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California’s billionaires pour cash into elections as big tech seeks new allies
California's technology billionaires and major companies including Google and Meta are pouring tens of millions of dollars into state politics ahead of 2026 elections, marking a significant uptick in tech industry political engagement. Their goals include opposing a proposed billionaire tax, backing a tech-aligned gubernatorial candidate, and establishing new super PACs. The trend coincides with Governor Gavin Newsom's impending departure and broader industry efforts to shape regulation and main