Apple to invest $500 billion in U.S., build AI server factory
Apple will invest $500 billion in the U.S. over four years, including an AI server factory in Texas and 20,000 new R&D jobs.
At its investor meeting on Tuesday, Apple shareholders overwhelmingly voted against an anti-diversity, equity, and inclusion (DEI) proposal brought forward by the conservative National Center for Public Policy Research. The proposal, one of four on the ballot, called on the tech giant to cease its D
The rejection of the proposal comes at a time when several major tech companies have been scaling back or eliminating their DEI programs amid mounting social and legal pressures. Notably, Meta has already dismantled its DEI initiatives, Amazon announced plans to curtail some efforts, and Google recently revealed it would abandon diversity hiring goals while reviewing its internal DEI strategies.
During the meeting, CEO Tim Cook addressed the issue, warning that "as the legal landscape around these issues evolves, we may need to make some changes to comply." Cook's comments underscored the ongoing debate over the role of DEI in corporate governance and the challenges companies face balancing social commitments with shifting regulatory environments.
The proposal, which gained national attention, was part of a broader trend of activist shareholder initiatives aimed at reshaping corporate policies. Despite these efforts, Apple’s board recommended that shareholders vote against the proposal—a recommendation that was ultimately followed by the majority of investors.
By rejecting the anti-DEI measure, Apple reaffirmed its commitment to fostering a diverse and inclusive workplace, even as the broader tech industry navigates a complex landscape of political and legal challenges.
A recent discovery has revealed that ancient artifacts from the Treasure of Villena were crafted using metal from meteorites, offering new insights into early metalworking techniques in the Iberian Peninsula.
Polish startup Clone Robotics has unveiled Protoclone, the world’s first anatomically accurate humanoid robot, featuring artificial muscles, bones, and joints that enable lifelike movements.
Berlin, February 21, 2025 – German citizens will head to the polls on Sunday, February 23, for a snap general election after the coalition government collapsed late last year.
U.S. President Donald Trump has wasted no time in his second term, making sweeping changes across domestic and foreign policy in just four weeks. His administration has aggressively reshaped federal agencies, redefined trade policy, frozen foreign aid, and taken bold steps in global diplomacy.
In a move with potentially far-reaching implications for the tech industry in Europe, Italian tax authorities have extended their investigation to Elon Musk’s social network X, seeking €12.5 million in value-added tax (VAT) for the period 2016 to 2022, Reuters has reported.
Egg prices in the United States are predicted to increase by 41.1% in 2025, according to a report released by the Department of Agriculture (USDA) on Tuesday. U.S. Secretary of Agriculture Brooke Rollins met with poultry farmers and industry leaders focused on avian flu response efforts.
Indonesia is set to become the Muslim Fashion center, targeting five Middle Eastern countries—Iran, Turkey, Saudi Arabia, Pakistan, and Egypt—as potential markets for exporting apparel and footwear.
U.S. electric vehicle giant Tesla experienced a dramatic drop in European sales in January, with a year-on-year decline of 45.2%, according to data from the European Automobile Manufacturers' Association (ACEA).
Iraq and oil major BP, opens new tab signed a deal to redevelop four Kirkuk oil and gas fields, Iraq's state news agency reported on Tuesday.
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