, author of the book “The Venture Alchemists,” which came out this year and profiled many of the figures who are headed into the administration.Lalka, a professor at Tulane University’s Freeman School of , said several characteristics define the technologists surrounding Trump, including their wealth and skepticism of institutions and the heavily online personas they’ve created. And he said they have a shared history, with many of them overlapping at Stanford University during and after Thiel’s time there.“That contrarianism, it doesn’t come out of nowhere. It comes from real-life experiences they had as college students,” he said.In other words: A right-wing faction has coalesced within the usually progressive tech industry, and much of it is preparing to make Washington a second home for the next four years.The Trump transition team describes it as a natural fit.“President Trump’s agenda includes economic, energy and regulatory poli Show less Read more
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