WSJ Tech News Briefing TNB Tech Minute: Tech Winners and Losers From Trump’s Megabill
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Jul 3, 2025 Discover how Trump's recent megabill reshapes the tech landscape, especially for chipmakers and investors. Delve into the implications of pending European AI regulations. Plus, learn about Thoma Bravo's acquisition of restaurant-tech platform Olo. Stay tuned for updates on new release schedules, with fresh insights coming twice on weekdays!
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Tech Winners and Losers in US Bill
- The passed US tax and spending bill boosts chipmakers with higher tax credits for new plants.
- Silicon Valley investors gain larger tax breaks, but electric vehicle and renewable energy incentives are cut.
AI Regulation Challenges in US and EU
- State-level AI regulation limits were removed from the US bill, showing regulatory uncertainties.
- European companies urge delaying AI Act enforcement due to complex overlapping rules causing innovation concerns.
Olo's Private Takeover
- The restaurant tech firm Olo is going private through a $2 billion buyout by Thoma Bravo.
- This deal aims to accelerate Olo's platform growth away from public market pressures.