The cost of living is increasing, wages for workers are stagnant, and people are looking for a break. Silicon Valley is getting one instead. According to Bloomberg, a little-known tax benefit known as the Qualified Small Business Stock (QSBS) that has become a favorite carve-out of tech startups would get expanded under a spending bill […]
Military Launches Website to Find Big Tech’s ‘Army Strong’ Employees
If you’re working in Big Tech and looking to make an exit, the Army is waiting with open arms. Someone’s gotta build the tech to drop these bombs, after all. Task and Purpose reports that the Army’s Talent arm has launched Detachment 201, an initiative to pull technology professionals into the military’s ranks—the latest in a […]
CEO Faces Fraud Charge After AI Shopping App Allegedly Found Using Humans
The Department of Justice has charged a founder with defrauding investors after his AI shopping app was allegedly discovered to be nothing more than a couple of people in a trench coat. Nate offered a mobile app that promised users a one-click checkout experience on any e-commerce website “without human intervention,” effectively meaning they could […]
Marc Andreessen Seems to Think Hillary Clinton Was Actually President
Marc Andreessen, the billionaire tech investor who co-founded Netscape, has recently been making the rounds on various podcasts to talk about how the Democrats were so very mean to him and forced him to become a supporter of Donald Trump. Andreessen’s obnoxious whining wouldn’t otherwise be notable, given how many guys in the tech industry […]