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TechCrunch
- Qualcomm backs SpotDraft to scale on-device contract AI with valuation doubling toward $400M
Qualcomm backs SpotDraft to scale on-device contract AI with valuation doubling toward $400M
Google pays $68M to settle claims its voice assistant spied on users
Washington proposal to tax startup exits sparks backlash from Seattle tech leaders

Startup leaders in the Seattle region say a new proposal to expand the capital gains tax in Washington state could spur founders and investors to build companies somewhere else.
SB 6229 (and a companion HB 2292) would apply the capital gains tax to profits from the sale of qualified small business stock, or QSBS, even when gains are fully exempt under federal law.
That means a startup founder or early employee who takes stock instead of a bigger salary would owe tax to the state when they ultimately sell the shares, which typically happens at acquisition or IPO. Investors who back early-stage startups would face the same tax.
Depending on the value of the equity, the proposal could translate into tens or even hundreds of thousands of dollars in taxes per person.
Hearings: There are public hearings scheduled on Tuesday, Jan. 27 for both bills. The House Committee on Finance will have a hearing at 8 a.m., while the Senate Committee on Ways & Means will meet at 4 p.m. Remote testimony is available for both hearings, as well as written testimony online for each bill.
What would change: QSBS is a long-standing federal incentive designed to reward the risk of starting and funding young companies. Founders, early employees, and investors can exclude up to 100% of eligible gains from federal capital gains taxes if they meet strict requirements, including holding the stock for at least five years and the company meeting federal asset limits at the time the stock was issued.
Washingtonβs existing capital gains tax law, approved in 2021, generally follows federal definitions of taxable gains and did not explicitly reject QSBS treatment.
SB 6229 would reverse that approach. The change would apply to gains earned on or after Jan. 1, 2026. The proposal would not affect federal taxes, which would continue to exempt qualifying gains under Section 1202 of the Internal Revenue Code.
Reaction: Amy Harris, director of government affairs for the Washington Technology Industry Association (WTIA), said the proposal βweakens one of the few policies Washington has that actually rewards startup risk.β Harris told GeekWire it βsends exactly the wrong signal, effectively telling homegrown startups to build in Washington, but plan their success somewhere else.β
Seattle-based venture capitalist Leslie Feinzaig called the proposal βcatastrophicβ for entrepreneurs and early employees who make the βextraordinarily irrational, riskyβ choice to work at burgeoning startups.
βOn a local level, remove the advantage, and most would be entrepreneurs will either NOT start new businesses, or take their business elsewhere,β Feinzaig wrote on LinkedIn. βAnd would-be investors will allocate less to the state.β
Dave Parker, another longtime Seattle-area investor and advisor, shared a similar sentiment, noting in a LinkedIn post that the law would result in a βtalent drain.β
Counterpoint: But not all investors are voicing disapproval. In a response to Feinzaigβs post, Brian Boland, a former Facebook exec and founder of Delta Fund, argued that founders and investors would still receive a substantial tax advantage compared with the standard federal long-term capital gains rate, which tops out at 20%.
βThe bill moves from zero tax on gains which most people never get to experience to a smaller tax on gains,β Boland wrote. He added: βFor risk-taking entrepreneurs they take the risk expecting a larger upside and the ability to build their own Enterprise. That shouldnβt excuse them from participating in taxes that pay for infrastructure that they use to actually build their business. And they are still getting an incredible tax relief!β
Practical impact: Madhu Singh, managing attorney at Foundry Law Group who advises founders and early-stage companies, said the proposal could reshape how startups recruit talent and negotiate investment terms.
βIf that talent knows they could potentially be taxed and lose out on the full value of [QSBS], will they commit?β she noted.
Abe Othman, a Seattle-based researcher at startup investment platform AngelList, said the biggest risk may not be an immediate exodus, but a slow erosion of Washingtonβs startup pipeline.
βYouβd still see successful startups but they will be happy accidents, and nobody will relocate to start their company in Seattle,β he said. βThose effects wouldnβt be obvious for 10βto-15 years, but once they show up, theyβll be slow or impossible to reverse.β
A handful of other states β including California, Pennsylvania, Alabama, and Mississippi βΒ donβt fully conform to federal QSBS treatment.
GeekWire contacted Sen. Noel Frame, the sponsor of SB 6229, for comment. Weβll update this story if we hear back. Five lawmakers are sponsoring HB 2292: Reps. April Berg,Β My-Linh Thai, JaniceΒ Zahn,Β Davina Duerr,Β and Kristine Reeves.
Larger tax landscape: The QSBS proposal is arriving amid broader debates over Washingtonβs tax structure and revenue needs. Washington, one of a few states without a personal or corporate income tax, is facing a budget shortfall of $2.3 billion in the current operating budget that runs through 2027, according to the Washington State Standard.
WashingtonβsΒ 7% tax on capital gainsΒ applies to gains above $278,000 from the sale of stocks and bonds, excluding revenue from real estate and retirement accounts, among other exceptions. Net payments from the tax came in at $560.6 million in 2024, up from $418.6 million in 2023.
Last year the state passed a bill that increased the capital gains tax byΒ creating a progressive rate structureΒ β 7% on gains up to $1 million, and 9.9% on gains above $1 million. That change was effective starting with tax year 2025.
This year, lawmakers are expected to consider a so-called βmillionaireβs taxβ that would create an income tax on Washington state residents earning more than $1 million per year. Revenue from that tax would not be generated until 2029.
An analysis from the Tax Foundation concluded that the proposed millionaireβs tax βwould make the state increasingly undesirable for high earners, particularly in the stateβs crucial tech sector.β
Washington state has the second-most regressive state and local tax system in the country, according to the Institute on Taxation and Economic Policy.
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Techmeme
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The US Army signs a $5.6B, 10-year contract with Salesforce to speed up outdated practices; as part of the deal, military recruiters will get access to Slack (Wall Street Journal)
Wall Street Journal:
The US Army signs a $5.6B, 10-year contract with Salesforce to speed up outdated practices; as part of the deal, military recruiters will get access to SlackΒ βΒ Recruiters will get access to Slack as part of a contract that reflects the Pentagon's drive to adopt commercial software tools
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Techmeme
- YC updated its website to remove Canada from its list of approved jurisdictions for incorporation, leaving the US, Cayman Islands, and Singapore as options (Murad Hemmadi/The Logic)
YC updated its website to remove Canada from its list of approved jurisdictions for incorporation, leaving the US, Cayman Islands, and Singapore as options (Murad Hemmadi/The Logic)
Murad Hemmadi / The Logic:
YC updated its website to remove Canada from its list of approved jurisdictions for incorporation, leaving the US, Cayman Islands, and Singapore as optionsΒ βΒ Silicon Valley's most famous accelerator now requires Canadian firms to incorporate in the U.S., Cayman Islands or Singapore in order for it to invest
Reddit Lawyers Force Founder to Redact 'WallStreetBets' From Miami Event
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AI chip startup Ricursive hits $4B valuation two months after launch
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Techmeme
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Khosla Ventures' Vinod Khosla and Ethan Choi disavow Keith Rabois' comments on an ICE shooting; Rabois said the man killed by agents was committing a "felony" (Julie Bort/TechCrunch)
Julie Bort / TechCrunch:
Khosla Ventures' Vinod Khosla and Ethan Choi disavow Keith Rabois' comments on an ICE shooting; Rabois said the man killed by agents was committing a βfelonyβΒ βΒ To understand the stance of an unwavering Trump loyalist after United States Custom and Enforcement shocked the nation β¦
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A test of ChatGPT Health and Claude for Healthcare with data from Apple Health finds the chatbots provided questionable and inconsistent responses (Geoffrey A. Fowler/Washington Post)
Geoffrey A. Fowler / Washington Post:
A test of ChatGPT Health and Claude for Healthcare with data from Apple Health finds the chatbots provided questionable and inconsistent responsesΒ βΒ ChatGPT now says it can answer personal questions about your health using data from your fitness tracker and medical records.
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Techmeme
- Meta says it will test new paid subscriptions that give people access to exclusive features on its apps and plans to scale Manus as part of those offerings (Aisha Malik/TechCrunch)
Meta says it will test new paid subscriptions that give people access to exclusive features on its apps and plans to scale Manus as part of those offerings (Aisha Malik/TechCrunch)
Aisha Malik / TechCrunch:
Meta says it will test new paid subscriptions that give people access to exclusive features on its apps and plans to scale Manus as part of those offeringsΒ βΒ Meta plans to test new subscriptions that give people access to exclusive features on it apps, the company told TechCrunch on Monday.
Vibe coding may be hazardous to open source
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Tailwind Labs CEO Adam Wathan recently blamed AI for forcing him to lay off three workers.β¦
Rice University copper-aluminum filter can destroy "forever chemicals" 100 times faster
A team at Rice University has developed a new material for filtering per- and polyfluoroalkyl substances (PFAS). Also known as "forever chemicals," these synthetic compounds have been widely used in many products since the invention of Teflon in 1938. PFAS coatings can resist heat, water, oil, and stains. Unfortunately, they...
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Early look shows Appleβs Liquid Glass-style blur effects coming to Android 17
Early Android 17 visuals suggest Google is experimenting with blur and transparency inspired by Appleβs Liquid Glass design, hinting at a softer, more layered interface that could reshape how system menus and overlays look.
The post Early look shows Appleβs Liquid Glass-style blur effects coming to Android 17 appeared first on Digital Trends.

How To Download Netflix Movies On A Laptop In 2026 (Windows & Mac)
Preparing for a long flight or train ride, you search for how to download Netflix movies on a laptop, expecting a simple click-and-save process. Instead, you find yourself in a frustrating situation, especially as a Mac user, discovering that the download button is nowhere to be found.
The post How To Download Netflix Movies On A Laptop In 2026 (Windows & Mac) first appeared on Redmond Pie.
Save up to $6,000 on Samsungs best TVs before the big game
Football and Bad Bunny fans alike can agree on the importance of having the best screen possible to view the big game.
With just under two weeks to go until the New England Patriots take on the Seattle Seahawks, Samsung is helping with that goal, putting many QLED and OLED TVs on sale, with savings of up to 50%.
Below, we've gathered some of the best deals from the sale. Most of the TVs are on sale in multiple sizes (though some have sold out). All that to say, if you like the model but are looking for a smaller or larger size, be sure to click around the available options.
Best OLED TV deal
Why we like it
The S95F is our TV expert's favorite OLED TV for bright rooms overall, thanks to its impressive peak brightness and anti-glare matte screen. If you're a fan of both the big game and gaming in general, you'll also appreciate the 165Hz found on this TV.
If the above sounds appealing, but an anti-glare screen sounds like overkill, you can also go for the S90F OLED β the 77-inch version is on sale for $1,999.99.
Best QLED TV deal
Why we like it
On this TV, you'll find a great color balance, a crystal clear picture, and no glare on the screen. Our sister site PC Mag (also owned by Ziff Davis) wrote in their review for the 65-inch Q90F that it offers a "stunning picture for a very high price." Thanks to this Big Game deal, you get to take $1,200 off that price.
Best the Frame TV deal
Why we like it
Generally speaking, this will be the best art TV you can grab for bright rooms, according to our TV expert. That's especially important for a TV meant to be used as a display piece when not in use. It is worth noting that this TV does have a higher input lag and limited contrast, meaning the picture won't be the best for movie watchers and gamers. Still, if you've had your eye on an art TV and having the best possible picture isn't the highest priority for you, this is a solid deal.
More Samsung TV deals
75-inch+ TVs
Samsung 75-inch QN90D QLED TV β $1,299.99
$3,299.99(save $2,000)Samsung 75-inch The Frame β $1,699.99
$2,999.99(save $1,300)Samsung 75-inch The Terrace 4K TV β $5,499.99
$6,499.99(save $1,000)Samsung 77-inch S85F OLED TV β $1,599.99
$2,999.99(save $1,400)Samsung 77-inch S95F OLED TV β $3,499.99
$4,499.99(save $1,000)
85-inch+ TVs
Samsung 85-inch Q7F QLED TV β $1,199.99
$1,499.99(save $300)Samsung 85-inch QN1EF QLED TV β $1,549.99
$2,899.99(save $1,350)Samsung 85-inch QN80F QLED TV β $2,199.99
$3,499.99(save $1,300)Samsung 85-inch QN900F QLED TV β $3,799.99
$5,499.99(save $1,700)Samsung 85-inch QN990F QLED TV β $5,999.99
$8,499.99(save $2,500)
98-inch+ TVs
Samsung 98-inch Q7F QLED TV β $2,199.99
$2,499.99(save $300)Samsung 98-inch QN90F QLED TV β $8,999.99
$14,999.99(save $6,000)Samsung 100-inch QN80F QLED TV β $3,999.99
$5,999.99(save $2,000)
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Mashable
- Sony drops 2 new Bluetooth turntables for the first time in forever, days after pivoting away from TVs
Sony drops 2 new Bluetooth turntables for the first time in forever, days after pivoting away from TVs
Sony has announced two new Bluetooth turntables after seven years of radio silence.
The original Sony PS-LX310BT developed a cult following in that time as one of the few worthwhile beginner-friendly Bluetooth record players (along with the Audio-Technica AT-LP60XBT-USB). Now, instead of scouring Reddit for budget Bluetooth record player recommendations, those cautiously looking to replace their old Sony PS-LX310BT have two direct successors as an upgrade option: The $399.99 Sony PS-LX3BT (available to pre-order now) or the slightly more premium $499.99 Sony PS-LX5BT (coming this spring).
Unfortunately, the new record players come with a higher price than the original. For reference, the 2019 PS-LX310BT costs $448, but it was available for $199.99 for many years.
The relatively random announcement came just days after Sony announced that it was handing its home entertainment business (TVs, home audio gear) to TCL. The news didn't sound overly promising for anyone holding on to hope that Sony would ever make a new turntable. False alarm β the best Sony headphones aren't the only way to appreciate Sony's hi-fi expertise in 2026. Here's what to expect.
What's different about the new Sony Bluetooth turntables
As well as the beloved PS-LX310BT has aged, the technology is still creeping up on a decade old. The upgraded playback tech in the 2026 models includes expanded support for Bluetooth codecs like aptX and aptX-Adaptive, minimizing the amount of crucial sound details that are lost over a standard wireless connection. Both support 33β records and 45s and feature built-in phono preamps to connect directly to a speaker system.
The PS-LX5BT features a Moving Magnet cartridge, more precise stylus pressure, and a gold-plated audio jack that's said to elevate wired connections. This is clearly the option geared more toward stricter audiophiles, while the PS-LX3BT would be a great record player for beginners.
What's not different about the new Sony Bluetooth turntables
What hasn't changed in either is the fact the PS-LX3BT and PS-LX5BT are still both fully automatic, belt-drive turntables. That might be a bummer for some vinyl purists β the lowering of the needle by hand and nostalgic pre-track crackling play just as much of a role in the overall turntable experience as the quality of the sound itself.
However, as analog media makes a comeback, there's definitely room in the market for simpler automatic record players, especially ones with Bluetooth features. With these Bluetooth record players, you can enjoy the classic sound of vinyl records beamed directly to your favorite wireless headphones. And if you already have Sony headphones, connecting should be even easier.
Learn big ideas in a tiny bit of time with this book summary app
TL;DR: Finally get through your TBR stack with this lifetime subscription to book summary app Headway Premium, on sale now for just $39.99 with coupon code SUMMARY20 through Jan. 31, the best price online.
Got a long list of books youβd like to read, but life keeps getting in the way? Itβs time to meet Headway Premium. This app gives you 15-minute summaries of the worldβs best nonfiction books, which you can read or listen to in your spare time.
Right now, a lifetime subscription to Headway Premium can be yours for only $39.99 with code SUMMARY20 through Jan. 31.
No matter how busy your schedule is, you probably have a free 15 minutes. Headway Premium can fill that time by learning the key concepts and ideas from some acclaimed nonfiction books. Choose from topics ranging from personal development and health and wellness to business strategies.
Headway offers two types of concise summaries β audio or written. You can either read or listen to professionally narrated audio. There are already over 2,000 summaries on the app, with new ones added each month.
Set goals and take advantage of the appβs gamified learning process, which tracks your progress and incentivizes continued learning. You can also test yourself with quizzes and trivia, and highlight and save your favorite insights and turn them into interactive flashcards.
Join more than 15 million people already learning with Headway. Though it doesnβt replace reading the entire book, it is a great way to learn about new topics and discover things youβd like to investigate further.
Get a lifetime subscription to Headway Premium for just $39.99 with coupon code SUMMARY20 now through Jan. 31, the best price online.
StackSocial prices subject to change.