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Apple's Jobs, Tech Leaders Meet Obama

Stocks in this article: AAPL GOOG CSCO ORCL YHOO NFLX DNA

SAN FRANCISCO ( TheStreet) -- Apple (AAPL) CEO Steve Jobs, who is currently on medical leave from the iPhone maker, was among a group of U.S. technology leaders that met with President Obama late Thursday to discuss Silicon Valley's role in the country's future economic growth.

The Washington Post reports that that Obama discussed jobs and economic expansion with Jobs, Google (GOOG) CEO Eric Schmidt, Facebook's Mark Zuckerberg, Cisco (CSCO) boss John Chambers and Oracle (ORCL) supremo Larry Ellison, among others.

President Obama dined with a dozen technology leaders Thursday evening.

Yahoo! (YHOO) CEO Carol Bartz was also in attendance at the meeting, along with John Doerr of venture capitalists Kleiner Perkins Caufield & Byers, Reed Hastings of Netflix (NFLX), Art Levinson of Genentech (DNA) and Dick Costolo, the CEO of Twitter.

The attendance of the Apple chief stirred up lots of media attention around the meeting, which took place at an undisclosed private residence in the San Francisco Bay Area. Steve Jobs' health continues to be the subject of intense media speculation, and the Apple boss has kept a low profile since announcing his leave of absence last month.

The Washington Post, citing White House press secretary Jay Carney, said that Obama discussed spending on R&D and education with the tech leaders. Technology was one of the key themes in Obama's recent State of the Union address and the president has said that America's ability to compete globally depends on innovation.

The president will continue his tech-focused trip Friday, traveling to Hillsboro, Ore., to visit Intel's (INTC) manufacturing facility. The chip giant's CEO, Paul Otellini, who has just been appointed to the White House advisory council on jobs, will conduct a tour of the semiconductor plant for the President and discuss Intel's STEM (Science, Technology, Engineering and Math) education programs.

--Written by James Rogers in New York.

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