[BIG TECH]■ STORY TIMELINE

KHANNA SHIFTS STANCE, BACKS BILLIONAIRE TAX AND AI RULES

California Rep. Ro Khanna, long a tech industry advocate, now supports a 5% billionaire wealth tax and stricter AI regulations. The shift marks a departure from his years of close ties with Silicon Valley donors.

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A profile of California Rep. Ro Khanna, who spent years cheering on the tech industry and now supports a 5% billionaire wealth tax and stricter AI regulations (Bloomberg)

Bloomberg: A profile of California Rep. Ro Khanna, who spent years cheering on the tech industry and now supports a 5% b…

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California Gov. Gavin Newsom proposes a new 7.25% tax on web-based software sales, targeting $1.1B in state and local tax revenue in the upcoming budget year (Bloomberg)

Bloomberg: California Gov. Gavin Newsom proposes a new 7.25% tax on web-based software sales, targeting $1.1B in state a…

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