Lawmakers Eye 2026 for AI Data Center Bills

One of the tech companies’ biggest wins is blocking legislation that would have regulated industry data centers’ massive energy use. But lawmakers say they’ll try to legislate on this issue again next year.

AWS Outage Shows Vendor Dependency Risks

Amazon Web Services’ 15-hour outage last week exposed the global economy’s growing dependence on a few dominant cloud providers and showed how little companies can do to protect themselves when critical services go down.

Billionaires Face Proposed 5% Wealth Tax

A ballot initiative that would impose a one-time 5% tax on California billionaires’ wealth that advocates say could bring in about $100 billion to cover state health-care costs.

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Musk’s $1 Trillion Tesla Pay Package Opposed by Calpers

California Public Employees’ Retirement System, the largest public pension plan in the US, is planning to vote against Elon Musk’s $1 trillion Tesla Inc. compensation agreement, delivering a setback for the company’s plan to award one of the most lucrative pay packages in corporate America.

Lawmakers Eye 2026 for AI Data Center Bills

One of the tech companies’ biggest wins is blocking legislation that would have regulated industry data centers’ massive energy use. But lawmakers say they’ll try to legislate on this issue again next year.

Trump Says Nvidia Chip Talks With Xi Didn’t Cover Blackwell

US President Donald Trump said he didn’t discuss approving sales of Nvidia Corp.’s Blackwell chips to China with his counterpart Xi Jinping, dampening speculation that Washington will allow exports of the powerful AI accelerators to the world’s largest semiconductor market.

Character.AI Age Limit Sparks Doubt It Will Solve Chatbot Issues

Character.AI’s announcement that it will ban users under 18 from conversing with chatbots is generating questions about the company’s planned age verification process and potentially broader chatbot harms, even as child safety advocates praised the move.

Best Buy, Apple, Others Make Millions From California Tax Deals

A few dozen California cities have lucrative deals with retail giants like Apple, Best Buy, and Nike. These deals result in the cities paying millions of dollars from their local tax revenue back to the companies. In this video, we explore how these deals work and what some city and state lawmakers are hoping to do about it.