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Silicon Valley billionaires are lining up to condemn racism. But the tech and VC industry has a shameful, decades-long history of ignoring and perpetuating inequality

1 month ago   |   By Business Insider

In memos to employees and public social media posts, Silicon Valley leaders voiced support for the call for social justice in the wake of the death of George Floyd in Minneapolis.
But their expressed concern for systemic mistreatment of blacks by police stands in contrast to the relatively little they've done to address endemic inequality in their own industry.
More than 20 years after the Rev. Jesse Jackson called out Silicon Valley for having few blacks and Latinos among its employees, executives and board members, such groups remain underrepresented, in many cases egregiously so.
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A billionaire tech investor is calling out Apple CEO Tim Cook for not speaking up publicly about the company's values amid protests over George Floyd's death

A billionaire tech investor is calling out Apple CEO Tim Cook for not speaking up publicly about the company's values amid protests over George Floyd's death

1 month ago   |   By Business Insider

Tech billionaire Vinod Khosla is urging Apple CEO Tim Cook to speak publicly about the company's values in light of the ongoing George Floyd protests.
Cook sent an internal memo to staff, which Bloomberg published in full.
But Khosla is urging the Apple CEO to speak out despite his relationship with President Trump.
Cook's memo discussed the issues of racial discrimination and inequality in the US, and outlined Apple's donation efforts and available support for employees.
Khosla says Cook should be willing to support his values with "actions that might cost them something."
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