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SYM Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Symbotic Inc. - Contact Kessler Topaz Meltzer & Check, LLPBarrett Bus Servs BBSI has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 0 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 2 0 0 0 3M Ago 0 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Barrett Bus Servs, presenting an average target of $44.0, a high estimate of $45.00, and a low estimate of $41.00. Observing a 3.53% increase, the current average has risen from the previous average price target of $42.50. Decoding Analyst Ratings: A Detailed Look The perception of Barrett Bus Servs by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Vincent Colicchio Barrington Research Maintains Outperform $45.00 $45.00 Vincent Colicchio Barrington Research Raises Outperform $45.00 $41.00 Jeff Martin Roth MKM Raises Buy $45.00 $43.00 Vincent Colicchio Barrington Research Maintains Outperform $41.00 $41.00 Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Barrett Bus Servs. This information offers a snapshot of how analysts perceive the current state of the company. Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Barrett Bus Servs compared to the broader market. Price Targets: Delving into movements, analysts provide estimates for the future value of Barrett Bus Servs's stock. This analysis reveals shifts in analysts' expectations over time. Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Barrett Bus Servs's market standing. Stay informed and make well-considered decisions with our Ratings Table. Stay up to date on Barrett Bus Servs analyst ratings. If you are interested in following small-cap stock news and performance you can start by tracking it here . All You Need to Know About Barrett Bus Servs Barrett Business Services Inc is a provider of payroll administrative services and staffing services. The company categories of services include professional employer services and staffing. Professional employer services offer payroll management, payroll tax services, and workers' compensation coverage solutions, as well as workforce management services, including hiring and termination of employees. Staffing offers temporary staffing services, as well as contract staffing, long-term or indefinite on-site management, and direct placement services. The company operates in the United States of America. It generates maximum revenue from the Professional employer service fees. Barrett Bus Servs: A Financial Overview Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity. Revenue Growth: Barrett Bus Servs's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 7.66% . This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector. Net Margin: Barrett Bus Servs's net margin excels beyond industry benchmarks, reaching 6.67% . This signifies efficient cost management and strong financial health. Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 9.47%, the company showcases effective utilization of equity capital. Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.78%, the company showcases effective utilization of assets. Debt Management: Barrett Bus Servs's debt-to-equity ratio is below the industry average at 0.1 , reflecting a lower dependency on debt financing and a more conservative financial approach. Analyst Ratings: What Are They? Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions. Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors. If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro . Which Stocks Are Analysts Recommending Now? Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market . This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Hair Transplant in Turkey: Affordable, High-Quality Solutions for Hair Loss
A Kingston, Ont. teacher is facing charges after allegedly assaulting two students in a classroom setting earlier this month. Police say in a news release the incident happened on Nov. 12. The suspect is an occasional teacher employed by the Limestone District School Board. The teacher's identity and the school where the incident occurred were not disclosed. The two students received minor injuries, police say. The school board said in a statement it is aware of the charges and will cooperate with police. The board is also conducting its own investigation into the matter. "Student safety and well-being are our first priorities at all times. If something occurs that impacts student safety and well-being, it is of significant concern to us all," the board said in an email to CTV News. No further information was provided, citing privacy reasons. A 44-year-old suspect from Kingston was arrested and charged with two counts of assault. The suspect was released on an undertaking and will appear in court at a later date. Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. 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Auto manufacturers, especially those new to the industry, often contract with other manufacturers and suppliers to help them design their products. Tata Technologies, which is part of Tata Industries, was hired by VinFast to design the chassis and suspension components for some of its cars. Hazar Denli, a chassis design engineer working for Tata Technologies, told the BBC recently that he identified improperly designed components in the suspension systems designed by Tata Technologies that could fail, putting people at risk of serious injury. Under stress, such as hitting a pothole at speed, the front wheels could become misaligned, causing the car to veer to the left or right without prompting, and the driver could lose control, Denli said. “We saw, for example, the front strut-to-knuckle connection was loosening, which could be extremely dangerous. It could cause a loosening of the entire structure that could cause wheels to come off. In a crash scenario, it could be completely unsafe. It could cause the vehicle to lose control.” In fact, during testing, there were incidents of a front wheel actually snapping off, he said. Denli was appointed to lead the engineering team working on VinFast front suspension and chassis design in September 2022 when the design and testing program was already well underway and there was intense time pressure to get the project completed. Soon after he started work there, he became concerned that VinFast was cutting corners and keeping costs down by employing a small team of inexperienced engineers while de-emphasizing safety. His concerns got more serious when he heard three of his predecessors had quit after short spells on the project. In February and March of 2023, during vigorous testing of VinFast cars, two components snapped off and another two failed. As the testing continued, further failures occurred. Denli reported the “extremely concerning” incidents to colleagues at Tata Technologies Limited, the consultancy’s UK division. “In the drive units, some of the brackets were completely failing and falling out on to the road.” He made his concerns known to senior executives at TTL and VinFast and recommended they redesign the components, but that would have required VinFast to postpone production of the car. VinFast was about to move forward with an initial public offering on the New York Stock Exchange and decided to start production anyway. Denli asked to be assigned to another project but senior managers refused. Not wanting to be associated with the VinFast project any longer, he resigned With his skills in high demand, he soon found another position in chassis design, this time at Jaguar Land Rover, which is also owned by Tata Group. While working in his new position, reports of problems with VinFast VF6 and VF7 cars continued to appear online. Then, on April 24, 2024, a family of four was killed while riding in a VinFast automobile in Pleasanton, California. Police reported the vehicle lost control, veered off the road, hit a pole, and caught fire. The reports of the crash prompted Denli to post on Reddit that he had worked on the design of the car and it was a vehicle he believed put lives at risk. “I would get into every other vehicle I have designed from other brands ... and every vehicle has flaws. ... But Vinfast, I wouldn’t get into one ... never will and I won’t let my loved ones get into one either,” he wrote. Two months later, on 18 July, 2024, his contract at JLR was terminated. According to the BBC , it has reviewed confidential emails between executives at Tata Group showing they retaliated against Denli for posting his concerns on Reddit. Then they went even further and had him blacklisted. Internal documents obtained through a Data Subject Access Request reveal Tata Technologies HR director Patrick Flood discussed his company’s wish to have Denli’s new employment terminated with JLR’s HR director and board member Dave Williams. Flood told Williams that Tata Group client VinFast had conducted its own investigation and identified Denli as the author of the Reddit posts: “The concern is if he has done this now, he could do the same at JLR.” The same day he was sacked, Denli was blacklisted on industry recruitment platform Magnit , which told JLR he had been “red-flagged,” which meant any applications from him for other work using its platform would be automatically declined. Denli is now taking JLR to an employment tribunal. “I was distressed as to what was happening around the world where innocent people were paying the price — a very high price,” he told the BBC . “I thought that if some people would start to speak up about it, they would actually be forced to make some changes.” In UK employment law, workers have some protection from employer retaliation if they disclose information they reasonably believe shows the health and safety of any individual is likely to be endangered. Under the Public Interest Disclosure at Work Act 1998, any clause in a contract that seeks to bind them to silence is void. The US Department of Labor says, “An employer cannot retaliate against you for exercising your rights under the Department of Labor’s whistleblower protection laws. Retaliation includes such actions as firing or laying off, demoting, denying overtime or promotion, or reducing pay or hours. Retaliation occurs when an employer (through a manager, supervisor, or administrator) fires an employee or takes any other type of adverse action against an employee for engaging in protected activity. An adverse action is an action which would dissuade a reasonable employee from raising a concern about a possible violation or engaging in other related protected activity. Retaliation can have a negative impact on overall employee morale.” Good luck with that. While you are sitting at home trying to figure out how to pay your rent, your employer will be hiring an army of Armani-clad attorneys to string your case out until your entire financial world collapses. The BBC report did not delve into how Denli is supporting himself now, but once the whispering campaign begins, it’s hard to find work in your chosen field. The really scary part, at least for Americans, is that President Musk is hellbent on eliminating NHTSA, the Labor Department, and virtually every other federal agency as part of the mandate he says he received in the last election to slash the size of government. What this story is really about is how money — and the pursuit of it — distorts any notion of basic fairness. If a few families die because the wheels fall off their cars unexpectedly, well that is unfortunate, but no reason to slow the acquisition of ever increasing piles of money. No allegations can be allowed to interrupt an IPO or decrease corporate profits. Hazar Denli is just another person — one of millions — who has been chewed up and spit out by the insatiable maw of weaponized capitalism that makes profits the sole raison d’etre for corporations. CleanTechnica's Comment Policy LinkedIn WhatsApp Facebook Bluesky Email Reddit
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Bill forcing hospitals to administer ivermectin, other requested treatments nears finish lineSquare has launched a partnership with foodservice distributor Sysco to provide restaurants with better technology. The collaboration, announced Wednesday (Dec. 18), makes Square a Sysco “Restaurant Solutions partner,” meaning that its technology suite will be promoted, co-marketed and sold to Sysco’s customers. “Sysco is committed to helping our customers succeed through innovative solutions and technology,” Neil Russell , the company’s chief administrative officer, said in a news release. “Square’s technology is comprehensive and easy-to-use for operators and workers alike, and we know that their solutions can help food and beverage businesses work smarter, operate more efficiently, and find new avenues of growth.” In addition to the partnership, Square has announced new features for restaurants, designed to become fully available early next year. For example, bars and restaurants can now preauthorize tabs for customers paying with credit cards or digital wallets . “This feature is especially critical for bars and breweries, allowing these sellers to streamline service and start tabs without holding onto guests’ cards, all while protecting their bottomline,” the news release said. There’s also an Instant Payouts feature, letting restaurants using Square Checking receive funds for orders made through third-party delivery platforms instantly and without added fees, giving sellers immediate access to their revenue. “Cash flow is a major pain point for restaurants, particularly as margins get tighter, and with third-party delivery platforms continuing to grow in popularity, the delay in time-to-money for the orders they fulfill – up to 11 days in some cases — can be extremely challenging,” Square said. PYMNTS looked at the challenges restaurants face in maintaining operations earlier this month in an interview with Mitchell Hipp , divisional vice president at Rewards Network. “Between the Small Business Administration and banks, not a lot of them want to talk to you,” he said, noting that — in these organizations’ eyes — restaurants are a risky lending proposition. “Most restaurants are undercapitalized to begin with, and it’s the No. 1 business that fails in the U.S.,” he said. “Six months goes by quickly when you open up a smaller restaurant. Unless people are flocking through the doors, it almost immediately becomes a situation where [owners] are chasing their tails from day one.”
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Cannabis REIT Innovative Industrial Properties Is Finally A BuyBy Jill Colvin and Alanna Durkin Richer, The Associated Press NEW YORK — A number of President-elect Donald Trump ‘s most prominent Cabinet picks and appointees have been targeted by bomb threats and “swatting attacks,” Trump’s transition team said Wednesday. The FBI said it was investigating. “Last night and this morning, several of President Trump’s Cabinet nominees and Administration appointees were targeted in violent, unAmerican threats to their lives and those who live with them,” Trump transition spokesperson Karoline Leavitt said in a statement. She said the attacks ranged from bomb threats to swatting, in which attackers initiate an emergency law enforcement response against a target victim under false pretenses. The tactic has become a popular one in recent years. Leavitt said law enforcement and other authorities acted quickly to ensure the safety of those who were targeted and Trump and his transition team are grateful. Among those targeted were New York Rep. Elise Stefanik, Trump’s pick to serve as the next ambassador to the United Nations ; Matt Gaetz, Trump’s initial pick to serve as attorney general ; and former New York congressman Lee Zeldin, who has been tapped to lead the Environmental Protection Agency. President-elect Donald Trump arrives to speak at a meeting of the House GOP conference, followed by Rep. Elise Stefanik, R-N.Y., Wednesday, Nov. 13, 2024, in Washington. (AP Photo/Alex Brandon) AP Law enforcement officials are also looking into whether Susie Wiles, Trump’s incoming chief of staff, and Pam Bondi, the former Florida attorney general whom Trump has chosen as Gaetz’s replacement, and other incoming administration officials were also victims — as well as how each was targeted, according to a law enforcement official who spoke on condition of anonymity as the investigation continues. Wiles and Bondi did not immediately respond to requests for comment. The FBI said in a statement that it was “aware of numerous bomb threats and swatting incidents targeting incoming administration nominees and appointees” and was investigating with its law enforcement partners. The FBI added: “We take all potential threats seriously, and as always, encourage members of the public to immediately report anything they consider suspicious to law enforcement.” White House spokesperson Saloni Sharma said President Joe Biden had been briefed and the White House is in touch with federal law enforcement and Trump’s transition team. Biden “continues to monitor the situation closely,” Sharma said, adding the president and his administration “condemn threats of political violence.” Stefanik’s office said that, on Wednesday morning, she, her husband, and their 3-year-old son were driving home from Washington for Thanksgiving when they were informed of a bomb threat to their residence in Saratoga County. Her office said “New York State, County law enforcement, and U.S. Capitol Police responded immediately with the highest levels of professionalism.” The New York State Police said a team was dispatched to sweep Stefanik’s home on Wednesday morning in response to the bomb threat but did not locate any explosive devices. The agency directed further questions to the FBI. Zeldin said in a social media post that he and his family had been threatened. “A pipe bomb threat targeting me and my family at our home today was sent in with a pro-Palestinian themed message,” he wrote on X . “My family and I were not home at the time and are safe. We are working with law enforcement to learn more as this situation develops.” Police in Suffolk County, Long Island, said emergency officers responded to a bomb threat Wednesday morning at an address listed in public records as Zeldin’s home and were checking the property. In Florida, the Okaloosa County sheriff’s office said on Facebook that it “received notification of a bomb threat referencing former Congressman Matt Gaetz’s supposed mailbox at a home in the Niceville area” around 9 a.m. Wednesday. Rep. Elise Stefanik, R-N.Y., is seated before President-elect Donald Trump arrives at a meeting of the House GOP conference, Wednesday, Nov. 13, 2024, in Washington. (AP Photo/Alex Brandon) AP While a family member resides at the address, the office said, Gaetz “is NOT a resident.” No threatening devices were found. Gaetz was Trump’s initial pick to serve as attorney general, but he withdrew from consideration after allegations that he paid women for sex and slept with underage women. Gaetz has vehemently denied any wrongdoing and said last year that a Justice Department investigation into sex trafficking allegations involving underage girls had ended with no federal charges against him. The threats follow a political campaign marked by disturbing and unprecedented violence. In July, a gunman opened fire at a Trump rally in Butler, Pennsylvania, grazing the then-candidate in the ear with a bullet and killing one of his supporters. The Secret Service later thwarted a subsequent assassination attempt at Trump’s West Palm Beach, Florida, golf course when an agent spotted the barrel of a gun poking through a perimeter fence while Trump was golfing. Trump was also the subject of an Iranian murder-for-hire plot , with a man saying he had been tasked with planning the assassination of the Republican president-elect. Also this week, authorities arrested a man they say posted videos on social media threatening to kill Trump, according to court documents. In one video posted on Nov. 13, Manuel Tamayo-Torres threatened to shoot the former president while holding what appeared to be an AR-15 style rifle, authorities said Among the other videos he posted was one from an arena in Glendale, Arizona on Aug. 23, the same day Trump held a campaign rally there, according to court papers. An attorney for Tamayo-Torres did not immediately respond to a request for comment Wednesday. Public figures across the political spectrum have been targeted in recent years by hoax bomb threats and false reports of shootings at their homes. About a year ago the FBI responded to an uptick in such incidents at the homes of public officials, state capitols and courthouses across the country around the holidays. Many were locked down and evacuated in early January after receiving bomb threats. No explosives were found and no one was hurt. Some of those targeted last year were Georgia Lt. Gov. Burt Jones, Boston Mayor Michelle Wu and Ohio Attorney General Dave Yost. In Wu’s case, a male caller told police he had shot his own wife and tied another man up. When police and EMT responders arrived at the address given by the caller, they quickly realized it was the Boston mayor’s home. Wu, a Democrat, has also been targeted by many swatting calls since she took office in 2021. The judges overseeing the civil fraud case against Trump in New York and the criminal election interference case against him in Washington were both targeted earlier this year. Justice Department special counsel Jack Smith, who recently abandoned the two criminal cases he brought against Trump, was also the subject of a fake emergency call on Christmas Day last year. Earlier this year, schools, government buildings and the homes of city officials in Springfield, Ohio, received a string of hoax bomb threats after Trump falsely accused members of Springfield’s Haitian community of abducting and eating cats and dogs. And in 2022, a slew of historically Black colleges and universities nationwide were targeted with dozens of bomb threats, with the vast majority arriving during the celebration of Black History Month. The U.S. Capitol Police said in a statement Wednesday that anytime a member of Congress is the victim of a swatting' incident, “we work closely with our local and federal law enforcement partners.” The force declined to provide further details, in part to “minimize the risk of copy-cats.” Republican House Speaker Mike Johnson called the threats “dangerous and unhinged.” “This year, there was not just one but TWO assassination attempts on President Trump,” he wrote on X . “Now some of his Cabinet nominees and their families are facing bomb threats.” He added: “It is not who we are in America.” Richer reported from Washington. Associated Press writers Colleen Long and Eric Tucker in Washington, Scott Bauer in Madison, Wisconsin, and Anthony Izaguirre in Albany, New York, contributed to this report. Read more political news Ohio governor signs bill limiting bathroom use by transgender students Pa. legislators’ base pay to crack $110K for first time after latest round of raises Walmart’s DEI rollback signals a profound shift in the wake of Trump’s election victoryCandidates supported by Indonesia's newly elected President Prabowo Subianto appear set to win crucial regional elections, bolstering his agenda, with the exception of Jakarta. Observers anticipate smoother policy implementation and increased political power for Prabowo. Over 200 million Indonesians participated in the election across 37 provinces, 93 cities, and 415 districts. Although official results are pending between November 30 and December 15, independent pollsters report Prabowo's coalition, with backing from former President Joko Widodo, emerged victorious in key provinces like Central, West, and East Java. Despite the triumph, Jakarta presents a challenge. The opposition's candidates lead in polls by a slim margin ahead of a potential runoff. Experts believe Prabowo's enhanced influence will facilitate executing his pledges and pave the path for a presidential run in 2029.
In the wake of President-elect Donald Trump’s 2016 presidential victory, Big Tech companies became central hubs of the so-called “resistance” against him, firing up censorship and deplatforming campaigns, culminating in the then-former president’s banishment from Facebook and Twitter after the Jan. 6, 2021 riot. Google CEO Sundar Pichai and Google founder Sergei Brin famously led thousands of employees in protest against Trump’s immigration policies. During the 2020 campaign, Big Tech platforms even censored discussions of the Hunter Biden laptop story in order to curry favor with his father and Trump’s opponent — former Vice President Joe Biden. But since Trump’s reelection in November, Big Tech executives appear to be bending the knee rather than trying to kneecap their former foe. Pichai and Brin, for instance, traveled to Mar-a-Lago to dine with Trump. Apple CEO Tim Cook and Amazon founder Jeff Bezos followed suit in getting face time with Trump, the New York Times reported . The month before, Meta CEO Mark Zuckerberg met with the former and incoming president at Mar-a-Lago. The knee-bending continued when Meta , Amazon and OpenAI CEO Sam Altman each announced donations to Trump’s inaugural fund within days of one another, further cementing tech’s shift away from the anti-Trump banner. “I do see it as this overt, if not explicit, apology for them meddling in things they ought not be meddling, which is with our democratic elections,” Joel Thayer, a D.C.-based tech and telecom lawyer, told the Daily Caller News Foundation, referring to rampant social media and search engine censorship in the 2020 elections. “And on the other end, they’re acknowledging that the population has shifted,” Thayer said. “The way we think about Trump-like policies is actually fairly good for the American worker and just individuals in general. And you saw that through the popular vote.” Before the recent outpouring of support from the likes of Zuckerberg and Pichai, Elon Musk’s endorsement of Trump proved to be a game-changer. According to former PayPal CEO Peter Thiel, one of Trump’s early backers in 2016, Musk made other tech executives feel “safer” in coming out to support the former president during the campaign. Tech investors David Sacks and Marc Andreesen were among the relative handful of tech world notables who supported Trump in the general election. Andreessen recently told Bari Weiss of The Free Press that the tech moguls’ new embrace of Trump can be boiled down to the Biden Administration’s “anti-capitalist” policies that showed a “seething contempt” for the tech industry. “I don’t think there’s been an administration this radical on economic and tech policy I don’t think in like — ever,” Andreessen said, adding that President Joe Biden’s office has had an “extreme level of anti-business, anti-tech animus.” The Biden-Harris plan to increase taxes on unrealized gains, for example, had the potential to kill small businesses and prevent new tech startups which had historically driven the industry, he argued on Weiss’ Honestly podcast. This move would particularly harm the rapidly-growing AI industry, which is heavily reliant on private innovation. The Biden Administration wanted tight oversight of the sector, placing sweeping restrictions on AI via executive order in 2023, while Trump has vowed to allow the industry to “freely develop.” Andreessen told Weiss he was left “very scared” for the AI industry after meeting with the Biden Administration. “They said, ‘look, AI is a technology basically that the government is going to completely control,'” Andreessen said. “They actually said flat out to us, ‘don’t do AI startups like, don’t fund AI startups, it’s not something that we’re going to allow to happen, they’re not going to be allowed to exist.'” Andreessen was told that the administration was considering classifying all AI science, allowing it only to be developed by the federal government. congrats to President Trump. i wish for his huge success in the job. — Sam Altman (@sama) November 6, 2024 Biden similarly moved to place heavy restrictions on cryptocurrency and advocated for a federally- controlled digital dollar. Not long after Trump was elected, he nominated pro-crypto Securities and Exchange Commission (SEC) chair Paul Atkins — cryptocurrency stocks suddenly skyrocketed in response. The Biden Administration has largely targeted Big Tech, slapping Google , Amazon, Meta and Apple with antitrust lawsuits within his single term, aiming to crack down on their market dominance. Amazon previously made no effort to hide its left-leaning bias, removing books from its site that criticized the transgender movement and Covid-19 vaccines . In September it was forced to address an “error” in which Amazon’s Alexa apparently expressed support for Vice President and former Democratic presidential nominee Kamala Harris over Trump. Despite this, Bezos and Amazon CEO Andy Jassy both came out in support of Trump following the election. “Congratulations to President-elect @realDonaldTrump on a hard-fought victory,” Jassy wrote in an X post. “We look forward to working with you and your administration on issues important to our customers, employees, communities, and country.” Big congratulations to our 45th and now 47th President on an extraordinary political comeback and decisive victory. No nation has bigger opportunities. Wishing @realDonaldTrump all success in leading and uniting the America we all love. — Jeff Bezos (@JeffBezos) November 6, 2024 “Every company is going to want to just talk to the leaders and see how things are going to shape up and potentially even influence some of those policies,” Thayer said. “I think it’s an acknowledgment that the Overton window has shifted a bit, and it’s shifted in a way that seems to align with Trump-like priorities.” At least some tech companies may be worried about Trump’s trade agenda, Thayer explained. Trump’s proposed tariffs on Chinese goods in particular could have monumental impacts on the tech world. (RELATED: Trump Sends Clear Message To Big Tech With His Pick For Top DOJ Spot) “Apple will probably make a very hard case that it should be exempted from all of these tariffs,” Thayer told the DCNF. “And so I imagine that they are almost certainly trying to beg and plead to fall outside the scope of some of those interactions.” As recently as 2023, Forbes reported that over 95% of Apple products are manufactured in China. Apple CEO Tim Cook reportedly asked Trump under his previous administration to take a softer stance on immigration to allow the company to source more foreign tech workers. Cook met with the president-elect earlier this month, according to The New York Times. “Apple and Google in particular are certainly trying to cater to Trump a little more aggressively than other tech companies, mainly because they’re in the hot seat,” Thayer said. TikTok CEO Shou Zi Chew quickly followed suit and met with the president-elect on Monday at Mar-a-Lago as a ban on the Chinese-owned app looms near, CNN reported . During Trump’s first term in office the then-president deemed the video sharing platform a national security threat and pledged to ban the app unless TikTok’s parent company, ByteDance, abandoned ownership and sold it to a U.S. company. Biden has since followed through on the promise, and a ban of the app is set to go into effect in 2025. Despite his position during his first term, Trump has seemingly softened his stance on TikTok, suggesting he may consider ways to reverse the ban . This shift is possibly due to narrowing public support for the ban, especially among young voters, with whom Trump has gained appeal. Trump has also touted his popularity on the platform leading up to the election, jokingly stating in a speech Sunday, “Maybe we got to keep this sucker [TikTok] around for a little while.” For the historically Democrat Silicon Valley, the tides appear to be shifting at least in part due to the policies of the Biden Administration. The tech industry, which has experienced significant growth in recent decades that has been largely driven by private innovation and small startups, may struggle under strict government control, and Trump could be seen as a potential solution to its challenges. “They were very cozy with the Democratic Party for a very long time, and now I think they’re starting to recognize that there’s now an overt majority of folks who just flat out don’t agree with Democratic priorities, and so at the end of the day, they are going to have to come back and talk to the other people in power,” Thayer said. 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Ex-Colorado footballer Bloom dedicates time to fulfilling wishes for older adults
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