Tech Companies Raise $40 Million To Offset Taxpayer Costs Of Super Bowl 50

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Apple and other tech companies, including Google, Intel, and Yahoo, have each given $2 million in cash to help offset taxpayer costs of hosting Super Bowl 50.

Various tech companies in San Francisco came together to raise a total of $40 million. The fundraiser was organized by the San Francisco Bay Area Commitee. As a reward for their generous donations, each company will be receiving their own private suite at the Superbowl in 2016.

The event will take place at the newly constructed Levi’s Stadium, which will also become the new home of the San Francisco 49ers starting this year. 

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The committee has also unveiled a new logo, which can be seen in the image above. 

The update comes slightly more than a year after NFL owners voted to award the Bay Area with the 50th Super Bowl, which is now 20 months away. And it comes a day after the NFL stirred up the football world by revealing that it would be ditching its traditional Roman numeral format for the Bay Area game only, deciding to call it Super Bowl 50 instead of Super Bowl L.

It is still unknown how Apple will use this publicity, but we can bet that the company will probably create an Super Bowl ad to showcase its newest products and services. 

[via San Jose Mercury News]

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