Latest News, Updates & Breaking Headlines
Tech titan Peter Thiel has injected $3 million into a California group opposing a proposed 5% wealth tax on billionaires. This one-time tax targets California residents with assets exceeding $1 billion. The move signals a significant early financial backing for the campaign against the “2026 Billionaire Tax Act,” with other tech leaders also expressing concerns…
Kali Muscle (Image Via Getty) American bodybuilder Kali Muscle, whose real name is Chuck Kirkendall, was rushed to a hospital on Saturday, January 17, 2026, after he fainted while training at a gym in California, USA. The well-known fitness star suddenly lost consciousness during his workout session, and staff quickly called emergency services to help…
Jeff Bezos often points out that long-term success comes from staying committed to an idea while remaining open to changing the approach. It’s almost official that Google founders Larry Page and Sergey Brin have cut ties with California. The two Google Guys have reportedly said Bye to California; joining the billionaires who have left the…
California is witnessing an exodus of high-net-worth individuals following the introduction of the new Wealth Tax. Last month, Google co-founders Sergey Brin and Larry Page officially shifted their base out of California just ahead of the January 1 deadline, and now another tech leader has announced that he is leaving the US state. Andy Fang,…
LinkedIn founder Reid Hoffman and one of the one of the Democratic Party’s biggest donors, has now joined the list people opposing the proposed California wealth tax. Hoffman has strongly opposed California’s proposed 5% wealth tax on billionaires. In a post shared on social media platform X (formerly known as Twitter), Hoffman said that the…
California will lose $160 million for delaying the revocations of 17,000 commercial driver’s licenses for immigrants, federal transportation officials announced Wednesday. Transportation Secretary Sean Duffy already withheld $40 million in federal funding because he said California isn’t enforcing English proficiency requirements for truckers. The state notified these drivers in the fall that they would lose…
Google cofounder Larry Page has shifted key business entities, including his family office, out of California to Delaware, Nevada, and Florida. This move precedes a potential state wealth tax, which could cost him billions. Other tech titans are also exploring exits, citing tax and privacy advantages offered by states like Delaware. Google cofounder Larry Page…
California authorities announced Tuesday that they arrested two individuals after CCTV footage captured their alleged burglary attempt, Fox News reported.They were accused of stealing nearly $100,000 worth of luxury handbags from a retail store. The Irvine Police Department (IPD) released footage showing suspects, dressed in black hoodies and face masks, attempting to flee the store…
Chamath Palihapitiya is seriously considering a move away from California, prompted by emerging tax regulations. This decision echoes a growing sentiment among affluent entrepreneurs who are increasingly wary of the state’s economic environment, particularly in light of a proposed 5% wealth tax on fortunes exceeding $1 billion. Chamath Palihapitiya, a Canadian‑American billionaire of Sri-Lankan origin,…
Tesla CEO Elon Musk has now joined in the debate on California’s proposed wealth tax. In a post shared on social media platform X (formerly known as Twitter) Musk revealed that nearly all of his fortune is linked to the shares of Tesla and SpaceX. The remakes made by Musk comes as lawmakers in California…
