Technology

What Big Tech got out of Trump’s Big Beautiful Bill

Published

4 months ago

July 17, 2025

What Big Tech got out of Trump’s Big Beautiful Bill

The massive budget bill signed into law by President Donald Trump on Independence Day didn’t include everything on Big Tech’s wishlist, but the industry’s largest players stand to gain significantly from several provisions in the One Big Beautiful Bill Act.

The Republican-backed legislation is best known for its tax cuts on tips, deduction caps that could primarily benefit wealthy taxpayers, restriction on healthcare coverage for low-income and disabled Americans, cuts to renewable energy incentives, and tens of billions of dollars in funding to immigration enforcement. But it also includes restored tax deductions for research and development and other items that could benefit the tech industry, among other businesses.

In one high-profile fight, the tech industry failed to secure a moratorium on state AI laws, a proposal which had been supported by several trade groups and might have also affected a host of other state tech protections. But after months of lobbying from Congress to Mar-a-Lago, the industry will see slashed taxes and may receive new contracts from border enforcement funding, the Tech Oversight Project finds in a new report shared exclusively with The Verge. Some changes will likely benefit businesses of all sizes and sectors — while others may offer large companies in the tech industry the biggest benefits.

The budget bill essentially reverses a policy from Trump’s first term that limited how companies could write off research and development on their taxes. The 2017 Tax Cuts and Jobs Act (TCJA) forced companies to spread write-offs for domestic R&D costs across five years, rather than deducting them fully in the year they were incurred. Now, Congress is restoring the previous, more generous deduction setup, and small businesses can get retroactive tax write-offs for the last couple years when the changes — which took effect in 2022 — were in place.

In a recent report, Quartz linked the R&D deduction changes to the wave of layoffs across the industry, describing how it made it so companies could effectively only write off one-fifth of their R&D costs in the year they were incurred, rather than the full sum, making salaries for engineers and other high-skilled roles much more costly. The nonpartisan Institute on Taxation and Economic Policy (ITEP) found that in the three years in which the TCJA changes took effect, Alphabet, Amazon, Apple, Meta, and Tesla saw their tax bills rise a collective $75 billion as a result.

“The loss of full R&D expensing disincentivizes firms from significantly increasing their R&D investments”

So unsurprisingly, tech-backed groups like the Information Technology and Innovation Foundation (ITIF) and the Business Software Alliance (BSA) pushed to revert the rule. “The loss of full R&D expensing disincentivizes firms from significantly increasing their R&D investments because the cost of those investments has risen,” ITIF wrote in a blog post earlier this year.

Maintaining a lower corporate tax rate

Conversely, business groups successfully pleaded with lawmakers to keep a different change from the TCJA: a massive reduction in the corporate tax rate from 35 percent to 21 percent. In a letter to lawmakers last year, tech-backed Information Technology Industry Council (ITI) told lawmakers that the reduction had brought the US in line with peer countries, and provided US companies “a more level playing field against their international competitors,” which the nonprofit Tax Foundation found helped boost US investment. Democrats who have opposed the lower tax rates have framed it as a handout to corporate America.

Extending lower international tax rates

The new budget law also blocks a scheduled increase in the effective tax rates on things like the money companies make abroad based on US-based patents or other intangible assets.

These kinds of taxes — the base erosion and anti-abuse tax (BEAT), global intangible low-taxed income tax (GILTI), and the foreign-derived intangible income tax (FDII) — are generally meant to prevent shifty accounting practices like moving assets to a foreign subsidiary. Before the One Big Beautiful Bill Act passed, the effectively lowered rates through these three policies were set to expire at the end of 2025.

The tech industry argued protecting those low rates would keep US companies competitive with other countries, like France and the UK. “Several other nations already offer IP incentives,” ITI told lawmakers in an October letter. “It is essential that the FDII rate remains as low as possible.”

“The tax break disproportionately benefits large corporations with significant intellectual property portfolios”

But groups like the nonpartisan Financial Accountability and Corporate Transparency (FACT) Coalition and ITEP see lower rates for taxes like the FDII as a giveaway to the biggest players in the tech industry, which deal heavily in intangible assets like patents and trademarks.

“The tax break disproportionately benefits large corporations with significant intellectual property portfolios while doing little for smaller firms that lack similar assets,” ITEP wrote in a blog post last year, where it found that Google parent Alphabet reported over $11 billion in tax benefits from 2018 to 2023 as a result of the FDII.

Border protection funding could flow to tech

Alongside a significant budget increase for Customs and Border Protection (CBP) and other immigration-related funding, the law includes about $6 billion for border technologies, including surveillance systems. That money could flow to several large tech firms already engaged in the space.

Those include Peter Thiel-founded data company Palantir, which currently has a $30 million contract with Immigration and Customs Enforcement (ICE) to build “ImmigrationOS” to create “near real-time visibility into instances of self-deportation.” Thiel-backed Anduril also stands to gain if the agency expands infrastructure like the surveillance towers it already supplies to the government. MIT Technology Review reported in 2018 that Amazon Web Services hosted Department of Homeland Security (DHS) databases related to immigration, including a deep pool of biometric data.

Other tax-saving adjustments

Tech companies and other businesses will also benefit from changes in how business interest deductions are calculated, and a permanent extension of rules allowing companies to take a full deduction of certain equipment expenses. House Democrats have previously called this kind of tactic a “Tax Scam,” writing, “Two-thirds of the benefits go to corporations making over $250 million in revenue, and from 2018 through 2021, about two dozen of the largest corporations received roughly $50 billion in tax breaks through this provision.”

Some of the tax changes in the bill will benefit smaller firms and businesses across many different industries. But large tech companies are particularly well positioned to benefit from changes in how foreign profits on intellectual property are taxed and fuller R&D write-offs. After months of cozying up to the Trump administration with little to show for it, it looks like the largest players in the industry have finally notched some wins.

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Technology

You can now try the Xbox Full Screen Experience on any PC, laptop, or tablet

Published

10 hours ago

November 21, 2025

Press Room

You can now try the Xbox Full Screen Experience on any PC, laptop, or tablet

Microsoft is bringing the Xbox Full Screen Experience (FSE), which adds a console-like UI while navigating through your game library on a PC with a controller, to laptops, desktops, and tablets. FSE launched with the Xbox Ally and Xbox Ally X, and it has so far only been available on PC handhelds.

The expansion to laptops, desktops, and tablets is available as part of new Windows Insider Preview Builds on the Dev and Beta channels and for people in the Xbox Insider Program. To turn on FSE on your PC, “hover over the Task View icon on your taskbar and choose Xbox full screen experience,” Microsoft says. “You can also open Xbox full screen experience in Game Bar > Settings or by pressing Win + F11 to toggle the experience.”

However, even if you’re a Windows Insider, you may not have the access to FSE right away, as Microsoft says the feature is “gradually rolling out” with the new Windows Insider builds. It also requires that you have the Xbox app from the Microsoft store.

Technology

Neighbors outraged as LA airport becomes ground zero for AI-driven flying taxis

Published

10 hours ago

November 21, 2025

Press Room

Neighbors outraged as LA airport becomes ground zero for AI-driven flying taxis

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Archer Aviation, a leading developer of electric vertical takeoff and landing (eVTOL) aircraft, just made one of its boldest moves yet. The company agreed to acquire Hawthorne Airport for $126 million in cash.

According to Archer’s latest shareholder letter, the deal includes the remaining 30 years on the airport’s master lease and an exclusive option to take a controlling stake in the on-site fixed-base operator, subject to city approval.

This historic 80-acre site includes about 190,000 square feet of terminals, office space and hangars. Its location near LAX and major Los Angeles destinations makes it a prime spot for an air taxi network that aims to change how people move in crowded cities.

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Archer’s development plans for Hawthorne Airport in Los Angeles. (Archer Aviation)

Why Hawthorne Airport matters for the new air taxi network

Archer Aviation plans to use the airport as the main operational hub for its LA air taxi network. The company also plans to prepare the site to support transportation during the LA28 Olympic and Paralympic Games. This includes managing everything from takeoff scheduling to ground operations. In its shareholder letter, Archer frames Hawthorne as a “plug-and-play” anchor hub for its LA28 Olympic plans, saying it expects to ramp up aircraft testing, storage, maintenance and charging on-site as it prepares for commercial service.

The airport will also become a testbed for next-generation AI-powered aviation systems. These tools will help Archer develop smarter air traffic management, faster turnaround times and safer operations in crowded airspace.

Archer outlines a two-phase plan in the letter: Phase 1 focuses on redeveloping up to 200,000 square feet of hangars and locking in control of the FBO, while Phase 2 layers in AI air traffic and ground management, smart sensor-embedded runways and a more digital, streamlined passenger experience.

United Airlines CFO Michael Leskinen praised the move and said, “Archer’s trajectory validates our conviction that eVTOLs are part of the next generation of air traffic technology that will fundamentally reshape aviation. Their vision for an AI-enabled operations platform isn’t just about eVTOLs, it’s also about leveraging cutting-edge technology to better enable moving people safely and efficiently in our most congested airspaces. Through United’s investment arm, United Airlines Ventures, we’re investing in companies like Archer that pioneer technologies that will define and support aviation infrastructure for decades to come.”

Meanwhile, Hawthorne Mayor Alex Vargas celebrated the deal on social media, writing “WELCOME ARCHER TO THE CITY OF HAWTHORNE!”

Archer plans to turn Hawthorne Airport into the main hub for its LA air taxi network. (Archer Aviation)

Neighbors outraged over ‘AI air taxi’ takeover

Not everyone is cheering Archer’s plan to turn Hawthorne into a flagship hub for AI-guided flying taxis. A local group called Hawthorne Quiet Skies, made up of residents living around the airport, says they were blindsided by the $126 million takeover and that no one from the company or city bothered to engage them before announcing a “test bed for AI-powered aviation technologies” over their homes.

Neighbors who live just across the street and within a couple of blocks of the runway describe Hawthorne as one of the most tightly packed airports in the country, with homes on three sides and years of complaints about deafening jet and helicopter noise. The city’s own 2021 noise study identified more than 160 homes and roughly 480 people already exposed to unhealthy noise levels, yet residents say there has been “zero progress” on mitigation even as the airport shifted from small private planes to commercial traffic and now an around-the-clock eVTOL hub.

The group is also raising alarms about Archer’s AI ambitions, pointing to academic research that current machine-learning systems in aviation still struggle to handle unusual conditions and lack formal safety guarantees.

They argue that whatever the promises of cleaner, futuristic air taxis, Hawthorne is being used as a live test site without clear safeguards, updated federal noise rules or any serious plan to compensate families if nonstop eVTOL traffic makes their homes too loud to live in.

CHINA’S FIRST MASS-PRODUCED FLYING CAR DEBUTS

How Archer Aviation is funding growth and expanding its air taxi program

Alongside the airport news, Archer reported major financial momentum. The company raised an additional $650 million in equity, which boosted its total liquidity to more than $2 billion. The company’s Midnight aircraft also hit new flight milestones, including a 55-mile flight at over 126 mph and a climb to 10,000 feet.

Archer also expanded its global technology footprint. It completed the acquisition of Lilium’s patent portfolio, which pushes Archer’s total intellectual property to more than 1,000 global assets. Those patents cover ducted fans, high voltage systems, flight controls and other key technologies.

International expansion is underway, too. Archer began test and demo flights in the UAE and secured new partnerships with Korean Air and with Japan Airlines and Sumitomo’s JV in Osaka and Tokyo.

The airport will serve as a testbed for next generation AI aviation systems designed to manage busy airspace more safely. (Archer Aviation)

What this means for you

Archer’s airport deal suggests that air taxis are moving closer to everyday use. This shift could mean shorter trips across major cities at a fraction of today’s travel time. It could also bring quieter aircraft over neighborhoods compared to helicopters.

For Los Angeles residents, Hawthorne Airport may become a central point for fast point-to-point travel once certification moves forward. Visitors flying in for major events like the LA28 Olympics could see air taxis as a smooth alternative to gridlocked freeways.

Businesses may gain new options for rapid transport across the region. The move also signals more investment and jobs in advanced aviation, automation and clean electric travel.

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Kurt’s key takeaways

Archer’s acquisition of Hawthorne Airport marks a major milestone in the race to build a real air taxi network, giving the company the aircraft, funding and prime location it needs to push the industry forward. Its focus on AI-driven operations shows how automated aviation may soon play a much bigger role in daily life, even as regulators are still working out how to safely integrate these aircraft into crowded cities. At the same time, the move is already sparking backlash from neighbors who worry about more noise, safety risks and being turned into a test site for AI-guided aircraft without a real say. If Archer can win over regulators, investors and the communities living just beyond the fence line, this step could make the future of urban flight feel much closer, for better or worse.

If air taxis become a real option in Los Angeles by 2028, would you try one for your daily commute or stick to the ground? Let us know by writing to us at Cyberguy.com.

Kurt “CyberGuy” Knutsson is an award-winning tech journalist who has a deep love of technology, gear and gadgets that make life better with his contributions for Fox News & FOX Business beginning mornings on “FOX & Friends.” Got a tech question? Get Kurt’s free CyberGuy Newsletter, share your voice, a story idea or comment at CyberGuy.com.

Technology

Grok’s Elon Musk worship is getting weird

Published

1 day ago

November 20, 2025

Press Room

Grok’s Elon Musk worship is getting weird

It’s no secret that Elon Musk shapes the X social platform and X’s “maximally truth-seeking” Grok AI chatbot to his preferences. But it’s possible Musk may have needed a bit of an extra ego boost this week, because Grok’s worship of its creator seems, shall we say, more noticeable than usual.

As a number of people have pointed out on social media over the past day, Grok’s public-facing chatbot is currently prone to insisting on Musk’s prowess at absolutely anything, no matter how unlikely — or conversely, embarrassing — a given feat is.

If pressed, Grok will also contend Musk would be the best at eating poop or drinking urine, but it would prefer to focus on how good he is at making rockets, please. At least some of these posts have been deleted in the past hour; X did not immediately respond to a request for comment on the phenomenon from The Verge.

This glazing appears to be exclusive to the X version of Grok; when I asked the private chatbot to compare Musk with James, it conceded, “LeBron James has a significantly better physique than Elon Musk.” The GitHub page for Grok’s system prompts indicates they were updated three days ago, with the additions including a prohibition on “snarky one-liners” and instructions not to base responses on “any beliefs stated in past Grok posts or by Elon Musk or xAI,” but there’s nothing that seems to clearly explain this new behavior — although system prompts are only one way to shape how AI systems work.

Either way, this is far from the weirdest Grok has gotten, and it’s less disruptive than the bot’s brief obsession with “white genocide” or its intense antisemitism — which, incidentally, is still flaring up in the form of Holocaust denial. Grok has previously searched for Musk’s opinion to formulate its own answers, so even the preoccupation with Musk isn’t new. But it reminds us all what a weirdly intimate connection Grok — a product that’s been rolled out across the US government, among other places — has with its owner, and how randomly that connection is prone to appear.