Oct
18

Silicon Valley Cozies Up to Washington, Outspending Wall Street 2-1

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  • Big tech is outspending banks, alumni get government jobs
  • Wishlist from trade to antitrust poses challenge to regulators

A political weather map of America would show Wall Street under a cloud, and Silicon Valley bathed in sunshine.

Over the Obama administration’s eight years, the technology industry has embedded itself in Washington. The president hung out with Facebook Inc.’s Mark Zuckerberg and hired the government’s first chief tech officer. At least at the lower levels of officialdom, the revolving door with companies such as Google is spinning ever faster — as it once did with Wall Street…

Silicon Valley Cozies Up to Washington, Outspending Wall Street 2-1

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