US EditionSilicon Valley-Backed Groups Sue Maryland To Kill Country's First-Ever Online Advertising Tax
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Silicon Valley-backed Groups Sue Maryland To Kill Country's First-Ever Online Advertising Tax
Top lobbying groups backed by Amazon, Facebook, Google and other technology giants sued Maryland on Thursday, seeking to scuttle a new state tax on their massive online-advertising revenue -- and stop other local governments from following its lead. From a report: The legal challenge contends that Maryland's first-in-the-nation tax is unfair, unconstitutional and incompatible with federal laws that prohibit state policymakers from instituting le…
This week, the Artemis II space mission launched, which is expected to be the last major NASA mission without the active participation of private, next-generation space technology companies. It is symbolic that SpaceX filed for an IPO this week, and Amazon, which has ambitions in the field of satellite internet, announced its intention to acquire Globalstar. Apple, in turn, celebrated the company's 50th anniversary.
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