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Jack Dorsey Donates $1 Billion to COVID-19 Relief

Charlotte Henry ·

Twitter and Square founder Jack Dorsey announced Tuesday that he has moved $1 billion worth of Square equity into an LLC to fund COVID-19 relief, NBC News reported. This equates to around 28 percent of his total net-worth.

Dorsey’s investment in coronavirus relief is the most significant financial pledge by a private individual to date. Several other current and former tech executives, including Bill Gates and Jeff Bezos, have each pledged $100 million. Unlike other donors, Dorsey also promised to keep a consistently updated public record of all the donations. Once the pandemic is over, Dorsey said, the rest of the $1 billion will be dedicated to “girl’s health and education, and UBI,” which is short for Universal Basic Income, a program that calls for each person to receive a certain amount of money from the government every month.

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Will Apple Kill Beats? Probably Not This Year

Andrew Orr ·

As shared by The Loop, there is some speculation on whether Apple will end the Beats brand. iMore says Apple should kill it, while 9to5Mac claims to have learned there is no plan to kill it. It started because of a separate rumor that Apple will release over-the-ear headphones under the AirPods brand. Quote from the iMore piece:

If Apple is truly planning to release over-the-ear noise-canceling pair of headphones similar to the Bose 700 has Jon Prosser suggests, it would be incredibly redundant to continue to release Beats as well. The Apple brand is just more valuable to Apple than the Beats brand — plain and simple.

My two cents is that Apple will probably phase out Beats, but not this year. It will be a gradual process over the next 10 years, like how the iPod touch still gets an occasional refresh but otherwise isn’t mentioned. You can’t kill a brand like Beats overnight. Once over-the-ear AirPods come out, and they will, phase one will be complete. There will be an AirPod for each Beats category, because you can’t leave customers hanging without alternatives, thank you very much.

TMO Deals

CleanMyMac X One-Time Purchase License: $67.99

Bryan Chaffin ·

We have a deal on CleanMyMac X, software that cleans the junk out of your Mac. I love CleanMyMac X, and I’ve been using it for while now—I’m delighted we’re offering a deal on it. Speaking of which, that deal is for the one-time purchase version of CleanMyMac X for one Mac. (MacPaw also offers a yearly subscription version). It’s $67.99 through our deal, more than $20 off the regular price. Our deal listing also has an option for the 2-Mac  version.