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Arm CEO on Proposed California Wealth Tax: Not a Good Thing

Arm CEO Rene Haas warns a proposed wealth tax in California could drive top entrepreneurs out of Silicon Valley. “I don’t think it’s a good thing if it drives really smart people outside the valley,” Haas tells Bloomberg’s Tom Mackenzie. This interview was recorded on March 23 for “Bloomberg Tech: Europe.” ——– Like this video?…

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Arm CEO Rene Haas warns a proposed wealth tax in California could drive top entrepreneurs out of Silicon Valley. “I don’t think it’s a good thing if it drives really smart people outside the valley,” Haas tells Bloomberg’s Tom Mackenzie.
This interview was recorded on March 23 for “Bloomberg Tech: Europe.”
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7 Comments

7 Comments

  1. @oritabak4142

    April 18, 2026 at 1:32 am

    billionaire tax needs to be at the federal level, or the ultra rich will just set their residence to a more friendly state

  2. @jtcintl4373

    April 18, 2026 at 1:36 am

    Stop Government overspending and stop the corruption 🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🙄🙄🙄🙄

  3. @drjones-sk6cq

    April 18, 2026 at 11:22 am

    Eat the rich

  4. @gregraygun

    April 18, 2026 at 3:50 pm

    214 billionaires out of roughly 40 million Californians is about 0.0005% of the population. So when people talk like this is some broad middle-class issue, that’s pretty hard to take seriously; it’s mostly about a tiny elite class. The law hits they can’t just move later either the way it’s written, make them pay. It does nothing this guys says, he’s full of 💩

  5. @eymentaha8

    April 19, 2026 at 1:50 am

    DEP22H is much better in every way 👀🚀

  6. @HAMZLAK

    April 19, 2026 at 1:50 am

    Welcome to the DEP22H community 🇿🇦💎

  7. @ns2036

    April 19, 2026 at 4:20 pm

    dont ask a barber if you need a haircut, nor a billionaire whether he wants to get taxed

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Bloomberg Technology

OpenAI Expands Release of Top AI Model GPT-5.6

OpenAI is expanding the release of its most advanced model after getting the green light from the Trump administration. GPT-5.6 will now be available globally. Bloomberg’s AI editor Seth Fiegerman reports. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed…

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OpenAI is expanding the release of its most advanced model after getting the green light from the Trump administration. GPT-5.6 will now be available globally. Bloomberg’s AI editor Seth Fiegerman reports.
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Bloomberg Technology

How Apple Will Use Broadcom Chips

Broadcom is going to more than 15 billion chips in the US as part of an extended deal with Apple. Mark Gurman reports on how those new US-made components will be used on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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Broadcom is going to more than 15 billion chips in the US as part of an extended deal with Apple. Mark Gurman reports on how those new US-made components will be used on “Bloomberg Tech.”
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BofA Makes U-Turn on OpenAI, Provides $520M Credit Line

Bank of America is changing its tune on OpenAI: after initially passing on lending to the AI company, it is now extending a $520 million credit line, according to sources. Bloomberg’s Sridhar Natarajan joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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Bank of America is changing its tune on OpenAI: after initially passing on lending to the AI company, it is now extending a $520 million credit line, according to sources. Bloomberg’s Sridhar Natarajan joins Ed Ludlow on “Bloomberg Tech.”
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