Marc Benioff’s call for troops in SF leads tech investor Ron Conway to leave Salesforce Foundation board

Salesforce CEO Marc Benioff’s comments regarding potential federal troop deployment in San Francisco have triggered backlash, leading venture capitalist Ron Conway to resign from the Salesforce Foundation board. This situation highlights tensions within the tech and philanthropic communities about government enforcement, corporate responsibility in public debates, and alignment of values between leaders and organizations.

Meta removes Facebook page allegedly used to target ICE agents after pressure from DOJ

Meta removed a Facebook group aimed at exposing ICE agents after DOJ intervention, citing violations of community standards. Attorney General Bondi emphasized efforts to stop platforms inciting violence against law enforcement. Similarly, Apple and Google have acted against apps like ICEBlock, raising debates over free speech versus public safety in technology.

CNBC Daily Open: Trump has the last word on U.S. stocks

U.S. markets experienced volatility, fluctuating between gains and losses due to trade tensions with China and President Trump’s tariff threats. Despite some positive earnings from major banks and Federal Reserve hints at policy pauses, uncertainty remains about the impact of geopolitical events on economic stability and investor sentiment.

Quantum stocks surge after JPMorgan investing push into strategic tech

JPMorgan Chase’s announcement to invest up to $10 billion in quantum computing and related sectors has spurred significant stock increases in firms like Arqit and D-Wave. CEO Jamie Dimon highlighted the need for domestic innovation. The initiative is part of a larger $1.5 trillion program aimed at strengthening America’s economic stability.

Musk calls for federal troops in San Francisco even as Benioff softens stance

Salesforce CEO Marc Benioff’s comments during Dreamforce regarding federal troops for public safety sparked controversy, drawing criticism from city leaders. He later clarified that cities should manage their own safety. Elon Musk supported federal intervention for crime, sharing a post from an addiction advocate. San Francisco officials emphasized positive trends in public safety.

Broadcom CEO says generative AI will become a much larger part of global GDP

Broadcom CEO Hock Tan predicts that artificial intelligence could increase its share of the global economy from 30% to 40%, potentially adding $10 trillion to GDP. The company’s stock has surged as it partners with OpenAI to develop AI accelerators and expands collaborations with major cloud providers, positioning itself at the forefront of AI advancements.

CNBC Daily Open: There’s a hopeful mood in the Middle East and the markets

U.S. President Trump declared the war in the Middle East over during a speech at Israel’s parliament, calling it a relief for both Israelis and Palestinians. Financial markets responded positively, especially technology stocks, following announcements from JPMorgan and Broadcom regarding significant investments and partnerships with OpenAI, boosting stocks significantly.

China opens antitrust probe into the U.S. chip giant Qualcomm

Qualcomm’s stock fell nearly 4% after Chinese regulators launched an investigation into its acquisition of Autotalks, citing potential anti-monopoly violations. This scrutiny reflects escalating tensions between the U.S. and China, impacting American tech firms. Analysts see it as part of Beijing’s strategy to counter U.S. influence in technology.