Kamala Harris Chooses Tim Walz as Running Mate in US Presidential Election

- Former President Donald Trump has chosen Ohio Senator J.D. Vance as his running mate for the 2024 election. - Vance, known for his memoir 'Hillbilly Elegy,' was a venture capitalist before his Senate career, working at Mithril Capital and Revolution. - At Revolution, Vance helped launch Rise of the Rest, investing in startups outside major tech hubs, and led deals into companies like Aatmunn and AppHarvest. - Vance later founded Narya Capital, focusing on underserved U.S. areas, with backing from notable investors like Peter Thiel and Marc Andreessen. - After winning his Senate race, Vance stepped back from Narya, which is now managed by co-founder Colin Greenspon. Source: Techcrunch

- More Americans trust Kamala Harris to handle the US economy than Donald Trump, according to a new poll by the Financial Times and the University of Michigan Ross School of Business. - The survey marks the first time the Democratic presidential candidate has led Trump on economic trust since the poll began nearly a year ago, with 42% of voters favoring Harris over Trump's 41%. - Harris's numbers show a significant improvement compared to Biden's in July, reflecting a shift in voter sentiment following Biden's withdrawal from the presidential race. - Despite strong US growth and employment figures, Biden struggled to convince voters of the benefits of his economic policies, a challenge Harris may overcome as 60% of those surveyed suggest she should diverge from Biden's economic platform. - The poll also highlights ongoing economic concerns among voters, with only 19% feeling better off since Biden took office and 42% believing they would be better off under another Trump presidency. Source: [Financial Times](https://www.ft.com/content/cf9a7c4d-3b82-4867-892c-f4f95daebbc7)

- President Joe Biden has decided not to seek re-election, endorsing Vice-President Kamala Harris as his successor. - Biden announced his decision in a social media letter, citing the best interest of his party and the country. - Biden has not been seen in public since his Covid-19 diagnosis and plans to address the nation later this week. - Kamala Harris, who aims to become the first female president, has received endorsements from prominent Democrats including Bill and Hillary Clinton. - Biden's decision follows a period of intense debate within the Democratic Party and declining poll numbers against Donald Trump. Source: Financial Times

- On Saturday, Kamala Harris campaigned for Joe Biden in Cape Cod, Massachusetts, expressing confidence in defeating Donald Trump in November. - Biden announced the suspension of his re-election campaign, endorsing Harris, who confirmed her own bid for the White House. - Harris aims to unite the Democratic party and the nation to defeat Trump, with 107 days until Election Day. - Biden's endorsement and support from prominent Democrats solidify Harris as the frontrunner, though challenges and DNC rules remain uncertain. - Harris's potential presidency would mark historic firsts, including being the first female, Asian-American, and second Black president. Source: Financial Times

- Donald Trump, known for mocking Kamala Harris, surprisingly complimented her looks during an interview with Elon Musk. - Trump compared Harris to his wife Melania, calling her 'beautiful' and likening her to a 'great first lady'. - This unexpected praise came after Trump had previously labeled Harris a 'third-rate phony candidate' and a 'radical left lunatic'. - Netizens had mixed reactions, with some joking about Trump's comments and others criticizing his inconsistency. - Despite the praise, Trump continued his verbal attacks on Harris for the remainder of the conversation. Source: [https://www.hindustantimes.com/world-news/us-news/donald-trump-gushes-over-kamala-harris-appearance-on-time-magazines-cover-compares-her-beautiful-looks-with-101723547659098-amp.html](https://www.hindustantimes.com/world-news/us-news/donald-trump-gushes-over-kamala-harris-appearance-on-time-magazines-cover-compares-her-beautiful-looks-with-101723547659098-amp.html)

- Silicon Valley, once a liberal stronghold, sees a growing number of tech investors supporting Trump for the 2024 election. - Prominent figures like Elon Musk, Marc Andreessen, and Keith Rabois have publicly endorsed Trump, citing dissatisfaction with the Democratic Party's policies. - The shift is driven by both ideological and commercial reasons, including opposition to Biden's tax plans and regulatory measures. - Despite this trend, the majority of Big Tech leaders and donations still favor the Democratic Party. - The support for Trump reflects broader national political divides and a strategic bet on his potential victory. Source: FT

- Kamala Harris raised $204mn in July, significantly outpacing Donald Trump's $48mn, following her replacement of Joe Biden on the Democratic ticket. - Harris's campaign ended July with $220mn in cash on hand, compared to Trump's $151mn, showcasing a surge in enthusiasm for her candidacy. - On July 22, Harris's campaign received a record 631,000 small donations in a single day, surpassing Trump's best day of 450,000 donations. - Harris's fundraising success has brought her level with Trump in many national polls and ahead in some key swing states. - Despite the excitement, Democratic leaders caution that the election remains a close contest, with significant funding boosts for Trump from billionaire donors. Source: [Financial Times](https://www.ft.com/content/140f4bf8-0701-421b-9360-47fa86cd5353)

- Democratic megadonors are pressuring Joe Biden to exit the 2024 presidential race, threatening to halt campaign funding. - Key party figures like Chuck Schumer and Nancy Pelosi are being urged to convince Biden to step down, with some predicting he could be out by Monday. - Biden's struggles, including a recent COVID-19 diagnosis and poor debate performance, have intensified calls for his withdrawal. - Polls show Trump gaining a lead over Biden, further fueling concerns among Democratic donors and operatives. - Despite the pressure, Biden's campaign insists he is staying in the race, though some believe the push for his exit is now unstoppable. Source: Financial Times

- The Harris campaign is using overstimulation ads to capture the attention of a very online audience with short attention spans. - These ads feature split-screen videos, with the top half showing campaign content and the bottom half displaying unrelated, visually stimulating footage. - Examples include a Harris speech clip paired with colorful 3D animations or gameplay footage. - The campaign has spent a few hundred dollars on these ads, which have been viewed tens of thousands of times on platforms like YouTube and Meta. - Despite mimicking viral social media formats, these ads have not gone massively viral and seem to target Gen Z and the terminally online. Source: [404media](https://www.404media.co/kamala-harris-campaign-experiments-with-ads-for-an-audience-with-brain-rot/)