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Results for “sue california”

Binance battles to save its brand after record $6.3bn crypto hack

World’s largest crypto exchange faces fallout from angry customers, and Lula wins with WhatsApp This was originally published in TechScape, a newsletter about how technology shapes our lives. Sign up to receive it here This week in tech, we’re discussing the fallout from the multibillion-dollar hack of Binance and the significance of Lula’s political mobilization on WhatsApp . And if you’ll be at Web Summit in Lisbon next week, drop me a line! I’ll be there moderating panels on open-source AI and human agency in the age of AI agents. Tell us: have you been affected by the Binance hack? Polymarket temporarily suspends trading on international platform due to security incident How crypto hacking funds isolated North Korea’s nuclear programme Ghost in the machine: how AI is haunting the search for the supernatural Computerized clairvoyance: psychics push back against AI-generated readings The staggering $446m Elon Musk has spent on the US midterms – visualized Billionaire tax: how a union leader’s ‘crazy’ idea became the defining issue of California’s midterms How tech became the villain of the US midterms The ultra-rich are spending one million dollars a day fighting California’s proposed billionaire tax Continue reading...

The Guardian · Nov 3
Prop 45 in California could be hiding a loophole for data centers

A high-stakes California ballot measure pitched as a fast track for "essential" infrastructure could wind up giving data center developers a loophole to evade public scrutiny, environmental advocates warn. Proposition 45 would shorten timelines for state-mandated environmental assessments for eligible projects and make it more difficult for residents to challenge those projects in court. Proponents […]

The Verge · Nov 1
Billionaire tax: how a union leader’s ‘crazy’ idea became the defining issue of California’s midterms

It was an ambitious notion – now Californians will vote on a one-time 5% billionaire tax, and state’s super rich have pulled out all the stops in opposition One year ago, the idea of a billionaire tax in California was still in its infancy. It wasn’t yet one of the most contentious ballot measure fights in state history – pitting Democrats against Democrats, drawing national attention from political heavyweights, and netting hundreds of millions of Silicon Valley dollars to fight it. Back then, it was a bold and desperate answer to Donald Trump’s healthcare cuts. Continue reading...

The Guardian · Oct 30
‘Elonville’: US residents say Musk’s xAI offered to buy homes if they don’t sue over datacenter noise

Several Mississippi homes have been purchased near datacenters and one resident said realtor outlined target to buy more than 400 People in a Mississippi neighborhood, many of whom dislike a nearby power plant central to Elon Musk ’s artificial intelligence ambitions, have received a stark offer – to sell their houses to his company and make way. Real estate agents have been going door to door in Southaven, Mississippi, on behalf of xAI, touting a deal to purchase houses as long as the owners agree to not join a lawsuit against the company over the power plant’s noise. (Musk’s AI company officially became SpaceXAI in July and has lately been rebranded as SpaceXSI but to neighbors of the datacenter in Mississippi, it remains xAI.) Continue reading...

The Guardian · Oct 28