A look at Meta's 2GW Hyperion data center in Louisiana, with the first phase opening in 2028; an analysis shows sales tax breaks on GPUs could total $3.3B+
$10 billion of investment. Code names to disguise projects and companies. Mixed opinions. Skyrocketing property values.
The One Big Beautiful Bill Act expands Qualified Small Business Stock benefits for VCs, founders, and startup staff, raising tax-free gains from $10M to $15M
The wealthy will likely see a host of new tax breaks in President Donald Trump's “big beautiful bill,” along with permanent extensions …
In a meeting with GOP lawmakers, Donald Trump proposed taxing carried interest as ordinary income, a policy that could sharply increase the tax bill for VCs
On Thursday, President Trump asked Republican lawmakers to end tax breaks on carried interest. — The tax break allows private equity …
AWS will spend $35B on new data centers in Virginia by 2040, creating ~1,000 jobs, in exchange for tax breaks and potentially up to $140M in performance grants
Welcome to Mostly Cloudy! Today: AWS vows to spend billions … The Information : Amazon Web Services to Spend $35 Billion on Data Centers in Virginia Dan Swinhoe / DCD : AWS to invest $35 billion expa...
a16z invests in Adam Neumann's residential real estate management startup Flow, sources say ~$350M at a $1B+ valuation, the firm's largest-ever individual check
Our nation has a housing crisis. — The demographic trends driving … Ryan Deffenbaugh / Protocol : Can proptech go with Adam Neumann's Flow? Edward Ongweso Jr / VICE : NIMBY Marc Andreessen Gives WeW...
Report: Amazon has received $4.7B in tax breaks globally over the past decade; $4.1B was from the US and weak disclosure laws could put the rest well over $600M
The report highlights how little is known about the cost of Amazon's expansion to taxpayers around the planet. — Lauren Kaori Gurley
Analysis: Amazon has secured around $650M in tax breaks from US local and state governments so far in 2021 as incentives to expand one-day and same-day delivery
Dave Lee / Financial Times :
Huawei got ~$46B in loans from Chinese state lenders, saved $25B in taxes from state incentives, $2B in land discounts, and $1.6B in grants in the last 25 years
China's tech champion got as much as $75 billion in tax breaks, financing and cheap resources as it became the world's top telecom vendor
Huawei got ~$46B in loans from Chinese state lenders, saved $25B in taxes from state incentives, $2B in land discounts, and $1.6B in grants in the last 25 years
China's tech champion got as much as $75 billion in tax breaks, financing and cheap resources as it became the world's top telecom vendor
Snapchat commits to creating 396 new jobs in NYC over the next five years for up to $5M in tax breaks
Alex Heath / Business Insider :