Tim Cook

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Tim Cook's Security Costs Apple $700K a Year

It's a 'reasonable and necessary expense'

(Newser) - The website Patently Apple spotted an eye-popping stat in an otherwise humdrum form Apple filed with the SEC: The company spends $699,133 annually on CEO Tim Cook's security. "His personal safety and security are of the utmost importance to the Company and its shareholders," Apple explains...

Apple's Design Guru Gets a Promotion

Jony Ive will oversee design of new campus, retail stores

(Newser) - The man Steve Jobs once called his "spiritual partner" at Apple is moving up the company ladder again. Jony Ive, the longtime senior VP of design, has been promoted to chief design officer, a position that will have Ive overseeing not only Apple's hardware and software units, but...

Tim Cook Slams 'Dangerous' Indiana Law

Apple will stand up against discrimination, he says

(Newser) - Laws like the recently passed Indiana one allowing businesses to refuse gay customers on the grounds of religious freedom are bad for business and bad for America, Tim Cook warns. In a Washington Post op-ed, the Apple CEO says a "very dangerous" wave of legislation in more than two...

Tim Cook Reveals What He'll Do With His Fortune

Apple's CEO will carve out some for his nephew, give rest away

(Newser) - Before Tim Cook kicks the bucket—and after he sets aside enough money for his 10-year-old nephew's education—he plans to leave all of his wealth to charity. In an interview with Fortune , the CEO of Apple, which could soon become the world's first company worth $1 trillion...

Tim Cook Offered Steve Jobs Part of His Liver

But Jobs staunchly refused: new book

(Newser) - As Steve Jobs got sicker, in need of a liver transplant, the man who would replace him at Apple—Tim Cook—offered up part of his own liver. The story comes via Fast Company 's excerpt of Becoming Steve Jobs , a biography by Brent Schlender and Fast Company Executive...

Here's the Scoop on Apple Watch

Watches start shipping April 24

(Newser) - Today's highly anticipated Apple event started with news of a partnership with HBO and updates on the iPhone and Mac computers ("Can you even see it? I can't even feel it!" Tim Cook exclaimed while holding Apple's latest Macbook laptop, which weighs just two pounds)....

At Apple Event, Some News From HBO

HBO partnering with Apple for 'HBO Now'

(Newser) - Today's Apple event started off with a bang—but not with an Apple Watch-related bang . First up (after Apple CEO Tim Cook, of course) was HBO CEO Richard Plepler, who announced that HBO is finally launching a stand-alone streaming service with Apple as its "exclusive partner-at-large." The...

Your Apple Watch Questions Will Be Answered Today

Set your watch for 1pm ET

(Newser) - The past week's Apple Watch buzz fell largely into the "it'll flop" and "we're disinterested" categories. Apple will do its best to reverse the sentiment with a 1pm ET press event today, which you can live-stream here (note: Safari 5.1.10 is apparently required)....

Cook Pitches Apple Watch: 'Sitting Is the New Cancer'

CEO extols health benefits of smartwatch, says people won't want to live without it

(Newser) - If you could use a helper to occasionally tap you on the shoulder and remind you to get up out of your seat, Tim Cook knows just the gadget: the soon-to-arrive Apple Watch , which he talked up yesterday at the Goldman Sachs Technology and Internet Conference in San Francisco. "...

Russia Yanks iPhone Statue Over Cook's 'Call to Sodomy'

St. Petersburg not impressed with CEO's decision to come out

(Newser) - If you were still waiting for over-the-top reaction to Tim Cook's announcement last week that he is gay , we present you with Russia: Apparently outraged by the sexual orientation of the CEO of a California-based technology company, a construction company has taken down a six-foot statue of an iPhone...

Apple CEO Tim Cook: I'm Proud to Be Gay

Colleagues have known, but he announces it publicly for first time

(Newser) - Many of Tim Cook's colleagues already knew he was gay, but the Apple CEO decided to tell the world at large when he realized that "my desire for personal privacy has been holding me back from doing something more important," he writes in a column in Bloomberg ...

Tim Cook: Apple Pay Is 'Already No. 1'

CVS, Rite Aid rejection just a 'skirmish'

(Newser) - CVS and Rite Aid may have dropped Apple Pay , but the tech giant's boss isn't sweating it. "It’s a skirmish," Tim Cook told a tech conference yesterday. Meanwhile, he says, things are going well for the system, Fortune reports. "In the first 72 hours,...

Apple: iPhone 6, 6 Plus Sales Break Record

Company claims 10 million units sold over 3 days

(Newser) - Apple says it sold more than 10 million iPhone 6 and 6 Plus models, a record for a new model, in the three days after the phones went on sale. A year ago, Apple Inc. said it had sold 9 million of the then-new iPhone 5C and 5S models. The...

U2 Gives Away Surprise New Album

'Songs of Innocence' available for download on iTunes

(Newser) - Bigger iPhones and a high-tech watch were ostensibly the stars of yesterday's much-hyped Apple event, but a few other luminaries showed up to grace the stage in Cupertino, Calif. U2 made a surprise appearance and unexpectedly announced that a) it has a new album out, and b) all 500...

Apple Unveils Its First Watch

Tim Cook also announces bigger iPhones

(Newser) - Apple unveiled its latest gadgets today, and a long-rumored Apple Watch is indeed among them. (It's not an "iWatch," though, just Apple Watch.) The device will start at $349 and be available early next year. (That's about $100 higher than the competition, notes the Wall ...

Longtime Arch-Rivals Apple, IBM Join Forces

Landmark deal will create 100 IOS business apps

(Newser) - Former arch-rivals Apple and IBM have gone in different directions since they were fiercely competing for customers in the 1980s and they're now planning to share their strengths. The two tech giants have announced a partnership to work together on more than 100 business apps designed for Apple's...

Apple Unveils New Operating Systems

HealthKit, HomeKit, and Family Sharing among the changes

(Newser) - Apple fans, dig in: Company CEO Tim Cook today unveiled the new iOS 8 and OS X operating systems at Apple's annual Worldwide Developers Conference in San Francisco. The software won't be out until fall, but behold a few highlights, beginning with iOS 8:
  • A HealthKit app is
...

Is Apple Trying to Buy Tesla?
 Is Apple Trying 
 to Buy Tesla? 
Feb 17, 2014 12:55 PM CST

Is Apple Trying to Buy Tesla?

'Chronicle' thinks Apple wants to buy, but others aren't so sure

(Newser) - Apple might just be shopping for a certain electric car company, suggests the San Francisco Chronicle . It reports that Tesla's Elon Musk held a secret meeting last year with the Apple executive in charge of mergers and acquisitions and "probably" CEO Tim Cook. Industry analysts have been floating...

Apple Sitting on Extraordinary Pile of Cash

As in, it holds 10% of all corporate cash out there

(Newser) - Apple CEO Tim Cook had dinner with billionaire investor Carl Icahn last night, and Icahn gave him an earful: He says he "pushed hard" for a $150 billion buyback for shareholders, reports Bloomberg . And as a new Moody's analysis shows, the company is sitting on an enormous cash...

Icahn Drives Apple Stock 5% With a Single Tweet

Now Carl Icahn is pushing for a $150 billion buyback

(Newser) - "We currently have a large position in APPLE," activist investor Carl Icahn tweeted yesterday. "We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come." That was enough to send Apple stocks soaring up 5%, closing yesterday at $489.57. But...

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