Tech companies appear to be taking heed of Trump’s promises
Washington — President-elect Donald Trump said on Tuesday that the head of Japanese telecoms and internet firm SoftBank Group had agreed to invest $50bn in the US towards businesses and create 50,000 new jobs. Shortly after that, it emerged Foxconn, the biggest assembler of Apple devices, was in talks about expanding the group’s US operations. Trump stopped in the lobby of Trump Tower in Manhattan, where he had been meeting advisers and potential Cabinet picks, along with SoftBank CEO Masayoshi Son. "Ladies and gentlemen, this is Masa from SoftBank of Japan, and he’s just agreed to invest $50bn in the US and 50,000 jobs," Trump said. Son told reporters his company would create jobs by investing in start-up companies in the US. "I just came to celebrate his new job. We were talking about it. Then I said I would like to celebrate his presidential job and commit, because he would do a lot of deregulation. I said this is great. The US would become great again," Son said. Foxconn gave no...
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