Tim Cook

After failing to appear before British lawmakers, Apple has been accused of not taking its environmental obligations seriously enough, particularly on e-waste, reports Bloomberg. Apple CEO Tim Cook was asked to appear before the Environmental Audit Select Committee of the House of Commons, but failed to respond before a September 4 deadline. Apple was previously asked to put forward a...

In a new report, Bloomberg's Mark Gurman has laid out Apple's current succession planning for the company's senior leadership roles. The report explains that Apple is increasingly devoting attention to developing a "new generation of leaders" who will eventually take over senior roles in the company. Amid increasing awareness that CEO Tim Cook and his management group of senior vice...

Apple CEO Tim Cook was recently awarded 560,000 shares of Apple stock for serving as Apple's CEO and for Apple's strong performance under his leadership. After receiving the award, Cook sold more than 265,000 of those shares at prices ranging from $493.50 to $500.11, netting him somewhere around $131.7 million, according to a filing published today by the SEC. The remaining 294,840 shares...

Apple CEO Tim Cook last week donated more than $5 million in Apple stock to an unnamed charity, according to an SEC filing shared today. Cook donated a total of 10,715 shares worth $5.4 million at Apple's current closing price of $503.43. The SEC filing does not include details on where Cook donated his money. Every year in August, Cook donates right around $5 million worth of stock to...

Nine years ago today, on August 24, 2011, Steve Jobs stepped down as Apple CEO for the final time. Jobs was immediately named Apple's chairman, with then-COO Tim Cook taking over leadership of the company. Jobs sadly passed away just six weeks later, on October 5, one day after Apple introduced the iPhone 4s with Siri. He was 56. His death resulted in an outpouring of condolences from...

Apple is planning to make a donation to help wildfire relief efforts in California, Apple CEO Tim Cook announced this afternoon. Image Credit: Marcio Jose Sanchez/Associated Press. Creek Fire near Fresno, California Fire season in California kicked off earlier this week when a lightning storm ignited fires across the state. Over the last 72 hours, California has experienced close to 11,000...

Apple CEO Tim Cook's net worth has climbed to over $1 billion, according to calculations by Bloomberg's Billionaires Index. At a net worth of $1 billion, Cook doesn't rank on the chart of the world's 500 richest people, a list topped by Amazon CEO Jeff Bezos and former Microsoft CEO Bill Gates. According to Bloomberg, Cook's net worth was calculated using regulatory filings and market...

In a tweet, Apple CEO Tim Cook today indicated that Apple will be donating to relief organizations that are helping with immediate needs and long-term support in Beirut, following a deadly explosion in the city earlier this week. Image Credit: QRCS via Twitter A reported 2,750 metric tons of ammonium nitrate exploded in Lebanon's capital on the evening of August 4, killing hundreds and...

Apple CEO Tim Cook was, as expected, questioned about Apple's App Store policies during today's antitrust hearing with the U.S. House Judiciary Antitrust Subcommittee. Cook primarily stuck to the talking points provided in his opening statement [PDF], but he did have some extra color to add. Cook was specifically questioned about email app "Hey" from Basecamp, which was at the center of a...

Apple in early 2019 removed or restricted many popular screen time and parental control apps on the App Store due to their use of Mobile Device Management, or MDM, which the company said put user security and privacy at risk. During today's antitrust hearing with the U.S. House Judiciary Antitrust Subcommittee, Cook was questioned about Apple's decision to remove the parental control apps,...

Apple CEO Tim Cook is today testifying in an antitrust hearing with the U.S. House Judiciary Antitrust Subcommittee, where he was questioned about Apple's App Store policies. Cook was hit with complaints from developers that the committee has spoken to. Apple was accused of making its ‌App Store‌ rules unavailable to developers, arbitrarily enforcing those rules, changing them at will,...

As Apple CEO Tim Cook prepares to speak in front of the U.S. House Judiciary Antitrust Subcommittee tomorrow, his opening statement has been made available. [PDF] Cook will say that Apple does "not have a dominant market share" in any market where it does business, and that consumers have many other choices when it comes to smartphones. "As much as we believe the iPhone provides the best...

Apple chief Tim Cook and other big tech CEOs will participate in a rescheduled antitrust hearing on Wednesday. The hearing to be held by the U.S. House Judiciary Antitrust Subcommittee was supposed to happen on Monday, but it was postponed to avoid a conflict with a memorial service for the late representative John Lewis. Cook is expected to join Amazon CEO Jeff Bezos, Alphabet/Google...

An antitrust hearing held by the U.S. House Judiciary Antitrust Subcommittee where Apple chief Tim Cook was set to join other big tech CEOs is likely to be postponed, according to a report on Thursday. The hearing involving Cook, Amazon CEO Jeff Bezos, Alphabet/Google CEO Sundar Pichai, and Facebook CEO Mark Zuckerberg was supposed to happen next Monday, but two sources told CNBC that it was ...

Apple CEO Tim Cook is set to join Amazon CEO Jeff Bezos, Alphabet/Google CEO Sundar Pichai, and Facebook CEO Mark Zuckerberg in an antitrust hearing held by the House Judiciary Antitrust Subcommittee next Monday, but a new report by The Information takes a look at Cook's reluctance to participate in the hearing and how he and Apple have tried to navigate a polarized political environment....

Apple this weekend has honored the life of late politician and civil rights leader John Lewis with a full-page tribute on its website. A photo of Lewis is accompanied by a quote of his: "Never, ever be afraid to make some noise and get in good trouble, necessary trouble." Apple CEO Tim Cook yesterday commemorated Lewis in a follow-up tweet. We have lost an American hero. John Lewis guided ...

The White House's American Workforce Policy Advisory Board, the Ad Council, Apple, and others have partnered on a new "Find Something New" website that highlights the various paths towards a career beyond a four-year college degree, including apprenticeships, certification courses, online learning, an associate's degree, trades training, and more. "Now more than ever, we need to ensure that...

Apple CEO Tim Cook was the second highest paid CEO in the United States in 2019, according to Bloomberg's list of the highest paid CEOs and executives in 2019. Cook received compensation totaling $133,727,869 by Bloomberg's count. Almost all of Cook's compensation was provided in the form of stock awards and related performance bonuses. As reported by the SEC earlier this year, Cook received ...

Apple CEO Tim Cook will participate in an antitrust hearing held by the House Judiciary Antitrust Subcommittee on Monday, July 27 at 12:00 p.m. Eastern Time, the Judiciary Committee announced today. The hearing is part of an ongoing U.S. antitrust investigation that involves competition in digital markets. The hearing, labeled "Online Platforms and Market Power, Part 6: Examining the...

Apple CEO Tim Cook plans to testify in an upcoming antitrust hearing with the U.S. House judiciary antitrust subcommittee, chairman David Cicilline said today in an interview with Kara Swisher. According to Cicilline, Apple CEO ‌Tim Cook‌, Facebook CEO Mark Zuckerberg, Alphabet (Google) CEO Sundar Pichai, and Amazon CEO Jeff Bezos will all appear at the antitrust hearing set to take place in ...