Saturday, 18 July

Saturday, 18 July2026

Big Apple Backlash: Tech Giants Double Down in NYC Despite Billionaire Exit Threats

By TechShots Studio
Big Apple Backlash: Tech Giants Double Down in NYC Despite Billionaire Exit Threats
While billionaires like Larry Fink and Bill Ackman warn of a business exodus following New York Mayor Zohran Mamdani's rent-freeze policies, tech companies are doubling down. Airbnb has snapped up a Manhattan building for $81.5 million to serve as a major employee hub, while AI startup Anthropic is leasing a 16-story tower to double its local workforce to over 1,000 employees.

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