See our media citations from outlets around the nation this week:
Nvidia Scrambles for a Response to Antitrust Scrutiny (The New York Times)
The Justice Department has started investigating Nvidia’s sales practices and will review one of the company’s most recent acquisitions. As government scrutiny of its business has increased, Nvidia has been slowly building its presence in Washington. It has seven lobbyists working on its behalf, according to OpenSecrets, a government transparency group. Much of their focus has been on responding to the Biden administration’s crackdown on chip sales to China, which last year accounted for 17 percent of the company’s $60.9 billion in sales.
What to know about Wesley Bell and his win over ‘Squad’ member Cori Bush (Washington Post)
Wesley Bell, the St. Louis county prosecutor, unseated Rep. Cori Bush in the Missouri 1st Congressional District’s Democratic primary. By the end of June, Bell had four times as much cash on hand as Bush. Outside groups — mostly the pro-Israel lobby, opposed to her pro-Palestinian views — spent more than $12 million in ads that attacked Bush and supported Bell, according to Washington nonprofit OpenSecrets.
Trump’s tech backers are ‘making a big mistake,’ Sequoia’s Mike Moritz says (CNBC)
As leading tech investors continue to vocally take sides ahead of the 2024 presidential election, legendary venture capitalist Michael Moritz is making his preference clear. Moritz wrote in his op-ed that Trump’s tech financiers and supporters were “making the same mistake as all powerful people who back authoritarians.” He wrote that wealthy financiers believe “they will be able to control Trump,” or else are committing “another cardinal error: deluding themselves that he will not do what he says or promises.” Moritz's Republican giving included earlier support for Arnold Schwarzenegger, when he was governor of California, Mitt Romney in 2007, and John Kasich’s 2010 and 2014 gubernatorial runs in Ohio, according to OpenSecrets.
