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    Tuesday, December 17, 2013

    Obama To Meet With Apple's Tim Cook, Other Tech CEOs

    Apple CEO Tim Cook and other major tech CEOs will meet with President Obama Tuesday with to discuss the Obamacare site, cybersecurity and the economy.

    President Obama will meet with more than a dozen big-named tech CEOs on Tuesday to discuss cybersecurity and the failures of the Obamacare website.

    In attendance will be Apple (AAPL, Fortune 500) CEO Tim Cook, Google (GOOG,Fortune 500) Chairman Eric Schmidt, Facebook (FB, Fortune 500) Chief Operating Officer Sheryl Sandberg, Yahoo (YHOO, Fortune 500) CEO Marissa Mayer and Netflix(NFLX) CEO Reed Hastings among others

    A White House official said they will discuss how the tech sector can help the government avoid IT screw-ups like the healthcare.gov website rollout. They will also talk about national security and the impact of "unauthorized intelligence disclosures."
    The tech industry has protested some of the most high-profile National Security Agency snooping initiatives. Several prominent tech companies recently drafted a letter to Obama and Congress in opposition of the agency's surveillance activities on their servers and systems.
    The president will also talk to the CEOs about ways the administration can partner with tech companies to create more American jobs and address issues around income inequality.
    The tech sector has been one of the biggest growth drivers of the U.S. stock market and economy this year. Companies such as Netflix, Yahoo, Hewlett-Packard (HPQ,Fortune 500) and Google have all grown in the high double- and even triple-digit percentages.
    But many tech companies have complained that they are struggling to find enough American workers to fill their highest-paid engineering positions. They have also largelyfailed to elevate women and minorities to positions of power.
    Obama has many supporters in Silicon Valley, including Schmidt, who at one point wasrumored to be on the shortlist for Secretary of Commerce.
    Cook was a guest of First Lady Michelle Obama at this year's State of the Union address, after the Apple CEO announced that the company would bring back some Macintosh assembly to a factory in the United States.
    Representatives from Twitter (TWTR), Etsy, Dropbox, Salesforce (CRM), Zynga(ZNGA), Sherpa Global, Comcast (CMCSA, Fortune 500), LinkedIn (LNKD),Microsoft (MSFT, Fortune 500) and AT&T (T, Fortune 500) will also be in attendance.

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