Tech sector gathers in Lisbon in shadow of Trump victory [Video]

The Web Summit will bring together some 70,000 attendees with more than 3,000 startups and 1,000 investors, organisers say.Photo: Patricia DE MELO MOREIRA / AFPSource: AFP

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Leading lights of the tech industry are meeting in Lisbon on Tuesday for the Web Summit, the sector’s first big event since the US election, with Donald Trump’s victory expected to be a key theme of their discussions.

The tech industry is holding its breath to see what Trump’s second term will bring when he takes over in January, especially as SpaceX and Tesla chief Elon Musk is expected to have a huge influence on the next US government.

During Trump’s last term from 2017 to 2021, big tech firms were often at odds the with the president, particularly given his crackdown on immigration and ramping up the trade war with China.

The …

Tags Funding, Investment, Investment Money