The hiring slowdown follows earlier signs that Amazon's HQ2 buildout has fallen short of initial expectations. The company originally projected it would create 10,000 jobs by 2024, but hiring totals fell well short of that mark.
True high-speed rail in the U.S. is still years away despite recent advancements and public support. Rail experts emphasize that actual high-speed rail requires dedicated infrastructure and faster trains, similar to systems in Europe and Asia.
The 'Home Team Act' would require that any sports team owner looking to move their franchise, or sell to a new owner with the intention of relocation, first be required to offer the sale of the franchise to a group keeping it in its current location.
The Meandering Mallard Coffee House in Millheim features a back patio surrounded by greenery, creating a secluded atmosphere for outdoor telework. The rustic vibe inside complements the outdoor experience.
The new headquarters at 226 Schilling Circle, Suite 300, provides roughly 20,000 square feet of workspace, with floor-to-ceiling windows, a cafe, and expanded conference and breakout areas. 'After 19 years in Sparks, we needed a headquarters built for how we work today and where we're headed tomorrow,' CEO Pritpal Kalsi said in the company's release.
The Vermont Labor Relations Board has ordered that Gov. Phil Scott's administration 'rescind' a controversial requirement that state employees return to their physical offices three days per week. The board stated that the state has 'refused to bargain in good faith and interfered with employees' exercise of rights' in requiring in-person work.
A pair of bills would have required local zoning codes to allow multifamily and mixed-use residential development by right across broad swaths of commercially zoned land. Supporters said the approach could convert underused strip malls, parking lots and office corridors into thousands of apartments without case-by-case rezonings.
To set myself up for success, I was very strategic about where I chose to live. I realized there were roles that checked all my boxes in the Seattle area, so in early 2024, I decided to move there and stay with a friend to save on rent while applying for jobs.
The sale agreement gives GW the option to maintain programs at VSTC for up to five years "while we plan thoughtfully and deliberately for the future," Granberg wrote in her message to the community. She described the move as part of a "broader strategy to strengthen GW's long-term financial health and to invest more deeply in our academic mission and community."
Amazon has sought a tax abatement that would see its datacenter exempt from paying property taxes for 30 years in exchange for the funding of local schools and infrastructure projects. The people up on city council are, for the most part, good people. They care about the community, [but] they have been taken advantage of by these companies.
Build has been in many different locations over the years, but it clearly has an identity with the Seattle area, but like with everything in software, it's a little bit of ship to learn. Let's ship it to San Francisco and see what we learn this year with that audience that can come and join us, and see about the years following.
The US state of Virginia forfeited $1.6 billion in tax revenue through datacenter exemptions in fiscal 2025 - up 118 percent on the prior year - as the AI-driven construction boom accelerates. Good Jobs First, a nonprofit promoting corporate and government accountability, warns these incentives have become essentially automatic. Virginia's qualification threshold requires just $150 million in capital investment and 50 new jobs, which is modest compared to the billions spent on today's hyperscale facilities. The exemptions cover retail sales and use taxes on computer equipment, software, and hardware purchases.
The federal government signaled a new direction in federal funding this week when it announced plans to put as much as $150 million into a private semiconductor startup. Instead of a grant or a loan, the government would take an equity stake. It's a meaningful departure from how federal funding has traditionally operated. For years, federal R&D support came structured as non-dilutive grants and Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) awards that didn't require equity concessions.
Senate Bill 557, patroned by Senator Reeves, would establish the Commonwealth Strategic Cryptocurrency Reserve Fund, a special nonreverting fund housed in the state treasury and administered by the Virginia State Treasurer. The measure advanced this week after passing the Senate General Laws and Technology Committee in a 13-2 vote. Under the legislation, Virginia would be authorized to invest state-held funds directly into bitcoin or other qualifying cryptocurrencies, creating what supporters describe as a strategic reserve designed to modernize treasury management.
I don't understand why the billionaires just aren't calling good tax lawyers," he told The San Francisco Standard this week. Gamage insists founders wouldn't be forced to sell. Those with most of their wealth in private stock could open a deferral account for assets they don't want taxed immediately - California would instead take 5% whenever those shares are eventually sold.
Tech companies are still signing leases in downtown Seattle - but it's not enough to reverse a pandemic-era slide that pushed office vacancy to another record high, reaching 34.7% in Q4. The latest numbers from commercial real estate firm CBRE underscore how hybrid work and shrinking office footprints continue to weigh on a tech-heavy market like Seattle. The vacancy rate is up about two percentage points from a year ago, and a fivefold increase from before the pandemic.
A Morgan Stanley real estate investment unit, acting through an affiliate, has paid $110.3 million for a two-building tech complex on Osgood Road in Fremont, documents filed on Jan. 6 with the Alameda County Recorder's Office show. San Jose-based Western Digital Technologies, a data storage company, is the tenant in the two-building tech campus, whose addresses are 44100 and 44200 Osgood Road in Fremont, public records and the company's website show.