Jan 17, 2018

Apple's new U.S campus won't be an HQ2

This is Apple's new headquarters, and it's in Cupertino, Calif. (Photo: Apple)

Apple's new U.S. campus won't be an HQ2, a la Amazon.

Be Smart: The new office, which won't be in Texas or California, will initially house technical support staff. It may grow, but isn't imagined as a second headquarters.

Also unlike Amazon, Apple isn't putting out a big request for proposals, seeing which states and cities will come up with the biggest incentive package. The company said it will announce the city later this year, but hasn't said how it is making its choice.

It's also worth remembering that Apple already has a lot of employees outside Silicon Valley, and not just in its stores. It's biggest such operation, in Austin, employs around 6,000 people.

Separately: Apple told employees on Tuesday that it will give lower-level workers $2,500 in restricted stock and will boost its level of matching workers' charitable contributions.

Here's Tim Cook's full e-mail to staff:

Team,

This morning we announced a new set of investments Apple will be making over the next several years, including expanding some of our existing campuses and establishing a new one. We’re also extending our efforts in support of coding education, ConnectED and STEAM programs. I encourage you to read about these announcements on AppleWeb.

I’m excited to let you know that we’re also increasing our investment in our most important resource — our people. You are the heart and soul of Apple and we want you to share in the success made possible through your efforts. Your dedication helps Apple make the best products in the world, surprise and delight our customers, and ultimately make the world a better place.

To show our support for our team and our confidence in Apple’s future, we’ll be issuing a grant of $2,500 in restricted stock units to all individual contributors and management up to and including Senior Managers worldwide. Both full-time and part-time employees across all aspects of Apple’s business are eligible. Details are available on AppleWeb.

We also know how much our employees value giving back to the communities where we all work and live. I’m happy to announce that starting immediately and running through the end of 2018, Apple will match all employee charitable donations, up to $10,000 annually, at a rate of two to one. In addition, Apple will double the amount we match for each hour you donate your time. Last year, your generosity helped people around the world through causes that are important to you. I’m proud that this year we’ll be able to build on that tradition of giving.

Apple's success comes from our people and I am proud to work alongside each of you. On behalf of the Executive Team, thank you for your hard work and dedication.

Tim

Go deeper

Debate night: Candidates' last face-off before Super Tuesday

Sanders, Biden, Klobuchar and Steyer in South Carolina on Feb. 25. Photo: Jim Watson/AFP via Getty Images

Sen. Bernie Sanders wants to keep his momentum after winning New Hampshire and Nevada, while former Vice President Joe Biden hopes to keep his own campaign alive. The other five candidates are just trying to hang on.

What's happening: Seven contenders for the Democratic presidential nomination are in Charleston, South Carolina, for the tenth debate, just days before the South Carolina primary and a week before Super Tuesday. They're talking about health care, Russian interference in the election, the economy and race.

Go deeperArrowUpdated 3 mins ago - Politics & Policy

Sanders to Putin: You won't interfere in any more elections if I'm president

Photo: Scott Olson/Getty Images.

Sen. Bernie Sanders sent a message to Russian President Vladimir Putin on the debate stage Tuesday, stating, "If I'm president of the United States, trust me, you're not going to interfere in any more American elections."

The big picture: It was unveiled last week that Russia has been interfering to boost Sanders' campaigns in an apparent attempt to strengthen President Trump's bid for reelection. Former New York Mayor Michael Bloomberg said that "Vladimir Putin thinks that Donald Trump should be president of the United States, and that's why Russia is helping [Sanders] get elected.

Axios Dashboard

Keep up with breaking news throughout the day — sign up for our alerts.