Apple CEO Tim Cook was in Beijing today, meeting Chinese officials as the Cupertino company eyes up further growth in China. It’s his first trip to the country since he took over from Steve Jobs as CEO, and he got himself noticed with a visit Apple’s Beijing store where he stopped to pose for photographs with fans.
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City officials in Austin, Texas, have agreed to pay Apple $8.6 million in incentives over the next ten years after the Cupertino company revealed its plans to invest $304 million in a new campus. Additionally, it will also receive $21 million from the Texas Enterprise Fund, and possibly a further $6 million from Travis County Commissioners.