Why Trump's win is both good and bad news for tech giants like Apple and Amazon

That there's little love lost between Donald Trump and Silicon Valley is hardly a new revelation. But while a Trump Administration's relationship with the tech elite is bound to be more distant and chillier than a Clinton Administration's would have been, its policies may simply be sub-optimal for the tech sector rather than disastrous -- and with some notable silver linings. On one hand, a lack of the close ties prominent tech execs formed with the Obama Administration, and appeared set to maintain with a Clinton Administration, could cause some problems. Obama, who recently guest-edited an issue of Wired magazine and gave the publication a thoughtful interview on various tech topics, has been willing to lend an ear to Silicon Valley's views on issues such as autonomous driving regulations, encryption keys, artificial intelligence research and STEM education funding. Trump, who appears to know much less about tech and briefly called for a boycott of Apple (AAPL) in response to the company's unwillingness to help break the encryption on an iPhone used by one of the San Bernardino shooters, probably won't be holding talks with the likes of Tim Cook and Facebook's (FB) Mark Zuckerberg and Sheryl Sandberg as frequently.