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Apple Commits $500 Million for Rare-Earth Magnets

Apple to Buy Rare Earths From Pentagon-Backed US Producer MP

Apple Inc. has struck a $500 million deal to buy rare-earth minerals from MP Materials Corp., the US producer that just last week secured backing from the Pentagon.

The Verge on MSN · 45m

Apple cuts a deal for recycling rare earth magnets in the US

Apple has announced a $500 million investment in MP Materials, a rare earth mining company based in the US. With the deal, the two companies will partner on the development of a rare earth magnet recycling line in Mountain Pass, California, allowing Apple to use reprocessed electronics and scrap material to build its products.

The Wall Street Journal on MSN · 3h

Apple Commits $500 Million for Rare-Earth Magnets From U.S. Supplier

MP Materials will supply Apple with magnets it produces at a Texas facility, expanding Apple’s U.S. supply chain at a time when President Trump has pressured Apple to do so.

Tim Cook Is Not Leaving Apple

AOL · 7h

Apple Undergoing Major Management Overhaul, But CEO Tim Cook To Stay On

Apple Inc. (NASDAQ:AAPL) is in the midst of a significant management reshuffle. Despite the company’s biggest crisis in years, CEO Tim Cook remains firmly at the helm. Bloomberg's Mark Gurman, in his latest weekly "Power On” report revealed that,

Inc · 23h

Apple After Tim Cook? Succession Plan Talk Picks Up as He Stays Put

Tim Cook is Apple’s longest-serving CEO. But what industry gossipers want to know is, what will happen if and when he’s replaced?

WAAY-TV · 9h

Tim Cook was hand-picked to lead Apple. Some say it’s time for him to go

Two research analysts made waves last week when they called for a major shakeup at tech giant Apple. The analysts weren’t suggesting a logo or product redesign. Instead, they called for the replacement of Tim Cook,

3hon MSN

Apple's latest message to Trump: We're buying American magnets

Apple is investing $500 million with MP Materials to design and manufacture recycled rare earth magnets in the US, ...

CNET on MSN45m

Apple Reportedly Taps Samsung Display for First Foldable iPhone Screens

Screen mass production is supposed to begin in the fourth quarter of this year, so the foldable iPhone can go on sale in 2026 ...

6don MSN

With Apple’s No. 2 retiring, here’s who might be next in line for CEO

Who wants to be Apple's next CEO? With the company's No. 2 retiring, here’s who might be next in line for Apple's CEO role.

4don MSN

Dan Ives Says Apple (AAPL) Must Acquire Perplexity—Here’s Why It’s a ‘No-Brainer’

Apple Inc. (NASDAQ:AAPL) is one of the AI Stocks Making Waves on Wall Street. On July 9, Wedbush reiterated its “Outperform” ...

Apple loses top AI models executive to Meta’s hiring spree

Apple Inc.’s top executive in charge of artificial intelligence models is leaving for Meta Platforms Inc., another setback in ...

Apple Appeals ‘Unprecedented’ €500 Million EU App Store Fine

Apple Inc. appealed a €500 million ($580 million) fine from the European Union, calling the penalty “unprecedented” and the ...

1hon MSN

Apple just spent $500 million to source a material that’s critical for iPhones from the US

Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from President Donald Trump to produce its popular smartphones domestically.

11h

Apple's AI Strategy Costs $630 Billion in Market Cap: Investors Want The Company To Look At Acquisitions

Apple Inc. is facing investor pressure to improve its AI strategy due to a 14.45% drop in share prices this year.

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