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Tech CEOs Present $1 Trillion Savings Plan to Trump Administration

When Ginni Rometty, CEO of IBM strolled across the atrium connecting her company’s New York City office building and Trump Tower for a meeting with the President-elect’s incoming administration and tech industry leaders last month, she had a report in hand. Rometty held a copy of a cost savings proposal drafted by the Technology CEO Council, a think tank of IT chieftains on which she sits as a member alongside Dell Technologies CEO Michael Dell, Intel CEO Brian Krzanich, Oracle co-CEO Safra Catz, and others. The report concluded that the government could save more than $1 trillion over the next decade by enacting certain tech policies.

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Samsung and LG could launch foldable phones later this year

We might soon be able to buy actual foldable phones after years of looking at one concept after another. According to The Korea Herald, Samsung and LG are planning to launch bendable phones later this year. Samsung reportedly began working on a phone that folds out and turns into a 7-inch tablet in August, and it’s expected to roll out over 100,000 units in the third quarter. It apparently wasn’t a big challenge for the company, since it already previously developed a fold-in phone technology.

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