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JLens urge Alphabet shareholders to reject proposal seeking report on data risks from government overreach, citing Project Nimbus","url":"https://stock-news.laohu8.com/highlight/detail?id=2640654239","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2640654239?lang=en_us&edition=fundamental","pubTime":"2026-06-02 01:03","pubTimestamp":1780333413,"startTime":"0","endTime":"0","summary":"ADL, JLens urge Alphabet shareholders to reject proposal seeking report on data risks from government overreach, citing Project Nimbus. ADL and JLens urged Alphabet shareholders to vote against Proposal 11 at the June 5, 2026 annual meeting.The proposal seeks a report on data risks from “governmental overreach” yet names only Israel’s Project Nimbus cloud contract.Alphabet’s board recommended voting against the proposal; proxy advisers ISS and Glass Lewis also opposed it.Backers of the opposition warned the measure could undermine trust with government and defense customers, risking renewals and revenue.A similar proposal drew about 4.5% support in 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the Ambitious Housing Plan That Actually Made Austin Homes Affordable Again -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2640954697","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2640954697?lang=en_us&edition=fundamental","pubTime":"2026-06-01 20:57","pubTimestamp":1780318620,"startTime":"0","endTime":"0","summary":"Something unusual is happening in Austin, Texas. As home prices across the country remain near record -- and often unaffordable -- levels, Austin has been dealing with something of a housing crash. What's even more unusual is that it's all going according to plan. Unlike most of the U.S., the city's housing market is no longer being held back by a lack of supply.A decade of policy changes in Austin, including zoning rule amendments and fewer requirements for some developments, set the stage for a multiyear construction boom as the population expanded. The result is that supply has increased, prices are down, sales are up, and buying costs have shrunk. For other cities, such as Salt Lake City, Dallas, and Columbus, Ohio, Austin's challenges and successes are providing a road map.It wasn't always this way. For decades, Austin was an outlier in construction-friendly Texas. 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Tech hates California's billionaire tax - but loves taxpayers' money","url":"https://stock-news.laohu8.com/highlight/detail?id=2640697959","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2640697959?lang=en_us&edition=fundamental","pubTime":"2026-06-01 19:50","pubTimestamp":1780314600,"startTime":"0","endTime":"0","summary":"Author of 'Cyberselfish' points out that Silicon Valley was built on government dollars - and now its elite want to pull up the ladder. Alphabet founders Larry Page, left, and Sergey Brin are leading opponents of California's proposed billionaire tax.Alphabet   co-founder Sergey Brin recently went on record saying, \"I fled socialism with my family in 1979 and know the devastating, oppressive society it created in the Soviet Union. I don't want California to end up in the same place.\" Sergey is referring to the \"confiscation-for-the-people\" proposed one-time billionaire tax in California.Food labeled as organic in the state of California has to be registered with the California Department of Food and Agriculture and conform to principles of cultivation. California 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DIGEST-Canada - June 1","url":"https://stock-news.laohu8.com/highlight/detail?id=2640956222","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2640956222?lang=en_us&edition=fundamental","pubTime":"2026-06-01 19:34","pubTimestamp":1780313670,"startTime":"0","endTime":"0","summary":"PRESS DIGEST-Canada - June 1June 1 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE 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Big Five hyperscalers’ 12-month forward capex nears USD 800 billion amid AI buildout arms race","url":"https://stock-news.laohu8.com/highlight/detail?id=2640309679","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2640309679?lang=en_us&edition=fundamental","pubTime":"2026-06-01 17:45","pubTimestamp":1780307142,"startTime":"0","endTime":"0","summary":"Momentum Global flagged a surge in AI-driven hyperscaler spending, with combined forward 12-month capex near USD 800 billion as of May 2026.Combined forward capex rose from roughly USD 30 billion in 2016, underscoring an escalating buildout of data centers, cloud capacity, and power infrastructure.Amazon and Alphabet were each expected to spend about USD 200 billion over the next 12 months, with Microsoft close behind.Oracle’s forward capex climbed from about USD 2 billion in 2016 to more than USD 60 billion by 2026, signaling broader participation beyond top spenders.The scale of investment tightens competitive barriers but raises execution risk, with some firms spending nearly all cash generation on capex.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, 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