It took about 30 minutes for Williamson County commissioners to unanimously approve a roughly $16 million incentive package for Apple Tuesday morning, bringing the total amount the tech giant is likely to receive in exchange for choosing Austin as the site for its newest campus to a cool $41 million. The new addition is set to be Apple’s second campus in the Austin, Texas, area--located less than a mile from the company’s existing facility, established five years ago.
The usage of Google products isn't unique to Lodewyk's public school in Bay City, Michigan. There are 80 million educators and students globally using G Suite for Education, which allows users to access Gmail, Google Cloud, Google Docs, and other productivity tools. In 2017, Chromebooks and other Google devices made up 58% of all devices purchased for US classrooms, according to Futuresource data.
The 133-acre campus will be located in North Austin and will accommodate an initial 5,000 employees, with capacity for 15,000 employees in total. The new campus will be located less than one mile from Apple's existing Austin facilities and will house a range of jobs in engineering, R&D, operations, finance, sales and customer support.
Microsoft president Brad Smith promised to provide the US military with the best technology at the US company, including artificial intelligence technology. Smith made the remarks in an interview with Maria Partiromo on Fox Business Network on Wednesday, adding that artificial intelligence enters the world of armies around the world, and that the United States has the best technology companies in the world.
Google has steadily taken over the ed-tech market with its super-cheap Chromebooks and user-friendly education management software. In 2017, Chromebooks and other Google devices made up 58% of all devices purchased for US classrooms, according to Futuresource data. That figure was a mere 5% in 2012.
Microsoft ended the week with the title of the most-valuable company in the U.S., pulling ahead of Apple Friday afternoon at the close of the stock market after days of volleying back and forth. Microsoft’s stock rose slightly Friday, while Apple’s declined about 0.5 percent. This pushed Microsoft to a market capitalization of $851.2 billion vs. $847.4 billion for Apple, per Yahoo Finance.
"Generally speaking, I am not a big fan of regulation," Cook told Axios on HBO. "I'm a big believer in the free market, but we have to admit when the free market is not working. And it hasn't worked here." "I think it's inevitable that there will be some level of regulation," Cook said. "I think the Congress and the administration at some point will pass something."
The Supreme Court grappled Monday with whether to allow a consumer class action lawsuit to go forward against Apple over its alleged monopoly on iPhone applications. The liberal members of the court seemed to side with consumers, who argue they are being directly injured by having to pay more for iPhone apps that are sold exclusively through the technology giant’s App Store.
"Every day, billions of dollars change hands, and countless decisions are made, on the basis of our likes and dislikes, our friends and families, our relationships and conversations. Our wishes and fears, our hopes and dreams," Cook said. "These scraps of data, each one harmless enough on its own, are carefully assembled, synthesized, traded, and sold."
Apple and Google have held the top two spots for six consecutive years, according to Interbrand’s Best Global Brands report, while Facebook slipped one place in 2018 to ninth after being the fastest growing brand for five years.