In its first major product event of the year, Apple will return to its roots in the education market. The event on Tuesday at Lane Technical College Prep High School in Chicago will mark the first time Apple has held a product launch geared toward education since 2012 when it unveiled a tool for designing e-books for the iPad. It’s also a rare occasion for an Apple confab outside its home state of California.
The move by Apple to host Chinese users' iCloud accounts in a new data center in China -- one that is compelled by new laws -- is part of a bigger, ongoing technology trade war between the world's two biggest economies, said the head of investment research at a data analysis company.
Human rights activists say they fear the authorities could use that power to track down dissidents, citing cases from more than a decade ago in which Yahoo Inc handed over user data that led to arrests and prison sentences for two democracy advocates. Jing Zhao, a human rights activist and Apple shareholder, said he could envisage worse human rights issues arising from Apple handing over iCloud data than occurred in the Yahoo case.
In "Rewiring Education: How Can Technology Unlock Every Student's Potential," John D. Couch, Apple’s first vice president of education, provides an inside look at the company’s vision for the role technology has played in education, and the opportunities and obstacles that lie ahead.
Construction on a Chinese data center for Apple Inc, the U.S. tech giant, is scheduled to begin later this year and the center is expected to open in 2020, sources close to the project has said. The timetable was provided by the communications administration of southwest China's Guizhou Province, where the center will be built.
Apple (AAPL) said it will build a second corporate campus and hire 20,000 workers in a $350 billion, five-year commitment to the U.S. economy. Apple, the world's biggest company by market capitalization, said Wednesday it will contribute $75 billion of that amount through investments in American manufacturing, planned capital expenditures and what it called a "record" tax payment after it repatriates overseas profits.
AAPL may now be joining its most famous and influential shareholder in again becoming more US-centric. The catalyst: the tax bill. The US has joined most of the rest of the world with a humble tax policy. When AAPL earns money in the EU, or Brazil, it now pays no tax penalty for its foreign subsidiary to pay a dividend to the parent. This money can now go to shareholders, or it can be invested in the US.
Combining new investments and Apple's current pace of spending with domestic suppliers and manufacturers -- an estimated $55 billion for 2018 -- Apple's direct contribution to the US economy will be more than $350 billion over the next five years, not including Apple's ongoing tax payments, the tax revenues generated from employees' wages and the sale of Apple products.
iPhone maker Apple announced today that it is making immense investments in the U.S. economy including building a new campus at an as-yet unnamed location and hiring 4,000 new workers a year for the next five years, many of whom will be employed at existing data centers.
Eye problems, bad posture, carpal tunnel syndrome, social disconnection, depression, insomnia. All of these are symptoms of excessive screen time, and Apple has recently responded to a request by shareholders for the company to address youth screen time issues.