The NewCo Daily: Today’s Top Stories
Apple is sitting on an unimaginably huge pile of spare cash —roughly $250 billion. This corporate wealth reserve will only grow if and when the Trump administration makes good on its desire to help tech giants repatriate profits that they have stashed overseas to evade U.S. taxes.
What should Apple do with all that money? There are only so many perfect doorknobs a company can buy, after all. In Quartz, David Mattin proposes a suitably grand goal for the company: Fund a giant pilot-test of a universal basic income scheme.
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