ronn
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iPhone owners emailed to apply for Siri privacy lawsuit's $95M settlement
Apple is paying out $95M no matter how many take part in the suit. Any leftover money will probably go to some nonprofit as the lawyers get a defined portion of the award for their services (30% or $28.5M, and up to $1.1M for litigation expenses to be determined by the judge). No one should feel bad for taking part in any CAL. And no one should feel as if they're helping Apple by not taking part as again, that money is going to be paid out. -
Apple to build AI servers in Houston, invest $500B in U.S. economy
gatorguy said:rob53 said:Why in Texas? People thought Apple's products were getting too expensive, just wait for products coming out of Texas. They will break everyone's budget. Who in Texas will actually work at this manufacturing facility? Will everything be automated? Where will the people for these 20K come from, India? Who's going to build the facility? Not the hardest workers from south of the border. trump made sure of that.Apple will continue to make the bulk of what it sells — iPhones, iPads and Macs — in Asia. Its overseas manufacturing footprint has been a flashpoint with Mr. Trump since before he was first elected president in 2016. For years, he has called on Apple “start building their damn computers and things in this country, instead of in other countries.”
As the first Trump administration ratcheted up tariffs on China in 2019, Apple began shifting some of its manufacturing to Vietnam, India and other Asian countries. But it didn’t bring any of that production back to the United States.
[ ... ]
The investment represents $39 billion in additional spending annually above what Apple promised to spend on employees and suppliers in the United States in 2021, [Gene Munster, managing partner at Deepwater Asset Management] said. It is in line with Apple’s average annual increase in U.S. investment to support its growth since 2017. And the 20,000 jobs that Apple said it would add is in line with the number of people that it would hire over a four-year span in the United States, as well. -
China threatens App Store probe in retaliation for trade tensions
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Trump hesitates over instituting China tariffs that would hurt Apple
From The NY Times earlier this evening:President Trump said on Tuesday that he intended to impose a 10 percent tariff on Chinese imports into the United States on Feb. 1, a decision that is sure to escalate trade tensions between the world’s largest economies.