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Stock impact report

California Today: ‘Tech Needs to Do Better,’ Says Silicon Valley Congressman [The New York Times]

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Image Representative Ro Khanna, from California’s 17th Congressional District centered in Santa Clara and other parts of Silicon Valley, in Los Angeles in January. Credit Reed Saxon/Associated Press By Charles McDermid May 25, 2018 Good morning. (Want to get California Today by email? Here’s the sign-up .) “The greatest challenge of our time,” Representative Ro Khanna of Fremont said, “is the concentration of economic opportunity by geography.” Mr. Khanna, a 41-year-old patent lawyer, is a first-term congressman from the 17th District of California, in the heart of Silicon Valley. He’s a self-avowed tech junkie who’s drawn support from the industry’s top players. Yet he’s joked that his district has some of “the biggest egos known to humankind” and he is adamant that Silicon Valley is too exclusive, hardly diverse enough and benefits far too few. “Tech needs to do better,” Mr. Khanna, a Democrat, said on Thursday. “The achievements here are Show less Read more
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