Hey kids! Ever heard of Google? Of course, you have! Well, something interesting is happening with some of the super-smart people who started big tech companies. 🚚 Larry Page, who helped start Google, and Larry Ellison, who started Oracle, are moving their important business stuff out of California. They are doing this because new rules about paying money (taxes) are coming soon in California.
Guess where some of Larry Page's cool projects are going? To Florida! This includes Koop LLC, which manages his family's money, Flu Lab LLC, which researches how to stop the flu, and even One Aero, his company that works on flying cars! ✈️ It's like these big ideas are packing their bags and finding a new home.
It's not just these famous guys. Google itself has also been making big changes, like giving up a lot of its office space in California. Instead, Google is investing billions of dollars in another state, Texas! 🤔 This whole situation is like a big game of musical chairs for tech companies, and it makes us wonder why so many are choosing to move away. What do you think might happen when big companies leave a state?
