@Techmeme@techhub.social2025-11-08 17:46:11
Several of Asia's top tycoons and conglomerates are joining the data center race as tech giants plan $240B in APAC hyperscale expansion over the next five years (Jonathan Burgos/Forbes)
http://www.forbes.com/sites/jonathanburgos/2…
@karlauerbach@sfba.social2026-01-08 18:28:45
Here's a piece about $billionaires threatening to leave California because of a proposed 5% wealth tax.
Hey guys (and as far as I can tell they are all guys): Don't let the door hit you on the ass on your way out.
They say "oh, California you will lose taxes because we are gone." Boo hoo - don't these guys know the concept of a non-performing asset, you know, a thing that produces no revenue? Well, from the point of view of Calif. these guys already pay no…
@cdarwin@c.im2026-01-03 00:15:43
California is considering a new tax initiative aimed at billionaires, known as the
"2026 Billionaire Tax Act."
It seeks to impose a one-time 5% tax on individuals with a net worth exceeding $1 billion.
The tax would apply to approximately 200 billionaires residing in California
as of January 1, 2026.
https://<…
@midtsveen@social.linux.pizza2026-01-01 02:37:33
Let’s raise a glass to 2026, the year of more billionaire trash!
#Billionaire #Trillionaire #Rich
@Mediagazer@mstdn.social2025-12-31 02:55:34
Lee Enterprises stabilizes its finances as investors buy $50M in new stock, led by $35M invested by David Hoffmann, who will become chair of the company (Josh Funk/Associated Press)
https://apnews.com/article/lee-enterprises-news…
@cdarwin@c.im2025-12-06 18:25:36
Demolition of the East Wing,
which once housed the first lady’s office,
began in October.
Trump has said the new ballroom will be 90,000 square feet and hold 1,000 people,
a complex that will be much larger than the main White House building,
which is about 55,000 square feet.
Cost estimates for the ballroom project have ballooned from $200 million to as much as $350 million.
Wealthy individuals and corporate donors — including billionaire Steve Sc…
@Techmeme@techhub.social2025-12-02 13:19:18
Prediction market Kalshi raised $1B led by Paradigm at an $11B valuation, up from $5B after raising $300M in October 2025, making its co-founders billionaires (Michael J. de la Merced/New York Times)
https://www.nytimes.com/2025/12/02/business/dealb…
@Techmeme@techhub.social2025-12-02 13:55:56
Michael and Susan Dell say they will deposit $250 in individual investment accounts for 25M kids, totaling $6.25B, comparing the gift to Dell's direct model (Nicholas Kulish/New York Times)
https://www.nytimes.com/2025/12/02/business/dell-children-trump-acco…
@cdarwin@c.im2025-10-26 21:51:11
Elizabeth Warren here — Lt. Gov Peggy Flanagan told me I could reach out, because this is important.
Peggy is the partner I need to get things done in the Senate,
that’s why I have officially endorsed her campaign.
I know she will be a champion for Minnesotans in Congress.
Can you please pitch in $5 or anything you can to help power her campaign?
I’ll explain more below about why this is such a critical race.
@cdarwin@c.im2025-11-30 21:56:24
Hi, it’s Al Franken.
I don’t usually send messages like this, so I’m hoping you’ll read to the end for a GREAT story.
Before that, though, I want to tell you about Peggy Flanagan.
She is unbelievably great and she’s running to keep Minnesota’s Senate seat blue.
Her end-of-month fundraising deadline is tonight so I’ll get to the point: Please donate now.
