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Apple plans major US expansion, including a new $1 billion campus in Austin

Apple plans major US expansion, including a new $1 billion campus in Austin

Apple  has announced a major expansion that will see it open a new campus in North Austin and new offices in Seattle, San Diego and Los Angeles as it bids to increase its workforce in the U.S. The firm said it intends also to significantly expand its presence in Pittsburgh, New York and Boulder, Colorado over the next three years.The Austin campus alone will cost the company $1 billion, but Apple said that the 133-acre space will generate an initial 5,000 jobs across a broad range of roles, with the potential to add 10,000 more. The company claims to have 6,200 employees in Austin — its largest enclave outside of Cupertino — and it said that the addition of these new roles will make it the largest private employer in the city.
GE spins off digital assets to form internet of things company

GE spins off digital assets to form internet of things company

General Electric announced plans Thursday spin off its GE Digital business and establish an independent internet of things company, built around several GE Digital technologies.GE also said it is simultaneously selling a majority stake in Service Max to private equity shop Silver Lake. Service Max is a software business GE Digital acquired for $915 million in November 2016."As an independently operated company, our digital business will be best positioned to advance our strategy to focus on our core verticals to deliver greater value for our customers and generate new value for shareholders," GE chairman and CEO Larry Culp said in a statement.
The cofounder of Casper wants to make home renovations less hellish

The cofounder of Casper wants to make home renovations less hellish

There is a special circle of hell devoted to home renovation projects. It always seems like such a good idea at first. You flip through Dwell or Architectural Digest and think to yourself, “Wouldn’t it be nice to have a trendy, marble-covered bathroom like the one in this photo?”Then, the nightmare begins: You search for contractors, but they each quote wildly different rates. You go to Home Depot to search for tiles and sink fixtures, but the ones you want are out of stock. The job is supposed to take a month, but it ends up taking three. Random strangers keep showing up at your house to do electrical and plumbing work. The stress of everything sends you and your partner to couples’ counseling. When it’s all said and done, you’ve gone over budget by $5,000. But at this point, you don’t care. You’re just grateful you don’t have to shower in an unfinished construction site
Facebook bug exposed up to 6.8M users’ unposted photos to apps

Facebook bug exposed up to 6.8M users’ unposted photos to apps

Reset the “days since the last Facebook  privacy scandal” counter, as Facebook has just revealed a Photo API bug gave app developers too much access to the photos of up to 5.6 million users. The bug allowed apps users had approved to pull their timeline photos to also receive their Facebook Stories, Marketplace photos, and most worryingly, photos they’d uploaded to Facebook but never shared. Facebook says the bug ran for 12 days from September 13th to September 25th. Facebook tells TechCrunch it discovered the breach on September 25th, and informed the European Union’s privacy watchdog the Office Of The Data Protection Commissioner (IDPC) on November 22nd. The IDPC has begun a statuatory inquiry into the breach.
Heavy-hauling drone lays claim to a Guinness World Record

Heavy-hauling drone lays claim to a Guinness World Record

We first caught wind of the Skyf drone around a year ago, and the Russian outfit rolled out some pretty outrageous performance specs to go with it. With a mix of gasoline and electric motors, the massive multirotor drone can apparently carry a 440-lb (220 kg) payload for up to eight hours. Recent demonstration flights in Tatarstan, Russia, didn't see it quite reach these lofty heights, but it did do enough for its creators to lay claim to a Guinness World Record.
Chicago mayor wants to legalize marijuana, open casino to deal with city's pension crisis

Chicago mayor wants to legalize marijuana, open casino to deal with city's pension crisis

CHICAGO – The outgoing mayor of Chicago wants to legalize recreational marijuana and open a casino to help address a growing pension crisis in the nation’s third largest city, a source close to the mayor said Tuesday. Rahm Emanuel, who is set to leave office in May, will propose both measures in a major address on Wednesday, according to the source, who was not authorized to speak publicly before the mayor’s address. Also Tuesday, aides to New York Gov. Andrew Cuomo told The New York Post that Cuomo was readying a plan to legalize recreational marijuana in that state. It's already allowed in California, so If Emanuel and Cuomo are successful, it would be available in each of the nation's three largest cities: New York, Los Angeles and Chicago.
Coinbase Might Be Behind Those 856,000 BTC Worth of Transactions

Coinbase Might Be Behind Those 856,000 BTC Worth of Transactions

Last week, it was reported\ that a Bitcoin whale had moved thousands of bitcoin into different wallet addresses. Between December 1 to December 6, 2018, the whale split 856,000 bitcoin between 107 wallets, sending an equal 8,000 BTC into each wallet. Speculators have formulated different hypotheses since the monstrous sum was moved. Was it a market whale moving funds to Over-the-Counter (OTC) markets? Could the sender be the Foundation for Economic Education (Fee.org)? (This second theory is highly improbable as the listed address on the organization’s website reveals it has only ever received a total of 2.2 BTC.)
Elizabeth Warren doubles down on affordable housing legislation

Elizabeth Warren doubles down on affordable housing legislation

Today, Sen. Elizabeth Warren (D-MA) doubled down on her strategy to fix America’s housing crisis. Along with Rep. Cedric Richmond (D-LA) and Rep. Gwen Moore (D-WI), she introduced the American Housing and Economic Mobility Act to the House, a companion to a Senate bill Warren introduced in September. The bill would create three million new housing units, improve access to affordable housing through anti-discrimination laws, and invest in families living in historically redlined communities. Independent analysis of the bill predicts that it will create 1.5 million jobs and bring rents down, on average, by 10 percent.
How VR Is Being Used to Help Children With Learning Disabilities, Autism

How VR Is Being Used to Help Children With Learning Disabilities, Autism

The United States Department of Education is betting on virtual reality to help students with high-functioning autism and learning disabilities in schools across the country. This month the Office of Special Education and Programs announced its investment of $2.5 million toward a new program that will use VR to nurture social skills in students with disabilities – an extension on earlier funding for versions of the program designed for desktop and tablets in 2011. The project is called VOISS: Virtual Reality Opportunities to Implement Social Skills, and is developed by researchers at the University of Kansas’ Center for Research on Learning and Department of Special Education – a collective of academics and Ph.D.s who are treading the waters that intersect virtual reality and education. In addition to students and teachers participating in the project, KU researchers will work in collaboration with educational leaders at the Ohio Center on Autism and Low Incidence Disabilities and a team of computer scientists at Western Illinois University. 
Android malware steals money from PayPal accounts while users watch helpless

Android malware steals money from PayPal accounts while users watch helpless

A new Android trojan hidden inside a battery optimization app can steal money from users' PayPal accounts, ESET has revealed today, even from those protected by two-factor authentication. Fortunately, the malicious app, named Optimization Battery, is currently available through third-party app stores only, and not through the official Play Store, meaning very few people have had phones infected by this threat until now. Despite this, this app should be considered incredibly dangerous. The reasons is that it features an automated system that initiates PayPal money transfers right from under the user's nose, without giving the victim a chance to stop the illicit transaction.


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