California tech company moving headquarters to Florida in another devastating blow

Entertainment

The state of California is losing yet another tech company to Florida. In a dramatic sign of the rising allure of low-tax, pro-business states, quantum computing firm D-Wave Quantum Inc. announced it is relocating its corporate headquarters and key R & D operations from Palo Alto to Boca Raton, Florida. The move, confirmed in a statement from the company, marks a stinging blow to Silicon Valley , in what many see as a broader trend of tech companies leaving high-cost Cali for more business-