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Mon. 02/24 – Apple’s $500B Investment In The US
Feb 24, 2025
Apple's monumental $500 billion investment in U.S. manufacturing aims to create 20,000 jobs and stimulate innovation. Meanwhile, Google is shifting away from SMS for authentication in favor of QR codes. The crypto world faces shockwaves as a massive $1.46 billion heist affects Bybit, allegedly masterminded by the Lazarus Group. In schools, some districts are turning to AI for counseling support as technology continues to shape our lives in unexpected ways.
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Quick takeaways
- Apple's $500 billion investment in U.S. manufacturing will create 20,000 jobs and bolster domestic supply chains amid tariff concerns.
- Google's shift from SMS to QR codes for two-factor authentication highlights the urgent need to improve digital security and combat phishing risks.
Deep dives
Apple's Major U.S. Investment Plan
Apple announced a substantial investment of $500 billion in U.S. manufacturing over the next four years, which includes hiring 20,000 new employees. This initiative was influenced by a recent meeting between Tim Cook and President Trump, highlighting Apple’s desire to minimize potential tariffs on imported goods. The investment will support a new server manufacturing facility in Texas, a supplier academy in Michigan, and an expansion of Apple’s existing supplier relationships. Additionally, Apple is increasing its U.S. Manufacturing Advanced Fund from $5 billion to $10 billion to enhance innovation and high-skilled job creation in the country.
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