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Tech billionaires have reportedly donated over $340 million to fight a wealth tax in California.

According to The Guardian, the campaign they’re funding is spending over $1 million per day trying to defeat Proposition 40, which would enact a one-time 5 percent tax on California’s billionaires. Google co-founder Sergey Brin is reportedly the biggest donor, contributing at least $102 million, alongside other tech executives: > The donors to the no campaign are a who’s who of Silicon Valley, including the Palantir co-founder Peter Thiel, former Google CEO Eric Schmidt, DoorDash CEO Tony Xu, Stripe CEO Patrick Collison, crypto magnate Chris Larsen and several prominent venture capitalists.

TST Best Bets: October 16, 2026

Tampa Bay needs a response Friday night as the Rays look to avoid falling into a 3-1 hole against Cleveland in the ALCS. Meanwhile, Purdue looks to build on...

Trump says he told Zacharia to ‘reconsider’ press secretary role

President Trump told reporters Friday that he told Katie Zacharia that she should “reconsider” her role as White House press secretary after her rocky start to the job this week. “I said, ‘Honestly, if I were you, I’d reconsider,’” Trump told reporters, referring to a conversation he said he had with Zacharia earlier. “I said,…

You’ve got to hear both sides?

With public opinion broadly against AI data centers, the Today, Explained podcast from Vox brought on Nicole Thomas, a marketing and PR exec who represents data center companies. The “for” arguments are familiar (tax dollars, not all data centers are XXL-sized hyperscaler AI projects, and that what is needed is more transparency), and they also look at some of the attempts to make data centers friendlier, like Microsoft’s biomimicry camouflage. [Media: https://megaphone.link/VMP8675260688]

Judge tosses Trump administration lawsuit over New York City ‘sanctuary’ laws

A federal judge dismissed a lawsuit brought by the Trump administration to block New York City laws that limit cooperation with federal immigration enforcement, saying the government lacked a valid basis to sue. U.S. District ​Judge Ramon Reyes in Brooklyn said the Trump administration cannot challenge a ⁠city law that restricts police from detaining immigrants…

Brown, Acton both up 6 points in Ohio races: Poll

A new poll of the Ohio Senate and gubernatorial races shows Democrats ahead in both contests. In the Senate race, a Bowling Green State University (BGSU) poll found former Sen. Sherrod Brown (D) ahead of Sen. Jon Husted (R) by 6 points, 48 percent to 42 percent, among likely voters. When BGSU surveyed the race…

Friday, October 16, 2026

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