Silicon Valley gets tight on Donald Trump handouts, and Hillary Clinton feels the squeeze too

Silicon Valley donations have dwindled

Silicon Valley is tepid on support for both presidential candidates Donald Trump and Hillary Clinton with donations ($3.5m) representing a mere fraction of what was offered to Barack Obama and Mitt Romney in the 2012 race ($11m).

Trump has raised less than six per cent of what Romney managed from donors in the tech industry in 2012 by this point in the election cycle.

Reuters reports that Clinton has raised more than 25-times Trump did from the tech industry although it sits at an estimated half of Obama’s income.

The funding was calculated by Crowdpac that estimates Trump has taken a mere $128,000 from 238 tech donors. Romney’s 2012 $2.3m casts shade on Trump’s popularity in Silicon Valley. Clinton on the other hand has taken home around $3.4m, failing way short of Obama’s $8.8bn.

Trump’s list of affronts to the tech industry include calling for a boycott of Apple goods (while he used a Samsung smartphone) and accusing Jeff Bezos of running a monopoly in Amazon.

Republican supporter and chief executive of HPE, Meg Whitman, has urged those in her party to fund Democratic candidate Clinton rather than the New York mogul.

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