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The Latest Breaking News from Tim Cook

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

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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 Tim Cook takes rare CEO pay cut after pushback

SAN FRACISCO: Apple Inc is cutting chief executive officer Tim Cook’s compensation by more than 40% to $49 million in 2023, citing investor guidance and a request from Cook himself to adjust his pay.

The Times of India

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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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.

Inverse

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.

Fortune

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.

Zenger

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.

Fortune

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.

Al Jazeera

'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.

Fortune

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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.

The Times of India

Elon Musk says Apple is ‘fully’ advertising on Twitter again

Elon Musk said Apple Inc. has “fully resumed” advertising on Twitter Inc., further de-escalating a brewing war between two of the world’s most influential tech companies.

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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.

Axios

Musk reignites debate over Apple's power

Twitter owner's complaints about the App Store echo those by other business leaders and some lawmakers.

The Independent UK

Elon Musk ‘resolves misunderstanding’ with Apple

The Twitter boss had claimed the iPhone maker was threatening to remove the social media site from its App Store.

The Guardian - UK

Elon Musk ‘resolves’ Apple row over ‘removal of Twitter from iPhone store’

After chat with Tim Cook the tycoon admits misunderstanding and Apple had ‘never considered removing platform’

Axios

Musk tries to dial down tensions with Apple over Twitter

"We resolved the misunderstanding about Twitter potentially being removed from the App Store," he said today.

Fortune

Elon Musk says he met with Apple CEO Tim Cook and 'resolved the misunderstanding' after several tweets attacking the company

Days after calling out Cook for pulling Apple's Twitter ads, Musk seemingly mended fences with a visit to Apple HQ.

Bangkok Post

Elon Musk's Apple Attack Sets Stage for Public Spat

Elon Musk's onslaught Monday against Apple Inc. and a cornerstone of the iPhone business empire has set the stage for a potentially bruising battle between the world's richest man and the world's most valuable company.

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