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Topic: Tim Cook

Apple CEO Tim Cook is said to increase spending on suppliers in Vietnam during his visit along with helping in developing local infrastructure. (AFP) News 

Tim Cook, Apple CEO, to boost investment in Vietnamese suppliers during upcoming visit – More information provided

Adriana Marais,

During his visit to Hanoi, Apple Inc. CEO Tim Cook will reveal that the company is expanding its investments in Vietnam, although the exact amount has not been disclosed. Apple is increasing its spending on suppliers in Vietnam in addition to supporting a local school clean water initiative, the company said in a statement. Apple has spent nearly 400 trillion dong ($16 billion) in the country since 2019 through its supply chain partners, the company said. No information has been given about increasing the supplier’s expenses. Apple CEO Tim Cook…

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Apple CEO Tim Cook walks at the Apple Fifth Avenue store as customers queue to buy Apple's Vision Pro headset, in Manhattan in New York City, U.S., February 2, 2024. (REUTERS) News 

Lawsuit alleging Apple’s excessive payment to CEO Tim Cook and others dismissed

Adriana Marais,

On Wednesday, a federal judge dismissed a lawsuit that alleged Apple had overpaid its Chief Executive Tim Cook and other top executives by tens of millions of dollars due to an incorrect calculation of the value of performance-based stock awards. U.S. District Judge Jennifer Rochon in Manhattan said the iPhone maker described its pay methodology in detailed compensation tables in its 2023 proxy statement “accurately” under securities laws and U.S. Securities and Exchange Commission rules. Rochon also found no evidence of wrongdoing by Apple’s board in awarding wages and said…

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A federal judge dismissed a lawsuit alleging Apple overpaid CEO Tim Cook and top executives by miscalculating the value of performance-based stock awards. News 

Apple successfully defends against lawsuit claiming CEO Tim Cook was overpaid.

Adriana Marais,

A federal judge on Wednesday dismissed a lawsuit accusing Apple of overpaying CEO Tim Cook and other top executives by tens of millions of dollars by miscalculating the value of performance-based stock awards. U.S. District Judge Jennifer Rochon in Manhattan said the iPhone maker described its pay methodology in detailed compensation tables in its 2023 proxy statement “accurately” in accordance with securities laws and U.S. Securities and Exchange Commission rules. Rochon also found no evidence that Apple’s board acted improperly in awarding the pay, and said the plaintiff, a pension…

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Apple will launch an AI-powered Siri during WWDC 2024, analysts believe. (Unsplash) AI 

CEO Tim Cook reveals Apple’s significant focus and dedication to AI, offering insight into future developments.

Adriana Marais, ,

Apple appears to be following in the footsteps of competitors like Samsung and Google by embracing artificial intelligence (AI). The company has been discreetly acquiring tech startups, totaling 21 since 2017, indicating its intention to make a significant AI push this year. This could involve introducing a range of AI enhancements for its products, including the iPhone, iPad, and Mac. Apple CEO Tim Cook emphasized the company’s investments in AI during the Q1 earnings call, suggesting that exciting developments are on the horizon. Stay informed about what’s to come. Apple’s…

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Apple CEO Tim Cook has finally acknowledged that Apple is indeed working to bring generative AI features to its lineup of devices. Here's what we know so far. AI 

Apple CEO Tim Cook Announces Arrival of Apple’s AI Features Similar to ChatGPT in the Near Future

Adriana Marais,

Apple CEO Tim Cook officially confirmed the continued development of Apple’s generative AI capabilities during today’s quarterly earnings call. Cook said the company’s generative AI-based software capabilities are expected to be available to consumers “later this year.” These remarks by Cook support insights shared by industry experts, including Bloomberg’s Mark Gurman. Recent speculation suggests that iOS 18 is set to be the “biggest” update in the operating system’s history. iOS 18 is expected to be released later this year, in the summer during WWDC. “Looking forward, we will continue to…

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Apple sells a wide range of MacBooks in the market these days but it might have been different if Ive had his way earlier. News 

Former Apple executive Jony Ive expressed a desire to discontinue the MacBook Air lineup: Read the complete story here.

Adriana Marais,

The Apple MacBook Air and Pro lineup could have been combined if the company had decided to follow the advice of chief designer and Apple veteran Jony Ive. MacBook Air is one of Apple’s best-selling products, but I think the company doesn’t need two models and gives them all in one product. Details of Ive’s interest in killing the Air model have been shared by veteran reporter Walt Mossberg in a recent podcast. Anecdotes about Ive’s time at Apple were quoted to a “high-level source” with a good understanding of…

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Tim Cook has been instrumental in shaping Apple's business, but have you ever wondered how big of a paycheck he takes home every year? Read on to find out. News 

Apple CEO Tim Cook’s Salary in 2023: Revealed

Adriana Marais

Have you ever wondered how much Tim Cook Earns as CEO of Apple? Considering his enormous responsibility, it’s a fair question. Cook has been instrumental in shaping the company’s business since the death of Steve Jobs, putting him among a rarefied group of CEOs. Tim Cook took home a whopping $63.2 million (roughly Rs. 523 crore) as compensation for FY 2023. That’s a lot of money, but it’s actually less than what he earned in 2022. Why? Well, that was intentional. Cook requested a 40 percent reduction in his total…

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REUTERS / Reuters News 

Apple is allegedly facing an extensive antitrust lawsuit from the DOJ.

Adriana Marais,

According to The New York Times, the US Department of Justice (DOJ) is nearing the end of its investigation and may potentially bring a comprehensive antitrust case against Apple in the first half of this year. The focus of the investigation is on Apple’s dominance in both hardware and software services, and how its closed ecosystem has purportedly created barriers for competitors and customers looking to switch to alternative products. According to a New York Times report, people with knowledge of the meetings say the investigation has expanded further than…

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Apple has reached new heights with CEO Tim Cook at the helm who was internally appointed as the new chief post Steve Jobs. But what happens next? News 

Tim Cook’s Vision for Apple’s Future: Who Will Lead the Charge?

Adriana Marais

Apple is unlikely to see Tim Cook stepping down as CEO anytime soon, but he admitted that the brand has already set the wheels in motion to get a successor in place in case something happens to him. Cook also talked about his love of working at Apple and how he doesn’t see himself going anywhere other than the trillion-dollar brand believes in working on succession plans, and he claims they have a detailed plan to make it happen. it is supposed to be. Cook spoke on the podcast with…

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Tim Cook has revealed why it makes sense for Apple to launch new iPhones every year, and what it does with old iPhones. News 

Tim Cook Explains Benefits of Annual iPhone Releases

Adarsh V.K,

It’s been more than a month since the iPhone 15 series was launched at Apple’s Wanderlust event, and since then there has been a debate about whether it’s worth upgrading the models in the iPhone 14 series – especially from the iPhone 14 Pro to the iPhone 15 Pro. However, it’s worth noting that this opinion raises a significant portion of user conversation every year when new iPhones are launched – either in reviews or user feedback. The same thing happened when the iPhone 14 Pro launched with Dynamic Island,…

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Apple CEO Tim Cook gets one of the highest approval ratings as tech CEO; X’s Linda Yaccarino among the lowest. (Bloomberg) News 

Tim Cook Ranked as One of the Most Influential Tech CEOs Globally

Adarsh V.K, ,

A recent survey has uncovered surprising findings regarding employee satisfaction with tech CEOs. The results indicate that a staggering 83 percent of employees approve of Tim Cook’s performance as Apple’s CEO. In contrast, Linda Yaccarino, the chief of X, received one of the lowest approval ratings among tech CEOs, with only 4 percent of employees expressing approval. This means that a mere four out of every hundred employees viewed her leadership as impactful or beneficial for the company. The survey was conducted by Blind, a social media platform aimed at…

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Apple CEO has been voicing his opinion about Musk and tells why the company is still present on the X Corp platform. News 

Tim Cook’s Comments on X-Corp CEO Elon Musk Revealed

Adriana Marais,

Apple CEO Tim Cook has said that Elon Musk’s X (formerly Twitter) has “some things he doesn’t like. Cook called the platform’s apparent anti-Semitism problem “disgusting” in an interview with CBS, but added, “Twitter is an important feature; I like the concept that it’s there to have a conversation.” However, when asked if Apple should advertise on X, he said it’s something the company is “constantly” asking itself. Additionally, Apple’s CEO was asked about the Vision Pro’s release date due to reports that the headset is experiencing manufacturing delays, with…

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Apple's mixed-reality headset is one of the riskiest move by Tim Cook. (Bloomberg) News 

Prepare for Tim Cook’s Most Daring Action at Apple

Adriana Marais, ,

Despite not being the original creator of the smartphone, home computer, MP3 player, or tablet, Steve Jobs managed to revolutionize these technologies and make them highly desirable to the public. This accomplishment propelled Apple Inc. to its current status as a colossal company worth $2.7 trillion. One criticism of his successor as CEO, meanwhile, is that he has yet to come up with a bold new idea of his own. Tim Cook, a stalwart supply chain expert, has instead built on these existing successes. Even the Apple Watch, which appeared…

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Apple could be preparing to make the 'Made in India' the iPhone 15 available in India almost simultaneously with its global release, as per ET. News 

Report: Indian Version of iPhone 15 to Launch Simultaneously with Global Release

Adarsh V.K, ,

With the iPhone 15 launch on September 12 less than two weeks away, Apple may be gearing up to make the ‘Made in India’ iPhone 15 available in India almost simultaneously with its global launch, according to sources cited by the Economic Times. According to the report, Apple will use the Foxconn facility in Chennai, Tamil Nadu to bring the iPhone 15 to the Indian market around mid-September – closing the gap to the global launch to just a few days – if not at the same time. Additionally, the…

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Are you following the real Apple CEO Tim Cook Instagram account or a fake one? Know how to spot bogus accounts and stay safe. (REUTERS) News 

5 Tips to Spot Fake Instagram Accounts of Apple CEO Tim Cook

Jim Hendler,

Tim Cook, the well-known CEO of Apple, has always been a prominent figure in the technology industry. Despite this, his online presence has been quite limited, with only a Twitter profile, now referred to as X, being his only virtual presence since 2013. As a result, the recent discovery of an Instagram account allegedly belonging to Cook has caused a stir in the digital world. Many followers, including top Apple executives such as Lisa Jackson and Alan Dye, rushed to the account, thinking they were engaging with the influential tech…

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Lionel Messi's arrival doubles MLS season pass subscribers. (AP) News 

Apple CEO Tim Cook Celebrates Increase in MLS Subscribers Thanks to Lionel Messi

Adriana Marais,

The addition of soccer legend Lionel Messi to the MLS has resulted in a significant increase in subscribers for MLS Season Pass, with the “Messi Magic” proving to be a game-changer. Inter Miami club owner Jorge Mas confirmed this exponential growth in a tweet. It’s been a big win for Apple CEO Tim Cook, who is reaping significant rewards as a strategic sports broadcaster, highlighted by the growing popularity of the MLS Season Pass offering. This increase has been largely facilitated by Lionel Messi’s move to Inter Miami after leaving…

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Musk has publicly criticised the Apple tax which is imposed on in-app purchases, relevant for his Twitter business. News 

Elon Musk To Discuss Apple’s 30 Percent Tax On App Purchases With Tim Cook

Adriana Marais,

Elon Musk announced on Thursday his intention to discuss with Apple CEO Tim Cook the possibility of modifying the 30 percent fee that Apple charges for in-app purchases. Musk took to X to express that individuals from various parts of the globe share remarkable content on the platform, but many of them face challenging situations where even a few hundred dollars per month can significantly impact their lives. “While we had previously said that X keeps nothing for 12 months, then 10 percent, we’re changing the policy to X keeps…

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The owner of X wants to change up how creators are paid. News 

Elon Musk to Request Tim Cook to Reduce App Store Fees for X Subscriptions

Adriana Marais, , ,

Elon Musk intends to request Tim Cook to modify the App Store fees that X pays for subscriptions, aiming to enhance creators’ earnings on the platform formerly known as Twitter. Musk’s comments reflect his ongoing criticism of the “App Store tax” imposed by Apple on in-app purchases. Musk framed the demand as part of a broader effort to help content creators get more from paying subscribers. “While we previously said 👏 would keep nothing for the [first] 12 months, then 10%, we’re changing this policy to say 👏 will keep…

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It's called Ajax, though nobody knows how it'll be implemented. AI 

Apple Developing AI Chatbot to Compete with ChatGPT

Adriana Marais, , ,

After maintaining an unusual silence during the ongoing “AI wars,” Apple has finally made a move by developing its own chatbot, according to Bloomberg’s initial report. The toolset, playfully referred to as “AppleGPT” by engineers, is officially named Ajax and has been constructed using Google’s JAX framework. Insider sources reveal that Apple has assigned several teams to work on this project, with one specifically focused on addressing any potential privacy issues. What is Apple really doing with the bot? That’s still unclear, as the company doesn’t seem to have any…

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A U.S. judge has rejected Apple's bid to throw out a classaction lawsuit that accused Chief Executive Tim Cook of defrauding shareholders by concealing falling demand for iPhones in China. News 

Judge Denies Apple’s Request To End Lawsuit Regarding Tim Cook’s China Sales Remark

Adriana Marais,

Apple’s attempt to dismiss a class-action lawsuit alleging that CEO Tim Cook deceived shareholders by hiding declining iPhone demand in China has been denied by a U.S. judge. U.S. District Judge Yvonne Gonzalez Rogers’ ruling late Monday night opens the way for shareholders led by a British pension fund to sue over the one-day crash that wiped $74 billion off Apple’s market value. The lawsuit stemmed from Cook’s comment on a November 1, 2018 analyst call that Apple was facing sales pressure in markets like Brazil, India, Russia and Turkey…

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