Apple CEO Tim Cook, Alphabet CEO Larry Page, and others will attend Trump's tech summit next week, according to Recode.
The group of tech leaders will meet with President-elect Donald Trump on Wednesday at Trump Tower in Manhattan. The meeting will reportedly include most of the key players in the sector.
Those who will be attending (although most of the companies declined to comment to Recode) along with Page, Cook and Sandberg, include: Microsoft CEO Satya Nadella; Cisco CEO Chuck Robbins; IBM CEO Ginni Rometty; Intel CEO Brian Krzanich; and Oracle CEO Safra Catz.
“I plan to tell the President-elect that we are with him and will help in any way we can,” said Catz in a statement. “If he can reform the tax code, reduce regulation and negotiate better trade deals, the U.S. technology industry will be stronger and more competitive than ever.”
Notably, Jeff Bezos, CEO of Amazon, has been invited and sources say he is likely to attend. Bezos' Washington Post has aggressively attacked Trump throughout his campaign. On Twitter, Trump accused the Amazon CEO of buying the paper to exert political power.
While Trump has been critical of Apple's position on encryption, he is in favor of a tax cut that would allow U.S. companies to repatriate money from offshore at a tax rate of 10%. Apple CEO Tim Cook has called for a more fair rate. "When we bring it back, we will pay 35 percent federal tax and then a weighted average across the states that we're in, which is about 5 percent, so think of it as 40 percent. We've said at 40 percent, we're not going to bring it back until there's a fair rate. There's no debate about it."
Trump becomes President on Friday, January 20, 2017.
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The group of tech leaders will meet with President-elect Donald Trump on Wednesday at Trump Tower in Manhattan. The meeting will reportedly include most of the key players in the sector.
Those who will be attending (although most of the companies declined to comment to Recode) along with Page, Cook and Sandberg, include: Microsoft CEO Satya Nadella; Cisco CEO Chuck Robbins; IBM CEO Ginni Rometty; Intel CEO Brian Krzanich; and Oracle CEO Safra Catz.
“I plan to tell the President-elect that we are with him and will help in any way we can,” said Catz in a statement. “If he can reform the tax code, reduce regulation and negotiate better trade deals, the U.S. technology industry will be stronger and more competitive than ever.”
Notably, Jeff Bezos, CEO of Amazon, has been invited and sources say he is likely to attend. Bezos' Washington Post has aggressively attacked Trump throughout his campaign. On Twitter, Trump accused the Amazon CEO of buying the paper to exert political power.
While Trump has been critical of Apple's position on encryption, he is in favor of a tax cut that would allow U.S. companies to repatriate money from offshore at a tax rate of 10%. Apple CEO Tim Cook has called for a more fair rate. "When we bring it back, we will pay 35 percent federal tax and then a weighted average across the states that we're in, which is about 5 percent, so think of it as 40 percent. We've said at 40 percent, we're not going to bring it back until there's a fair rate. There's no debate about it."
Trump becomes President on Friday, January 20, 2017.
Read More