Texas just took a big hit in its competition against California
SFGate -

For the past few years, it has seemed like tech’s future might be not in Silicon Valley, but in Texas. In the early years of the pandemic, Austin shaped itself into a tech hotspot: Tech workers, rendered nomadic by COVID-19-related remote work policies, eyed the city for its affordability and more relaxed pace of life, and companies eyed its comparatively lower taxes and looser regulations. The state’s government raced to poach California tech companies, playing into the hype and touting...

In related news