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Former Yahoo chief Marissa Mayer has contributed $ 200,000 to reverse efforts to recall Governor Gavin Newsom and to deepen the governor’s substantial support in Silicon Valley.
Mayer’s spending strengthens Newsom’s massive cash advantage over Republican rivals and further demonstrates the deep support Newsom, a former San Francisco mayor, has from California’s powerful technology industry. After leaving Yahoo, Mayer co-founded Sunshine, a company that uses artificial intelligence to create consumer-centric apps.
The bigger picture: The tech industry has stepped up to shield Newsom. Netflix CEO Reed Hastings Newsom led the way with $ 3 million, and Newsom has received six-figure infusions from investor Ron Conway, former Google CEO Eric Schmidt, and Laurene Powell Jobs, president of the Emerson Collective and widow of Apple co-founder Steve Jobs.
Republicans looking to replace Newsom couldn’t get it, despite Oracle co-founder and prominent Republican donor Larry Ellison donating $ 32,400 to celebrity and former Olympian Caitlyn Jenner. This is the maximum amount donors can put into candidate accounts.
Newsom has been able to have Contributions Without Limits because California has no limits on the money spent on electoral boards and the recall itself is considered an electoral measure. Republicans recently set up their own electoral committees in addition to their candidate accounts, but they haven’t generated anywhere near the sums that Newsom has.