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The Latest Breaking News from Tim Cook

Michael Hiltzik: While workers struggled during the pandemic, CEO pay went up, up, up

If the poet Percy Bysshe Shelley and the lyricists Gus Kahn and Raymond B. Egan could come back from the grave, they might seek out and thank Warner Bros. Discovery CEO David Zaslav for validating their line about how "the rich get rich and the poor get poorer."

Los Angeles Times

The Apple TV+ Move To Land The Pac-12 Was Years In The Planning

Apple TV + and ION TV Could Be The Best Option For The Pac-12

Zenger

Apple's Cook and Amazon’s Jassy are among the most overpaid CEOs, study finds, but a media boss bested them with $232 million in ‘excess’ pay

Warner Bros. Discovery CEO David Zaslav was the most overpaid CEO with the largest "excess pay" component, according to analysis by a shareholder advocacy.

Fortune

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

Apple’s latest patent sparks speculation a foldable iPhone may be in the works

In a bid to recover lost ground, CEO Tim Cook may be planning to launch a competitor to the Samsung Galaxy Z Fold4.

Fortune

The minimalist designer famous for creating Apple's iPhone has drawn King Charles' coronation emblem

Jony Ive called it 'inspired by King Charles’ love of the planet, nature, and his deep concern for the natural world.'

Fortune

China’s COVID chaos is showing up in corporate earnings

Both Apple and Starbucks blamed China's COVID lockdowns and record case surge for disappointing earnings.

Fortune

Apple, Alphabet and Amazon hurt as economic slump crimps demand

Apple Inc, Amazon.com Inc and Alphabet Inc, technology bellwethers with a combined market value approaching $5 trillion, posted results Thursday that show an economic slowdown is throttling demand for electronics, e-commerce, cloud computing and digital advertising — mainstays of the global tech economy.

The Times of India

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Google, Apple Disappoint as Tech Earnings Hit by Gloom

Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned that the coming months would be uncertain in a difficult moment for Big Tech. The tech titans posted earnings as shares in Meta skyrocketed a day after it reported better…

Asharq Al-Awsat

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

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

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Financial Times

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

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

The Independent UK

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 Guardian - 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

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news in one place.

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Evening Standard

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.

Daily Mirror

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

The Guardian - UK

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 Times of India

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.

Fortune

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.

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.

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