{"id":40920,"date":"2026-04-04T12:39:40","date_gmt":"2026-04-04T12:39:40","guid":{"rendered":"https:\/\/foreignnewstoday.com\/?p=40920"},"modified":"2026-04-04T12:39:40","modified_gmt":"2026-04-04T12:39:40","slug":"gavin-newsom-hails-apples-50-years-of-innovation-as-tesla-chevron-mckesson-leave-california","status":"publish","type":"post","link":"https:\/\/foreignnewstoday.com\/?p=40920","title":{"rendered":"Gavin Newsom Hails Apple&#8217;s &#8217;50 Years Of Innovation&#8217; As Tesla, Chevron, McKesson Leave California"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->On Wednesday, Gov. <strong>Gavin Newsom<\/strong> (D-Calif.) praised <strong>Apple Inc.<\/strong> <a href=\"https:\/\/www.benzinga.com\/markets\/tech\/26\/04\/51592959\/apple-turns-50-from-garage-startup-to-3-73-trillion-giant-heres-how-much-a-1000-investment-at-its-ipo-would-be-worth-today?nid=51649688&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"sponsored\" data-i13n=\"elm:affiliate_link;elmt:premonetized\" target=\"_blank\" data-ylk=\"slk:on its 50th anniversary;elm:affiliate_link;elmt:premonetized;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yAffiliateService&quot;:&quot;premonetized&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;on its 50th anniversary&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link \">on its 50th anniversary<\/a>, highlighting the company&#8217;s innovation and resilience as other major corporations continue to leave the state.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->On April 1, 2026, Apple celebrated 50 years since<strong> Steve Jobs<\/strong> and <strong>Steve Wozniak <\/strong>launched the company from a California garage in 1976.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->&#8220;For 50 years, @Apple has embodied and exemplified the best of California: \u2018thinking different,&#8217; boldly innovating, and empowering people to not only dream, but do,&#8221; Newsom said on <strong>X<\/strong>.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><strong>Don&#8217;t Miss:<\/strong><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->He added, &#8220;Thanks to innovators like Apple, California is proud to be the global leader in technology and creativity.&#8221;<!-- HTML_TAG_END --><\/p>\n<blockquote class=\"neo-blockquote yf-1kwbn3\">\n<p class=\"yf-1kwbn3\"><!-- HTML_TAG_START -->For 50 years, <a href=\"https:\/\/twitter.com\/Apple?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:@Apple;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;@Apple&quot;}\" class=\"link \">@Apple<\/a> has embodied and exemplified the best of California: \u2018thinking different,&#8217; boldly innovating, and empowering people to not only dream, but do.<\/p>\n<p>Thanks to innovators like Apple, California is proud to be the global leader in technology and creativity. <a href=\"https:\/\/t.co\/6Im8623aiq\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:https:\/\/t.co\/6Im8623aiq;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;https&quot;}\" class=\"link \">https:\/\/t.co\/6Im8623aiq<\/a><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1kwbn3\"><!-- HTML_TAG_START -->\u2014 Governor Gavin Newsom (@CAgovernor) <a href=\"https:\/\/twitter.com\/CAgovernor\/status\/2039469403289665693?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:April 1, 2026;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;April 1, 2026&quot;}\" class=\"link \">April 1, 2026<\/a><!-- HTML_TAG_END --><\/p>\n<\/blockquote>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->While Apple remains, numerous high-profile companies have relocated over the years due to high operating costs, strict regulations and business limitations.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><strong>Tesla Inc.<\/strong> moved to Austin in 2021, with CEO <strong>Elon Musk <\/strong>citing scaling challenges and disputes over pandemic restrictions.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><strong>Chevron Corp.<\/strong>, with roots in California since the 1870s, relocated to Houston in 2024, pointing to policies that raise costs and create hardship for Californians.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><strong>McKesson<\/strong> left for Texas in 2019 to improve efficiency and collaboration.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><strong><em>Trending:\u00a0<a href=\"https:\/\/www.benzinga.com\/money\/global-air-cylinder?nid=51649688&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"sponsored\" data-i13n=\"elm:affiliate_link;elmt:premonetized\" target=\"_blank\" data-ylk=\"slk:This Startup Thinks It Can Reinvent the Wheel \u2014 Literally;elm:affiliate_link;elmt:premonetized;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yAffiliateService&quot;:&quot;premonetized&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;This Startup Thinks It Can Reinvent the Wheel \u2014 Literally&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link \">This Startup Thinks It Can Reinvent the Wheel \u2014 Literally<\/a><\/em><\/strong><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Other notable departures include <strong>Oracle Corp<\/strong>, <strong>Palantir Technologies<\/strong>, <strong>Charles Schwab<\/strong>,<strong> SpaceX<\/strong> and <strong>Playboy<\/strong>, many seeking more business-friendly environments in Texas, Florida, Tennessee, and beyond.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->The departures highlight a growing tension between the state&#8217;s innovation legacy and its business climate.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Several high-profile tech figures are scaling back their connections to California. <strong>Alphabet Inc.&#8217;s<\/strong> co-founder <strong>Sergey Brin<\/strong> also reportedly following in the footsteps of <strong>Larry Page<\/strong> and other billionaires.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Meanwhile, <strong>David Sacks<\/strong>, who served as the White House AI and crypto czar under President <strong>Donald Trump<\/strong> and Palantir co-founder <strong>Peter Thiel<\/strong> have also established new offices outside the state.<!-- HTML_TAG_END --><\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/sectors\/technology\/articles\/gavin-newsom-hails-apples-50-123123702.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Wednesday, Gov. Gavin Newsom (D-Calif.) praised Apple Inc. on its 50th anniversary, highlighting the company&#8217;s innovation and resilience as other major corporations continue to leave&hellip;<\/p>\n","protected":false},"author":1,"featured_media":40921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-40920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-finance"],"_links":{"self":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/40920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40920"}],"version-history":[{"count":0,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/40920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/media\/40921"}],"wp:attachment":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}