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Peter Thiel Said to Join Trump’s Presidential Transition Team

“I did vote”, he said. “I feel like my rights and my values have essentially been greatly diminished”. The proposal illustrates the technology industry’s frustration with Trump over his repeated criticisms of Silicon Valley companies. And albeit quite slowly, these companies have also begun hiring women and minorities at greater numbers.

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Speaking for Trump as a delegate at the Republican National Convention this summer and again a week before the election, Thiel echoed what had become a popular refrain among Trump’s electorate: government is broken and outsiders are the only ones who can fix it.

There had been rumors Thiel was going to be tapped for the Supreme Court by Trump-he had applied for clerkships with Justices Scalia and Kennedy when he was younger.

Most importantly, the economic policy that Trump heralded during the election is not in harmony with venture capitalists and tech community and will have serious repercussions in the coming days.

While president-elect Donald Trump has lined up against the tech sector on a number of significant issues, from net neutrality to worldwide trade agreements and looser immigration policies for skilled tech workers, his stance on overseas cash would be a boon for many big technology firms. “We all need to hope for the best but plan for the worst”. Now Amazon investors must grapple with the possibility of President Trump taking aim at the company.

“As for protecting the Internet, any attack on the Internet should be considered a provocative act that requires the utmost in protection and, at a minimum, a proportional response that identifies and then eliminates threats to our Internet infrastructure”, Trump told Scientific American.

According to the report, Ted Dean, deputy assistant secretary for services at the U.S. Department of Commerce, said that “any move away from the commitments the U.S. has made after long negotiations with the European Union would face “tremendous pressure” from industry”. A Trump administration is unlikely to expand regulatory oversight on encryption, or in areas of innovation like artificial intelligence, meaning there will be “a lot more freedom to innovate with data and algorithms, so that is very good for tech”, Mr. Atkinson said.

Silicon Valley’s “leaning liberal” image has mirrored its effort to maximize profits by importing foreign engineers and software coders under the U.S. Labor Department’s H-1B visa program for foreigners with “distinguished merit and ability”. “I’ve dedicated my life to service in this country”.

“Somehow the Clintons did not remember”, he said. These leaders said they maintain their strength and will continue to fight to bring equality and opportunity to every person who wants to work in tech.

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Tristan Walker, founder of Walker & Co. and entrepreneur-in-residence at venture capital firm Andreessen Horowitz tweeted in support for Democratic nominee Hillary Clinton and that he is terrified of what the future holds.

Peter Thiel gives remarks at the National Press Club