Apple Abandons Project, FBI's Head-Scratcher, and Social Media Cases

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Good morning. It's Wednesday, Feb. 28, and we're covering combating organized retail theft, more trouble for electric vehicles, 2024 MLB odds, and much more. First time reading? Sign up here.

American Fact of the Day!

Kentucky: More than half of all U.S. troops killed in the War of 1812 were Kentuckians. One of the first U.S. casualties of WWI was also Kentucky-born - Corporal James Bethel Gresham from McLean County.

Breaking Updates

'Woke' FBI Posts Head-Scratcher on Combating Organized Retail Theft and People Have Thoughts

Organized retail theft has become a big problem in America, with the areas hardest hit of course being Democrat-run big cities, where these theft rings know that more often than not they'll either face limited punishment or get away scot-free.

The FBI, though, wants you to know that they are aware of how much this problem is negatively impacting both retailers and the communities they serve, so much so that they took to the Twitter machine Monday to brag about the tactics they've allegedly been using to combat these organized retail theft rings.

Here's what they posted.

That... does not look like a photo of your typical band of theft mobs and smash and grabbers. It's usually large groups of men or teenage boys and girls of differing races, and usually, they look rough around the edges even behind the masks they typically wear.

Organized retail theft rings come in many forms, but I'm fairly certain that the one the FBI posted in their woke bulletin on the topic isn't one of them.

Read more updates here

More Trouble for Electric Vehicles As Apple Abandons Major Project

Apple has finally abandoned its plans to build its own electric vehicle after the project reached a "make-or-break point," according to a report from Bloomberg. Bloomberg reported that Chief Operating Officer Jeff Williams and Kevin Lynch, a vice president tasked with managing the project, informed employees on Tuesday that it will begin winding now its plans to enter the automobile market. Staff working on the effort will either be laid off or transferred to the company's artificial intelligence division.

The two executives told staffers that the project will begin winding down and that many employees on the car team — known as the Special Projects Group, or SPG — will be shifted to the artificial intelligence division under executive John Giannandrea. Those employees will focus on generative AI projects, an increasingly key priority for the company. The Apple car team also has several hundred hardware engineers and vehicle designers. It’s possible they will be able to apply for jobs on other Apple teams. There will be layoffs, but it’s unclear how many.

Bloomberg added that the decision was taken as the result of recent discussions among senior executives that the project was on the brink. Under Apple's original plans, dubbed Project Titan, the company hoped to enter another sector by manufacturing a luxurious and fully autonomous electric vehicle.

The bombshell move came as a surprise to investors, many of whom were skeptical about the project since its inception in 2014. The project's abandonment comes amid declining fortunes for the EV industry, as many leading car manufacturers cut their production targets amid a sharp fall in demand and concerns about maintenance costs.

Read more updates here

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