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Tags: silicon | tech | reeling | trump win

Silicon Valley Stung By Trump Win

Silicon Valley Stung By Trump Win

 (Getty Images)

By    |   Wednesday, 09 November 2016 09:14 PM EST

Silicon Valley is reeling from Democrat Hillary Clinton's loss in Tuesday's presidential election as it faces the reality of working with President Donald Trump once he takes office in January.

According to NBC News, members of the tech community gave $60 to Clinton for every dollar it donated to Trump. That stark difference proved how much the liberal voting bloc wanted Trump, who in the past has advocated for a boycott on Apple products after the company refused to help the government in the San Bernardino terror investigation, to lose.

Ultimately, Trump wants to see more U.S.-based companies build their products stateside instead of overseas.

"Trump would like to force them to do it, and I don't believe you can do this by force," Ivan Feinseth of Tigress Financial Partners told NBC. "You should try to economically incentivize it."

Also in play are H-1B visas, which allow highly skilled workers to come to the U.S. and work. The tech industry is home to several of these workers.

"[Trump's] anti-immigration stance is potentially the most obvious issue for technology companies," Dan Ridsdale of Edison Investment Research told the Los Angeles Times.  "But while he has stated his opposition to the H-1B specialty occupation nonimmigrant visa, he has also said that he supports highly skilled immigration."

Some in the tech industry even went as far to say they would help fund California's secession from the union. 

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Politics
Silicon Valley is reeling from Democrat Hillary Clinton's loss in Tuesday's presidential election as it faces the reality of working with President Donald Trump once he takes office in January.
silicon, tech, reeling, trump win
234
2016-14-09
Wednesday, 09 November 2016 09:14 PM
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