Sprint CEO Dan Hesse has handed back $3.25 million of his own salary in a bid to appease shareholders who have been upset by the carrier’s iPhone deal with Apple. Shareholders spoke out against the arrangement when it was discovered that Sprint did not consider the financial effect of carrying the iPhone when it calculated employee bonuses.
Having already treated himself to the hugely popular photo-sharing service Instagram earlier this month, there’s talk that Mark Zuckerberg could now be eyeing up a potential takeover of Viddy, a service that is often described as “Instagram for videos.” It would be the perfect companion to Facebook’s latest purchase.
Brazil’s Jundiai city council has paid tribute to Apple’s late co-founder and former CEO by naming one of its streets Steve Jobs Avenue. The council actually announced that it would commemorate Steve with a street a day after his passing last year, but city officials only confirmed the name this week.
Apple CEO Tim Cook has been spending some time in China this week, meeting with officials and even posing with fans at the company Xidan Joy City retail store. He also paid a visit to Foxconn’s new plant in Zhengzhou, where the company employs around 120,000 employs, some of whom are assembling Apple’s iPhone.
Apple’s decision to hire John Browett as its Senior Vice President of Retail has come under fire from a small but vocal minority of Apple fans who believe he may not be the right man for the job. Brits in particular, who are familiar with the Dixons stores in the U.K. that Browett used to control, are concerned he is not a suitable replacement for Ron Johnson.
But Apple CEO Tim Cook has no doubts about the company’s decision, and has labeled Browett the best man for the role “by far.”
Following a lengthy New York Times report published earlier this week, detailing the harsh reality behind the mistreatment of Chinese factory workers, Apple CEO Tim Cook has responded to his staff with an email that brands the report “patently false and offensive.”
Cook revealed he is “outraged” by the report, and reassured his team that “we’ve made a great deal of progress and improved conditions for hundreds of thousands of workers.”
Despite being labeled the first real competitor to the iPad, it seems Amazon’s 7-inch Kindle Fire tablet still has a long way to go before it can lure tablet users away from Apple’s device. Although it seemed to be incredibly popular when it launched last year, largely thanks to that attractive $199 price tag, Apple CEO Tim Cook says the Kindle Fire, and other “limited function tablets,” had no impact on iPad sales whatsoever.
Apple CEO Tim Cook has barely had time to make his mark on the tech giant when an ambitious senior vice president is being portrayed as a ‘CEO-in-waiting.’ In a soon-to-be published look inside Apple, Scott Forstall is described as a potential problem for Cook, who only months ago took over for co-founder Steve Jobs.
I’d have put my house and children on Apple suing the Chinese toy manufacturer which produces the incredibly realistic Steve Jobs action figure we reported on earlier this week. And just as expected, it’s threatening to do just that.
In Icon has reportedly received a letter from Apple’s legal team which states it must stop producing and selling the 12-inch $99 figure — which sports Steve’s iconic black turtleneck, blue jeans and white sneakers — immediately, or face legal action. Unfortunately for In Icon, it has no intention of quitting.
While Siri will happily find you the ideal location to bury a dead body or pick up an escort, ask her where you can get an abortion and she’s not so happy to comply. In fact, she’ll do the exact opposite and look for anti-abortion pregnancy “crisis” centers.
This makes her an “anti-choice extremist,” according to one petition, which is calling for Apple to make changes to its new intelligent assistant.
Since the unveiling of its iPhone 4S back in October, Apple has received heaps of praise for one of its new features in particular: Siri. The digital assistant is by far the most impressive voice recognition service built into a mobile device, and it seems everyone has been blown away by it.
What many of you may not know, however, is that Siri is one of the few Apple products that wasn’t created by the team in Cupertino. Instead, Siri was created by Dag Kittlaus, a 34-year-old man from Norway, and it has made him a multimillionaire.
Apple’s Senior Vice President of Retail Operations, Ron Johnson, has officially left the Cupertino company to become CEO of JC Penney. His biography was removed from Apple’s website today and a successor is yet to be announced.
Before he stepped down from the position of CEO last week, we can only imagine how busy Steve Jobs was while in charge of the greatest company in the world. But now he’s not so busy, what will he do with all this free time?
Call Tim Cook a lot, it seems.
If you’re a regular visitor to Cult of Mac, you’ll already have some appreciation of how terrific Steve Jobs is. But do his employees share the same opinion of him as us fans? Well, according to the employment reviews and rating site Glassdoor, 97% of them approved of him as CEO — making Steve one of the most successful CEOs among those rated on the site.
It’s no secret that Steve Jobs has been the heart and soul of Apple for many years. He brought us many of Apple’s most successful products, including the iPod, iPhone and iPad.
In light of Jobs’ ongoing medical leave of absence, Apple’s executive board is informally considering replacing Steve Jobs with a new CEO for the company.
The first authorised biography of Apple CEO Steve Jobs has been given a new title after its author, Walter Isaacson, persuaded publishers to go with something a little more “elegant.”
Google’s new Chromebook? We called it the MacBook Welfare, but Forrester CEO George Colony has another term for it: “corporate idiocy.” Why? Because with iOS, Apple saw the future of computing, and that future’s not the web… it’s the app.
It’s been commonly rumored that Verizon was the first carrier Apple approach with the iPhone, only to be rebuffed because of Cupertino’s insistence on retaining control over their phone’s branding and bundled software. Heck, we referenced it the other day.
It looks like that rumor’s not actually true, though. Verizon CEO Ivan Seidenberg has admitted in an interview with BusinessWeek that his company was “never in the running” as US carrier partner for the original iPhone’s launch.
Earlier in the week, it was reported that Apple might have acquired Wi-Gear, a company that makes the iMuff line of wireless Bluetooth headphones.
The evidence seemed pretty good for a secret buyout. Not only did Wi-Gear’s home page feature a somewhat unceremonious message about the company ceasing operations and being unable to respond to any press inquiries, but Wi-Gear co-founder moved to Apple as an iOS Bluetooth Engineer.
Unfortunately, like many good rumors, the evidence didn’t add up to the truth of things. Asked about a buyout by Macworld, Wi-Gear CEO Mark Pundsack said: “I wish!”
Yesterday, Facebook hosted a media event to announce the company’s plans to tie local business advertising into its Places functionality, but at the Q&A following the event, CEO Mark Zuckerberg made a surprising claim: the iPad’s not mobile.
The characterization came after an attendee asked Zuckerberg when the iPad would get a native Facebook app.
The answer? Never. Facebook expects you to use the Facebook website on the iPad. And why? Because Facebook only makes app for mobile devices, and “the iPad’s not mobile… it’s a computer.”
Over the weekend, Steve Jobs and Mark Zuckerberg met for some dinner, and smart money would rest on the bet that they were trying to work out some sort of deal where Facebook and Ping come together at last.
But could Apple’s interest be far more bold than merely ironing out some differences? Peter Kafka over at All Things D certainly thinks so: he speculates that Apple may want to buy Facebook outright with its $51 billion in cash reserves.
Here’s Kafka’s reasoning. Asked by Jobs what Apple intends to do with all of its cash, Jobs responded: “We firmly believe that one or more unique strategic opportunities will present itself to us, and we’ll be in a position to take advantage of it.” As Kafka sees it, Facebook’s a good bet for such an acquisition.