With President Biden’s Build Back Better legislation on ice, business groups are preparing to change course and use the China competitiveness bill to try to preserve some of their cherished research-and-development tax deductions.
Why it matters: By eying the United States Innovation and Competition Act (USICA) to extend the R&D deductions, companies like Amazon, Microsoft and Boeing are hoping to avoid an estimated $8 billion bill in mid-April.
New data finds that the nation’s most polarizing politicians are often the ones that garner the most attention online.
Why it matters: Online engagement helps politicians build a bigger national profile and more fundraising power, incentivizing them be more outrageous, more polarizing and more divisive.
Before humans can settle off-Earth, scientists need to figure out how — or even whether — people can reproduce in space.
Why it matters: Powerful figures in the space industry like Elon Musk and Jeff Bezos have dreams of a future where millions of people live in space, which would naturally require a self-sustaining population of humans somewhere other than Earth.
With many bellwether tech stocks down more than 10% since the year’s start, the industry is once again debating whether it faces a “big one” — a financial earthquake that will end a two-decade run of spectacular growth.
The big picture: Whether January’s downs prove a turning point or just a minor “correction,” tech’s giants know that, either way, they’ll come out on top.
