DUBLIN (Reuters) - Apple ditched plans to build an 850 million euro ($1 billion) data center in Ireland because of delays in the approval process that have stalled the project for more than three years, the iPhone maker said on Thursday. FILE PHOTO - An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar/File Photo Apple announced plans in February 2015 to build the facility in the rural western town of Athenry to take advantage of green energy sources nearby, but a series of planning appeals, chiefly from two individuals, delayed its approval. Ireland’s High Court ruled in October that the data center could proceed, dismissing the appellants who then took their case to the country’s Supreme Court. “Despite our best efforts, delays in the approval process have forced us to make other plans and we will not be able to move forward with the data centre,” Apple … [Read more...] about Apple scraps $1 billion Irish data center over planning delays
BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Newsletter Signup Technology By The Motley Fool 07/07/17 AT 9:40 AM This article was originally published on the Motley Fool.Pandora Media (NYSE:P) was the first big player in the digital music-streaming space, but it has quickly fallen behind on-demand streaming competitors.In this clip from Industry Focus: Tech, Motley Fool analyst Dylan Lewis and senior tech specialist Evan Niu explain how players like Spotify and Apple (NASDAQ:AAPL) Music have picked up Pandora's slack to become market leaders, how Pandora is just now starting to try to close that gap, and what management has said on the matter.A full transcript follows.Dylan Lewis: The push for the company over the next couple years is going to be on-demand streaming in the United States. And that space is absolutely dominated by Spotify and Apple Music right now.Evan Niu: Right. None of these … [Read more...] about Why Apple And Spotify Are Beating Pandora In The Music Streaming Race
DUBLIN (Reuters) - Apple (AAPL.O) will not proceed with a planned data center in Athenry, Ireland, because of delays in the planning approval process, RTE reported on Thursday citing a company statement. FILE PHOTO - An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar/File Photo Apple had announced plans in February 2015 to build the facility in a rural location in the west of Ireland to take advantage of green energy sources nearby, but the project has faced a two-year delay due to planning objections. Reporting by Padraic Halpin, writing by Estelle Shirbon,; Editing by Alistair Smout … [Read more...] about Apple drops plans for data center in Ireland due to planning…
Published May 09, 2018 Markets Motley Fool Facebook Twitter Comments Print Apple (NASDAQ: AAPL) knocked its earnings report out of the park, but a couple of numbers seemed a little alarming at first glance. In this Industry Focus: Tech clip, analysts Dylan Lewis and Evan Niu explain why a spike in Apple's inventory isn't as bad as it sounds, and is actually more of a smart, planned decision. They also discuss why Apple's ding from foreign exchange is nothing for investors to worry about. Continue Reading Below A full transcript follows the video. 10 stocks we like better than AppleWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are … [Read more...] about What’s Going On With Apple’s Inventory?
0 View Comments IOWA CITY, Iowa (AP) — A top aide to Gov. Kim Reynolds took a management job with tech giant Apple months after helping promote a $208 million incentive package for the company's planned Iowa data center as a good deal for taxpayers. Tim Albrecht left as Reynolds' deputy chief of staff to begin work at Apple in March as a regional manager of strategic initiatives. Albrecht's position is "unrelated" to the $1.3 billion complex the company is building outside Des Moines, a deal the administration negotiated, announced and defended when Albrecht was Reynolds' senior adviser, according to the governor's office. Supporters of the Apple project have argued that it's a landmark development for the fast-growing city of Waukee that will strengthen the state's tech industry. Critics, including some economists and Democrats running for governor, have blasted the $208 million in tax breaks pledged by the city and state, saying they're far too generous for a project that … [Read more...] about Aide to Iowa governor touts Apple deal, gets job at company