Biden slams US ‘oligarchy and tech industrial complex’

In his farewell speech, the outgoing leader drew parallels with President Eisenhower’s warning about the “military-industrial complex”

US President Joe Biden has warned Americans about the rising influence of an “oligarchy” of ultra-wealthy individuals and a burgeoning “tech-industrial complex,” claiming these forces pose an existential threat to democracy.

Biden issued the caution during his farewell address from the Oval Office on Wednesday...