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“Apple shareholders approve Tim Cook’s $100M payday” Apple shareholders voted Friday to approve a nearly $100 million compensation package for CEO Tim Cook — signaling their support despite an advisory firm’s stance that the awards were a tad excessive. Cook’s lucrative pay package for Apple’s 2021 fiscal year calls for $98.73 million in total compensation…
“#Apple investors urged to vote down Tim Cook’s $100M payday” Tim Cook’s nearly $100 million payday as CEO of Apple is just too much, a company that advises shareholders said Wednesday. It advised Apple shareholders to vote against Cook’s big-time payday, flagging “significant concern” about his $82 million in stock awards for 2021, according to…
“# Apple stock jumps after CEO reveals it’s investing in the Metaverse ” Apple’s stock price jumped in after hours trading after CEO Tim Cook said during the company’s Q1 2022 earnings call that he sees considerable potential in the Metaverse space. When asked on Jan. 27 during the call about Apple’s opportunities within the…
“#Apple reports record $124B in quarterly revenue” Apple said it reaped a record $124 billion in revenue in its fiscal first quarter — an 11% increase from last year which was fueled by strong holiday sales, particularly of its Mac computers. The iPhone maker says it turned a profit of $34.6 billion in the months…
“#Apple’s Tim Cook, Alphabet’s Sundar Pichai lobbied against Big Tech bill” Apple CEO Tim Cook and Alphabet CEO Sundar Pichai both personally lobbied members of the Senate Judiciary Committee to vote against legislation that would begin to rein in the monopolistic practices of Big Tech, according to reports. Their efforts looked to have failed after…
“#Apple iPhone factory workers allegedly fed rotten food, paid under $5 a day” Indian women assembling Apple iPhones had to survive off worm-infested food while living in rat-filled dorms without running water — all for less than $5 a day, according to a new investigation. News of the sickening conditions at a factory with 17,000…
“#Apple offers employees up to $180K bonus to stop defections to Facebook parent Meta: report” Apple is paying out surprise bonuses of up to $180,000 to software engineers in a bid to stop employees from defecting to other big tech companies including Facebook parent Meta, according to a new report. Select engineers across the company…
“#Demand for iPhone 13 lineup plummets ahead of holidays: report” Apple has told suppliers that demand for its new iPhone 13 lineup has fallen ahead of the holiday season — and things may not get much better in the new year, according to a report. The apparent lack of demand comes after Apple reportedly slashed…
“# Tim Cook says he bought crypto, but rejects Apple adding it to its portfolio… for now ” Apple chief executive officer Tim Cook said he owns some crypto as “part of a diversified portfolio,” but is not planning for the tech company to follow Tesla’s example by investing in Bitcoin or other tokens. Speaking…
“#Apple building 550,000 square-foot Los Angeles campus” Hooray for Hollywood! Apple is building a massive new campus in Los Angeles — a move that signals the tech giant’s growing Tinseltown ambitions. The iPhone maker — behind hits like “Ted Lasso,” starring Jason Sudeikis and “The Morning Show” with Jennifer Anniston and Reese Witherspoon — is…