Obama meets US tech titans, including Apple's Jobs

February 18, 2011

President Barack Obama Thursday met the cream of Silicon Valley business titans, including Apple's Steve Jobs, to seek input on how to speed up job growth and economic recovery.

Obama dined with a small group of 12 tech sector leaders that also included founder , Yahoo president and CEO Carol Bartz, Twitter CEO Dick Costello and chairman and CEO Eric Schmidt.

The group discussed "ways to work together to invest in American innovation and promote private sector job growth," said spokesman Jay Carney after the event.

Obama "believes that American companies like these have been leading by investing in the creativity and ingenuity of the American people, creating cutting-edge new technologies and promoting new ways to communicate."

The president discussed his proposals "to invest in research and development and expand incentives for companies to grow and hire, along with his goal of doubling exports over five years to support millions of American jobs."

There was also "a lot of discussion about ways to encourage people to study science, technology, engineering and math, and to go into STEM fields," Carney added.

The meeting took place amid renewed speculation about the health of Jobs, who last month embarked on his third medical leave from Apple since 2004.

Jobs underwent an operation for pancreatic cancer in 2004 and received a liver transplant in early 2009.

Apple's fortunes have been uniquely linked to Jobs, who returned to the then flagging company in 1997 after a 12-year absence and introduced innovative and wildly successful products like the iPod, and .

Obama also met the heads of Google, Facebook and Twitter for the first time since the search and social networks were judged to have played a key role in the Egyptian revolt which toppled president Hosni Mubarak.

On Tuesday Schmidt said Google was "very, very proud" of cyberactivist Wael Ghonim, a young executive at the company who emerged as a leading voice of the Egyptian uprising.

Ghonim, Google's head of marketing for the Middle East and North Africa, ran a Facebook page that was a key virtual gathering point for protest organizers.

In an interview with CBS's "60 Minutes", Ghonim said the protests would not have happened without online social networks.

"If there was no social networks, it would have never been sparked," he said.

"Without Facebook, without , without Google, without You Tube, this would have never happened."

On Friday Obama is due to travel on to the western state of Oregon to tour a site that will become one of the world's most advanced semi-conductor plants, as he seeks drive home his message that the US economy must innovate as it seeks to compete with rising giants India and China.

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not rated yet Feb 21, 2011
so for all those people invited, none of them are extremely huge employers, and none of their products are geared towards enterprise's at all (with very few exceptions from these companies). So why is obama meeting with companies whom build predominantly consumer products? it seems like he'd want to meet with tech companies that actually grow the industry (microsoft, 3com, nortel, cisco, etc)...as these companies grow, they put more products into other companies, which in turn causes them to hire more people to run said technologies. the same cannot be said for the companies named above.
facebook-small staff and not a company that helps to build jobs (in fact, some companies will fire you for being on facebook in the workday)
twitter-really, they are still even around....wtf
google-good number of employees but not enterprise focused
apple-same comment as google....
not rated yet Feb 21, 2011
... So why is obama meeting with companies whom build predominantly consumer products? it seems like he'd want to meet with tech companies that actually grow the industry....

Great question and the answer is even better you silly guy. The companies he is meeting with are ones that the typical Joe and Jane on the street know best. He is doing this for appearance, not for results. At least not for THAT kind of results. He has been meeting with "industry, union leaders, and academics" in various "job summits" over and over again for two years now. He is playing the puppet master and you and I are the audience. Isn't this fun? He really is a great president you know, getting all the "experts" to nod along with him. It won't mean a thing next month so don't worry about it. Even though no real progress has been made in that time, all they want is that next major election YOU remember that he seemed to TRY to create jobs. That is all that's really important after all.

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