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The Latest Breaking News from Tim Cook

Tech giants Apple, Amazon and Alphabet post disappointing results

Facebook parent company Meta bucks trend with better earnings than expected, as Apple sees first profit miss in seven years

The Guardian - US

Apple embraces potential of sports streaming with MLS deal

Apple has kicked off a 10-year partnership with Major League Soccer with the launch of Season Pass on Apple TV+

The Independent UK

The Democrats are in power and CEOs are taking pay cuts. There may be a connection

The rash of CEO pay reductions may reflect a post-pandemic correction of sorts. But a new study also suggests that political sentiment is an invisible force in executive pay decisions.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Google CEO Sundar Pichai says he will take less pay this year following in the steps of JPMorgan's Jamie Dimon and Apple's Tim Cook

In a company-wide meeting on Monday, Pichai announced that senior executives would take a "very significant" pay cut, according to reports.

Fortune

Apple, Disney, Salesforce: Why are the world’s best companies failing to innovate on the future of work?

Disney and Apple have adopted a traditionalist perspective on how to innovate, which ironically hinders innovation, writes Gleb Tsipursky.

Fortune

Jamie Dimon is going to make a lot less than he did last year as he joins Apple's Tim Cook as the latest big CEO to lose out on a bigger payday

JPMorgan Chase's board said Dimon will receive no "special awards" in the future, unlike last year, which added $50 million to his pay.

Fortune

What it would take for Apple to disentangle itself from China

The tech giant increasingly finds itself beholden to America’s biggest geopolitical rival. But is diversification even possible?

Financial Times

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How Apple tied its fortunes to China

The company spent two decades and billions of dollars building a supply chain of unprecedented sophistication. Now, a reckoning is coming

Financial Times

Apple CEO Tim Cook to take more than 40% pay cut

Apple CEO Tim Cook will take a more than 40% pay cut this year from a year earlier as the company adjusts how it calculates his compensation

The Independent UK

UK may avoid 2022 recession after growing 0.1% in November – as it happened

UK economy beat forecasts with 0.1% growth in November, as food and drink businesses benefited from the FIFA World Cup

The Guardian - UK

Apple CEO Tim Cook to take a 40% pay cut this year

Cook’s compensation will drop to £45.1 million from £68 million last year.

Evening Standard

Apple boss Tim Cook to have pay slashed by over 40% this year after backlash

The Apple CEO, Tim Cook requested the 40% pay cut himself after fewer than two-thirds of Apple shareholders supported his pay package for the last few years

Daily Mirror

Apple’s Tim Cook to take 50% pay hit after shareholder feedback

‘Compensation’ for CEO down from $99.4m in 2022 to an expected $49m for current year

The Guardian - UK

Apple’s mixed-reality headset is coming. Here’s why initial sales might disappoint

Headset hesitancy and a hefty price tag will make it difficult for Apple to move units this year, though there’s still a long-term case for success.

Fortune

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Inverse

Here are the 5 biggest innovations to expect in 2023

Inverse predicts the biggest innovations of 2023, including wins in renewable energy, electric vehicles, and biotechnology.

Fortune

How top CEOs from Elon Musk to Tim Cook tackled the big return-to-office in 2022

Lizzo concerts and subsidized butlers have been among the perks offered in the push for a return to in-person working this year.

Fortune

Biden's efforts to starve China of chips are rewriting the rules of global trade–and even U.S. allies are balking at the upheaval

The U.S. is asking allies to pick sides in its chip battle with China—and some are hesitant to choose.

Zenger

Apple Chips Now Made In America

Apple will soon start to use processors made in America following the opening of an advanced new chip factory in Arizona.

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Fortune

A top Chinese AirPod maker is following Apple as it shifts its supply chain away from the mainland

As Apple diversifies its supply chain away from mainland China, its Chinese suppliers are moving too, establishing factories in new hubs.

Al Jazeera

Apple looks beyond ‘iPhone factory’ China as dalliance sours

Tech giant is seeking to redirect supply chains to India and Vietnam amid fears of overdependence on China.

Fortune

'Tesla has no working CEO': As stock drops 61% from its peak, a major Tesla shareholder calls for Elon Musk's ouster

Tesla investors are starting to wonder if CEO Elon Musk is still the right man to lead the company after he acquired Twitter.

Evening Standard

Twitter may charge iPhone users more for Twitter Blue verification

The potential higher cost for iPhone users relates to the fee Apple takes from app developers in return for being on the App Store

Fortune

Apple's Tim Cook celebrates a 'new era of advanced manufacturing' and says the company will use American-made chips for the first time in a decade

The Apple CEO announced that chips powering Apple devices would be manufactured at a chip-making factory in Phoenix

Fortune

These 10 employers are still hiring tech and finance talent like crazy

In November, the finance and insurance sector had a high volume of tech job postings, a CompTIA analysis finds.

Tribune News Service

Biden’s state dinner for Macron includes notable VIP guests

WASHINGTON — Apple Chief Executive Officer Tim Cook, Bank of America CEO Brian Moynihan, KKR and Co. co-founder Henry Kravis and film producer Jeffrey Katzenberg were among the guests Thursday at President Joe Biden’s first state dinner honoring French President Emmanuel Macron.

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People

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