Apple nets major tax break for new $1 billion Texas campus

By

Austin campus
A look at Apple's forthcoming Austin, Texas campus.
Photo: Apple

Update: Williamson County elected to award Apple tax breaks worth $16 million over 15 years. The Williamson County commissioners voted 5-0 to approve the deal. Another $25 million will come from the Texas Enterprise Fund.

Apple apparently netted itself a good deal for its newly announced $1 billion campus in Austin, Texas. According to a new report, Williamson County could pay back 65 percent of property taxes to Apple in exchange for a long-term commitment to creating jobs.

The money would be paid in yearly installments. It would start when Apple hires 700 people, then continue for the next 15 years. In return, Apple would invest $400 million and hire 4,000 people for the new site.

Apple to open $1 billion campus in Austin, Texas

By

Austin campus
Apple's existing campus in Austin.
Photo: Apple

Apple will open a new 133-acre campus in Austin, Texas — approximately 1,500 miles from its Apple Park headquarters in Cupertino.

The $1 billion headquarters will initially house 5,000 employees, although this number will eventually expand to 15,000 people. Apple also plans new sites in Seattle, San Diego, and Culver City, California.

Apple makes big investment in TrueDepth sensor maker

By

TrueDepth Finisar
TrueDepth sensors in production at Finisar.
Photo: Apple

Apple has invested a substantial sum of cash in TrueDepth sensor maker Finisar.

The $390 million fund will allow for increased research and development spending, and high-volume production of vertical-cavity surface-emitting lasers (VCSELs). It will also allow Finisar to open a new production facility in Texas, creating more than 500 jobs.

Apple plans to appeal $439.7 million loss to patent troll

By

FaceTime
VirnetX strikes again!
Photo: Apple

Apple has been ordered to pay a patent troll $439.7 million after losing the final ruling in the case being heard by the US District Court.

The legal battle between Apple and VirnetX is far from over though the company says. Even though it lost the ruling related to patented technology used in FaceTime, Apple says it plans to appeal the court’s ruling.

Apple community raises over $13 million for disaster recovery

By

Tim Cook
Apple made a huge contribution to Hand in Hand.
Photo: Apple

North America has been getting its ass kicked by natural disasters the last two months and Apple users have stepped up big help in the recovery efforts.

More than $13 million in donations have poured in from the Apple community to help relief efforts related to hurricanes in Texas, Florida and Puerto Rico. And according to a new blog post from Apple, the donations are still pouring in.

Apple donates $1 million to Mexico earthquake relief

By

Mexico City
Search and rescue teams are still looking for people trapped under collapsed buildings.
Photo: Israel Ministry of Foreign Affairs/Flickr

Apple’s generous spirit and its bank account continue to keep on giving in light of another major disaster, this time in Mexico.

The company already donated millions of dollars to relief efforts for hurricanes Harvey and Irma. Now Apple CEO Tim Cook has revealed that the company is sending money to Mexico to help clean up the damage done by the recent earthquake.

Apple is building a brand new campus for 7,000 employees in Texas

By

A sneak peak at Apple's new Austin campus. The campus will include a doctor’s offices and exam rooms named after Texas parks.
A sneak peak at Apple's new Austin campus. The campus will include doctors’ offices and exam rooms named after Texas parks.
Photo: My Statesman

Everyone’s focused on Apple’s upcoming “spaceship” campus, but Apple is also currently hard at work on its second-largest global campus.

Based in Northwest Austin, TX, the 1.1 million square foot space will reportedly house around 7,000 local workers, and be responsible for Apple’s “business operations for the Western Hemisphere.”

Apple Begins 1-Million-Square-Foot Expansion In Austin, Texas [Report]

By

Apple Operations Center in Austin, Texas

Back in July, Apple purchased acres and acres of land surrounding its campus in the heart of Austin, Texas. It was later reported that Apple was making a $304 million investment to grow its operations in Austin and bring an additional 3,600 jobs to the area.

Now Apple has broken ground on its 39-acre Texan campus in an effort to expand its growing U.S. Operations Center.