Live data from Hacker News

Oracle Moving HQ to Austin

sec.gov

401–410 of 451 posts

Re: Oracle Moving HQ to Austin

#401
post #244

Earlier quoted context omitted.

I don't think Tesla and Oracle belong in the same category. Tesla, for all its foibles, is still innovation driven and seems to be an active part of the tech ecosystem. Oracle seems more of the consulting/cubicle farm/enterprise driven company you describe.

There's still no support for Apple Carplay or Android Auto in any Tesla. So I very much doubt they're part of the tech ecosystem.

That’s an interesting conclusion to draw from that.

Re: Oracle Moving HQ to Austin

#402
post #371
post #233

Earlier quoted context omitted.

Texas - Famous for not having wildfires. https://en.wikipedia.org/wiki/2011_Texas_wildfires

Right, and how many have we had since one of the most exceptional years on record? Also our flatter land tends to avoid temp adversions that trap smoke and really reduce air quality. That said, the pollen is terrible.

The worst one in history was 9 years ago and 4 million acres burned.

That’s almost as much as California this year. If you have that much hubris as to think another event won’t happen like that in Texas with increasing frequency, then I guess enjoy Austin?

Re: Oracle Moving HQ to Austin

#404
post #315

Earlier quoted context omitted.

This is not correct. I work for a CA based company. I work from home in a different state which is my legal residence. I do not file or pay CA taxes.

How do you get health insurance? Does your company have an office in your state? If not, do they give you Californi-based coverage, with most providers being out-of-network?

(I am in the same position, working in not-CA for an employer HQ'd in CA.)

> How do you get health insurance?

Through my employer, like many employees.

> Does your company have an office in your state?

Yes, though I've not seen the inside of it with my eyes since March.

> If not, do they give you Californi-based coverage, with most providers being out-of-network?

While your question was conditional on the office, no, the CA-specific health plans are only available for CA employees. Non-CA employees have a different set of options. (Sadly: I was rather fond of Kaiser.)

Re: Oracle Moving HQ to Austin

#405
I assume - together with TikTok - from this article in september:

https://www.texastribune.org/2020/09/22/tiktok-texas-trump/

President Donald Trump said Saturday that he tentatively approved a deal between the Chinese-owned social media app TikTok and Oracle and Walmart that could bring the new joint venture’s headquarters to Texas. The deal, though, still faces much uncertainty.

“All of the technology will be maintained here,” Trump said at a North Carolina rally. “They’re going to move probably to the great state of Texas.”

...

If approved, the new entity, TikTok Global, would contribute $5 billion to an educational fund based in Texas, according to the Austin American-Statesman, though Walmart said in a press release the money would go to the U.S. Department of the Treasury. Trump had previously requested that there be a contribution to the U.S. government in exchange for helping to arrange the deal. Walmart did not respond to a request for comment.

Re: Oracle Moving HQ to Austin

#407
post #42

Likely irrelevant, but reminded me of this[0]: """Basically, we’re moving because of William Whyte‘s rule: virtually all corporate relocations involve a move to a location which is closer to the CEO’s home than the old location. Whyte discovered this principle after an extensive study of Fortune 500 companies that left New York City for the suburbs in the 1950s and 1960s""" Tesla will likely move its HQ to Texas foll…

I'd guess that Musk personally moved to TX because he's planning on moving SpaceX and (possibly) Tesla HQs to TX.

TX has lots of cheap land, low taxes, business-friendly politics, low cost of living (for employees)....CA is basically the opposite and getting worse.

Re: Oracle Moving HQ to Austin

#408
post #66

Earlier quoted context omitted.

How does labor law impact anything when everyone is WFH ? Also, do taxes really have anything to do with your HQ location ? All corporations are registered in Delaware.

AFAIK, WFH employees have CA tax obligations when the company HQ is in CA, even if they’re working from other states. So all non-CA employees have less of a tax burden as a result of the HQ relocation.

No, you only pay for time worked in CA. The only exception I found are options/RSUs granted in CA and vested after you've left, these may be taxed in proportion to the time originally worked in CA after the grant.

Re: Oracle Moving HQ to Austin

#409
post #100

Earlier quoted context omitted.

> The Californians, after years of having higher salary, more savings, and a job that lets them move, goes to Texas and offers $400k for that same house. The Californian thinks it's a great deal, because they get the same size house they previously lived in for only half the price! And the seller thinks it's great, because he now suddenly gets a huge premium on his previously-valued-at-$250k-house. All of the real es…

The supply of housing isn't a problem in Texas, but "supply and demand" isn't the end of the story. When two Texans want the same house, a bidding war is artificially capped (at, say $300k) because that's all the average Texan can afford. But when a Californian moves in with high net worth and a higher paying job, they can bid much higher, and they don't mind doing so (the mindset I have personally heard from most CA…

Feels like the solution here is to pay income taxes instead of property taxes. ;)

Re: Oracle Moving HQ to Austin

#410
post #369

Earlier quoted context omitted.

Just northwest of the city it’s crazy. When the wind gets up in January there will just be thick yellow clouds of pollen blowing off the Mountain Cedars, and everything is covered in it.

Heh, exactly where I live. It about kills my wife.

Why suffer through that.
Post reply on HN