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Tech & Innovation·October 21, 2026·1 min read

Filing: Meta says Mark Zuckerberg is considering leaving California if it passes a one-time 5% tax on billionaires; voters will decide on the measure next month

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A public filing that Zuckerberg may leave California over a one-time 5% billionaire tax is a clear signal that top founders will arbitrage tax regimes — and say so. If you’re anchoring a tech org in a high-tax state, you need a narrative and retention plan that competes with jurisdictional flexibility, not just comp.

Tech & Innovation

IBM reports Q3 revenue up 5% YoY to $17.1B, above $16.82B est., net income up 26% to $2.19B, software revenue up 8% to $7.8B, and infrastructure revenue up 4%

IBM growing software 8% and infra 4% while expanding profit 26% is a reminder that ‘boring’ enterprise stacks are monetizing AI and hybrid cloud without headline-grabbing products. If you sell into large IT, assume budgets are there—but tied to modernization and AI overlays on existing IBM-style estates, not greenfield tools.