It's Trump's America now: Tech, trillionaires, and TikTok

Bitcoin and Tesla soar, print subs set to skyrocket, all change at the regulators, Vance gets the keys to AI, Google and Zuck sweat, and Musk makes bank (again)

The red wave that crashed across the US on election night will now spread like a tsunami across tech, valuations, AI, policy, antitrust, and the news media.

There are wins and losses across the board. Soaring subscriptions are expected at the New York Times and Washington Post, and Elon Musk’s X will be a big winner.

Substack founder Hamish McKenzie also flagged the election a win for independent publishers, as Trump chose non-traditional outlets to share his message.

A Republican White House will almost certainly mean the departure of Lina Khan from the FTC, where she’s taken Apple, Amazon, and Meta, to book.

And the back of Jonathan Kanter at the Department of Justice, after he brought successful antitrust actions against Google.

But analysts are predicting Google’s fate will not improve under a Trump administration. Zuckerberg is also in his sights. And Trump is now a TikTok fan.

It will be a while before the dust settles, but some of the implications are already breaking the surface. That’s what today is about.

Welcome first to new subs over the past few days from LinkedIn, Ofcom, TikTok, Apple, Newsquest, The Georgetown University Law Center, The Associated Press, Expedia, The Red Cross, Warner Music, as well as Australia’s ABC, Sydney Morning Herald and Nine Entertainment, among others.

OK, let’s go…