Why Megadonors Are Unfazed by Donald Trump’s Guilty Verdict
www.nytimes.com
Money flowed into the former president’s re-election campaign from Wall Street and Silicon Valley following Thursday’s historic conviction.

With the billionaires backing him, it’s going to be on us as individual Americans to make sure Trump doesn’t end up in the White House again. That means not just voting but talking with people around you, volunteering and donating

  • AutoTL;DR@lemmings.worldBEnglish
    5·
    6 months ago

    This is the best summary I could come up with:

    Donald Trump is the first sitting or former president to be convicted of a felony in U.S. history, after a jury ruled that he falsified business records to cover up a sex scandal with a porn star that could have sunk his 2016 campaign.

    David Sacks, the venture capitalist who will co-host a San Francisco fund-raiser for Trump next week, called it a “sham trial” and said that the former president had lots of supporters in the tech world who were afraid to admit it.

    Ron DeSantis of Florida, and die-hard critics of Biden like Elon Musk slammed the trial, with the tech entrepreneur saying the ruling damaged the “public’s faith in the American legal system.”

    Skydance is now viewed as the front-runner in the race to merge with Paramount, which owns MTV, CBS and the movie studio behind “Top Gun,” after Sony and Apollo backed away from a rival $26 billion bid.

    Shares in chipmakers Nvidia and AMD fell in premarket trading following a Bloomberg report that the Biden administration was slowing the licensing of high-end chips to the region for fears they could fall into the hands of Chinese companies.

    Earlier this week, Lenovo, the Chinese tech company, said it would sell $2 billion worth of bonds to Saudi Arabia’s sovereign wealth fund and build a research and development hub in Riyadh.

    The original article contains 1,755 words, the summary contains 224 words. Saved 87%. I’m a bot and I’m open source!