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Why Kamala Harris will prove to be better for big technology firms?

NEW DELHI | There have been attempts in the past to rein in several large tech firms in the world, including unreliable investigations in the US or the European Commission paying tech companies their respective taxes. As such, the arrival of Kamala Harris as the upcoming Vice President of the US is nothing less than a blessing for the ‘Phang or FAANG’ family (Facebook, Apple, Amazon, Netflix and Google). However, Harris has also been one of the few who supported the idea of ​​breaking Facebook (splitting up) into Facebook last year. He talked about improvements in technology and better protection of consumers’ data.

In an interview with CNN, Harris said, “Facebook has experienced massive growth and prioritized its growth over the best interests of its consumers. We need to seriously consider breaking Facebook. ”

Harris’ political journey began primarily in San Francisco and he also has many friends here in Silicon Valley who belong to several billionaire groups in the tech sector.

When Biden announced him as the vice-presidential candidate from the Democratic Party in the month of August, Facebook COO Sheryl Sandberg posted a photo of Harris on Instagram, supporting him as well. His claim to black women and girls around the world was described as a big moment.

In addition, celebrities such as Salesforce CEO Mark Benioff, Airbnb CEO Brian Chesky and Yahoo’s then-executive Marissa Mayer and Apple’s Johnny Eve were involved in the fundraising process during Harry’s reelection as California Attorney General in 2014. Were involved.

There are many such instances, in which better relations have been seen between Kamala and technical companies, due to which it may prove to be better for them in the coming time.

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