One year in, Big Tech has out-maneuvered MAGA populists

January 20, 2026 Tina Nguyen

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Mark Zuckerberg, Lauren Sanchez, Jeff Bezos and Sundar Pichai attend the inauguration of U.S. President-elect Donald Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, DC. | Kenny Holston-Pool/Getty Images.

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Precisely one year ago, Steve Bannon, the powerful, populist MAGA podcaster, was thrilled at the sight of the Big Tech CEOs swarming around Donald Trump. In the days before his inauguration, the major players were visiting Mar-a-Lago, signing checks, even showing up to sit quietly behind him during his second …

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