Government & Policy

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Why Silicon Valley is really talking about fleeing California (it’s not the 5%)

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If you’ve been following the billionaire exodus from California with some confusion, here’s what’s actually driving the nervousness: it’s not the 5% rate. As highlighted Friday in the New York Post, the proposed wealth tax would hit founders on their voting shares rather than the actual equity they own. Take Larry Page, who about 3% […]

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Italy investigates Activision Blizzard for pushing in-game purchases

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Italy has launched two investigations into Microsoft’s Activision Blizzard, alleging the company has engaged in “misleading and aggressive” sales practices for two of its most popular smartphone games.

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US senators demand answers from X, Meta, Alphabet on sexualized deepfakes

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In a letter to the leaders of X, Meta, Alphabet, Snap, Reddit and TikTok, several U.S. senators are demanding the companies provide proof that they have “robust protections and policies” in place, and how they plan to curb the rise of sexualized deepfakes on their platforms.

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