Tag Archives: topics:places/silicon-valley

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Oct82021

Musk moves Tesla to Texas after ‘fascist’ California lockdown

Business8 October 2021

Tesla is to quit Silicon Valley and move its headquarters to Texas after chief executive Elon Musk criticised lockdown measures by local leaders as “fascist”. The electric car company will move from Palo Alto to the Texas capital, Austin, Mr Musk told a meeting of Tesla shareholders, making it the biggest company to quit Silicon…

Jun52021

Rishi Sunak hails ‘historic’ breakthrough as G7 ministers agree global tech tax deal

Business5 June 2021

Rishi Sunak declared victory on Saturday in a clampdown on tax avoidance by global tech giants after thrashing out a deal with G7 finance ministers to ensure they pay more tax. The move marks the biggest overhaul of international tax rules for decades, forcing the world’s largest companies to pay a global minimum tax on their profits…