{
  "id": 19278774,
  "title": "After uproar in Silicon Valley: Californians reject billionaire tax",
  "url": "https://urgent.news/2026/11/10/nach-aufruhr-im-silicon-valley-kalifornier-lehnen-milliardarssteuer-ab",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-10T03:50:36.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/politik/international/nach-aufruhr-im-silicon-valley-kalifornier-lehnen-milliardaerssteuer-ab/100268602.html"
  },
  "original_language": "de",
  "account": "A proposed billionaire tax in California, US, has been rejected in a referendum, garnering 47.2% of votes. The tax, known as \"Proposition 40\", would have required California residents with assets of at least $1 billion to pay a one-time 5% tax. Proponents estimated the tax could have raised $100 billion, mainly for healthcare, while researchers at Stanford University estimated $30 billion. Billionaires, including Google co-founder Sergey Brin, spent over $300 million campaigning against the tax.",
  "summary": "A Google founder and other super-rich fought against plans for a billionaire tax - with the help of huge fortunes. In the end, most voters actually voted against the project.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "BBC Technology",
        "title": "Jensen Huang: Silicon Valley superstar engulfed by personal scandal",
        "url": "https://urgent.news/2026/11/09/jensen-huang-silicon-valley-superstar-engulfed-by-personal-scandal",
        "published": "2026-11-09T06:01:52.000Z"
      },
      {
        "outlet": "Guardian Business",
        "title": "Why is Nvidia’s Jensen Huang at the centre of a US-China row?",
        "url": "https://urgent.news/2026/11/09/why-is-nvidias-jensen-huang-at-the-centre-of-a-us-china-row",
        "published": "2026-11-09T13:09:23.000Z"
      },
      {
        "outlet": "City AM",
        "title": "After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom",
        "url": "https://urgent.news/2026/11/09/after-the-nvidelity-comes-the-huangover-jensen-huang-joins-long-list",
        "published": "2026-11-09T14:48:42.000Z"
      },
      {
        "outlet": "Business Insider",
        "title": "The 5 latest developments in the Jensen Huang scandal",
        "url": "https://urgent.news/2026/11/09/the-5-latest-developments-in-the-jensen-huang-scandal",
        "published": "2026-11-09T18:56:18.000Z"
      },
      {
        "outlet": "Fast Company",
        "title": "Nvidia is investigating Jensen Huang. But its board may have no interest in challenging its leader",
        "url": "https://urgent.news/2026/11/09/nvidia-is-investigating-jensen-huang-but-its-board-may-have-no",
        "published": "2026-11-09T20:00:00.000Z"
      },
      {
        "outlet": "Semafor",
        "title": "China rejects allegations it spied on Nvidia's Jensen Huang",
        "url": "https://urgent.news/2026/11/09/china-rejects-allegations-it-spied-on-nvidias-jensen-huang",
        "published": "2026-11-09T22:23:01.000Z"
      },
      {
        "outlet": "YourStory",
        "title": "Nvidia probes whether foreign intelligence targeted Jensen Huang",
        "url": "https://urgent.news/2026/11/10/nvidia-probes-whether-foreign-intelligence-targeted-jensen-huang",
        "published": "2026-11-10T02:00:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}