The recent information about Microsoft buying GitHub for $7.5 billion has resulted in quite some dismay on the software program developers’ facet. Thanks to their deep pockets, Massive Tech can gobble up or squelch any new agency that threatens core revenue lines, irrespective of how not directly. Of course, an intrepid younger entrepreneur can nonetheless spurn a buyout, however that is simpler said than finished. Not many individuals are brave enough (or silly sufficient) to turn down a billion dollars right this moment in hopes of far more later. And there’s the danger that the tech giants will use their huge armies of programmers to develop a virtually an identical product, and their vast authorized assets to defend it.
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Other tax proposals in West Coast tech hubs have seen setbacks. Cupertino considered a per-worker tax that may have an effect on largely Apple â€” however tabled dialogue until subsequent 12 months. Seattle passed a business tax in May against Amazon’s vocal … Read More