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(Reclaim The Net)—Reid Hoffman, the tech mogul known for co-founding LinkedIn, is reportedly orchestrating a major funding initiative to support Vice President Kamala Harris’s bid for the presidency. He is said to be rallying Silicon Valley’s elite to amass around $100 million for her campaign. However, Hoffman’s support comes with specific demands: he is pressing for the dismissal of Lina Khan, the FTC’s leading antitrust official who has been cracking down on Big Tech monopolies.
Hoffman has also been vocal about his disdain for current tariffs and his preference for the US to revert to its longstanding free trade policies, which he discussed in a CNN interview.
CNN reporter Matt Egan highlighted Hoffman’s specific grievances against FTC Chair Lina Khan, whom he accused of harming American businesses. Hoffman hoped that under a Harris presidency, Khan would be replaced.
“Lina Khan is…a person who is not helping America,” Hoffman told CNN. “I would hope that Vice President Harris would replace her.”
Hoffman sits on the board of Microsoft which acquired LinkedIn in 2016 for $26.2 billion in an all-cash transaction.
“Antitrust is fine…Waging war is not,” said Hoffman.
In his commentary over the years, Hoffman has consistently opposed strong antitrust measures against Big Tech companies. His stance was reiterated in a 2021 Washington Post interview, underscoring his view that antitrust actions are detrimental to innovation.
The New York Times suggested that Harris might be yielding to pressure from influential donors like Hoffman concerning the FTC’s leadership. While Harris has supported regulatory measures in areas like artificial intelligence, she reportedly harbors doubts about Khan’s aggressive antitrust approach.
Lina Khan, appointed as the Chair of the Federal Trade Commission (FTC) in June 2021, has significantly reshaped the agency’s approach towards antitrust and competition, especially concerning Big Tech companies.
Since her appointment, Khan has spearheaded aggressive regulatory actions aimed at curbing the dominance of major technology firms, reflecting a broader shift towards more stringent antitrust enforcement in the digital economy. Under her leadership, the FTC has ramped up scrutiny on mergers and acquisitions involving Big Tech companies, challenging deals that historically might have slipped under the radar. Khan’s FTC has also expanded efforts to regulate unfair competition practices and enhance consumer protections against privacy violations, setting a new precedent for how regulatory bodies tackle the immense influence of tech conglomerates.
Vice Presidential candidate J.D. Vance, a venture capitalist and political figure, has shown surprising support for Lina Khan’s rigorous stance on antitrust issues, particularly in the context of Big Tech. Despite his conservative background and initial involvement in the tech industry, Vance has advocated for stronger regulatory measures against Big Tech, aligning with Khan’s approach.
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Five Reasons to Believe Trump’s Would-Be Assassins Are Deep State Assets
by JD Rucker
Tinfoil hat time. By no means am I going to convince anyone with this short article that Ryan Wesley Routh (or Thomas Michael Crooks, for that matter) is an asset for the Deep State. That is not the intention because to “prove” it would be as impossible as “proving” anything…
Hurricane Forecasts Poised to Be Spectacularly Overstated, Raising Doubt About Climate Science
by Just The News
Penn State celebrity climate scientist Michael Mann announced in April that his research group’s 2024 North Atlantic season forecast was expecting an “unprecedented” 33 named storms, with a range between 27 and 39. That prediction has turned out to be a dud. With Hurricane Francine hitting the coasts Thursday, the…
Another Attack on President Trump Prompted Prepper Surge
by Sponsored Post
The 2nd attempted assassination of Donald Trump has prompted renewed concerns over the nation’s future. Website traffic on Sunday was higher than it’s been in our history. One does not have to be a Republican to realize that chaos may be in store for us soon. At Prepper All-Naturals, we’re…
DJT’s Attempted Assassin Made 19 Donations to Democrats
by Independent Sentinel
The attempted assassin of Donald J. Trump is Ryan Wesley Routh, who has made 19 donations to Democrats. The donations were to Elizabeth Warren, fake Hispanic Beto O’Rourke, Andrew Yang, Tom Steyer, and Tulsi Gabbard. Allegedly, Routh also claimed to have fought in Ukraine in 2022 and supported the war….
Dem Rep. Crockett: MAGA Is a Domestic Threat, Trump Is Stoking Them
by Breitbart
Representative Jasmine Crockett (D-TX) said Sunday on MSNBC’s “Inside” that MAGA is a domestic threat that former President Donald Trump is stoking them. Crockett said, “Springfield is going through hell, but they are going through hell because the guy who says he wants to be the commander-in-chief is actually bringing…
Sunlight and Clouds, Not CO2, Drive Earth’s Climate, New Study Finds
by The Epoch Times
This year’s summer months were characterized by cold outdoor pools that eagerly welcomed guests, concrete that scorched the soles of bare feet, and popsicles that melted in the relentless, blazing heat. In August, the European Commission’s Copernicus report found that the global average temperature had reached record highs in the…
The Man That Just Tried to Assassinate Donald Trump Has Very Alarming Links to Ukraine
by Michael Snyder
(End of the American Dream)—We are starting to learn more about Ryan Routh’s background, and what we have learned may help to explain why he attempted to shoot Donald Trump. It turns out that Routh is a rabid pro-Ukraine activist. In 2022, he actually traveled to Ukraine to fight in the…
Bill Gates Forecasts Another Global Pandemic ‘Likely’ Within Next 25 Years in Ominous Health Warning
by End Times Headlines
War or another global pandemic, Microsoft CEO Bill Gates is cautioning that, if the world manages to avoid the former, the latter is a very real possibility within the next 25 years. “A lot of unrest” in today’s age could spark a major war, he told CNBC’s “Make It.” “If…
US Foreign Policy Should Defy China, Recognize Taiwan as a Country
by The Gateway Pundit
The U.S., as the world’s most powerful country, should have an independent foreign policy. Currently, the U.S. abides by the One-China policy to appease Beijing. The U.S. should no longer allow Beijing to dictate its foreign policy and should recognize the independence of Taiwan, a high-functioning, multi-party democracy whose citizens…
Florida Will Conduct Investigation Into Trump Assassination Attempt: DeSantis
by Jack Phillips
Florida Gov. Ron DeSantis on Sunday announced the state will launch its own investigation into the apparent assassination attempt targeting former President Donald Trump earlier in the day. The FBI has said in a statement it is investigating the matter as an assassination attempt, while law enforcement officials said on…
‘Stop This Reckless Escalation’: Robert F. Kennedy Jr. Tells Biden Not to Authorize Long-Range Missile Attacks on Russian Territory
by The Gateway Pundit
The world is handing on the edge of a major escalation with unpredictable consequences, as Ukraine relentlessly pushes for the US to make decisions that can have unpredictable consequences. All around the world, peace-loving people who can see the danger ahead are cautioning the western NATO powers – notably the…