Meta Saved Nearly $4 Billion In Taxes Last Year By Calling Its AI Data Centers ‘Experimental’
Meta saved nearly $4 billion in taxes by classifying its AI data centers as experimental pilot models to qualify for research tax credits.
Meta has been saving billions through a research tax credit by calling its AI data centers “pilot models,” while experts say the credit is meant for experimentation and innovation, not standard business expenses.
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San Francisco District 8 Supervisor candidate Manny Yekutiel is facing a wave of withdrawn endorsements following new allegations of aggressive groping. Yekutiel has been a long-time political figure in the city.
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HomeRise, a major San Francisco homeless services provider, is shutting down. The closure follows a city audit that revealed fiscal mismanagement and allegations of sexual abuse by an employee.
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Manny Yekutiel has withdrawn from the District 8 supervisor race following sexual assault allegations and the subsequent loss of his endorsements.