Apple CEO Tim Cook addresses the White House Summit on Cybersecurity and Consumer Protection. Photo: White House
Silicon Valley’s top CEOs snubbed President Barack Obama’s appearance at Stanford University today for the White House Summit on Cybersecurity and Consumer Protection, but Apple CEO Tim Cook used his invite to make the case for improving security.
Cook addressed attendees before Obama took the stage and reaffirmed Apple’s belief that everyone has a right to privacy and security. In part of his speech, the Apple CEO warned of “dire consequences” if the proper balance between security and privacy isn’t maintained.
“We must get this right!” Cook told the audience. “History has shown us that sacrificing our right to privacy can have dire consequences.”
Apple Pay is going everywhere in 2015. Photo: Apple
Apple Pay has already become the top mobile wallet at a number of stores, but now Apple’s about to take on the great outdoors.
During his address at today’s White House cybersecurity summit, Tim Cook said that starting in September you’ll be able to use Apple Pay for transactions with the federal government, including paying fees to get into Yosemite and the other national parks.
Cook’s visit to the summit was a big win for Apple Pay, which Cook says is now supported by more than 2,000 banks, putting us one step closer to the age when your wallet will be a thing of the past. The White House has given Apple Pay its stamp of approval, too, and announced plans to enable it on all federal-payment cards.
Tim Cook and President Obama are attending today’s White House Cyber Security Summit to talk about a range of issues facing the U.S. tech industry.
Mark Zuckerberg, Marrisa Mayer, and Google CEO Larry Page all decline invites to the summit where Obama is expect to urge tech firms to share data with the government. While Silicon Valley’s elite have snubbed the event, Cook’s appearance could be a big deal in his effort to advocate for the importance of privacy for users. Tim Cook’s appearance is expected soon, while President Obama is scheduled to take the stage at 2:15 ET.
Jimmy Iovine, Tim Cook, Andre Young, and Eddy Cue. Photo: Apple
Apple plans to launch a new streaming music service this spring, but music industry insiders say Apple isn’t trying to just compete with Spotify, it wants to become the music business.
Tim Cook and Jimmy Iovine were two of the most in-demand people at this year’s Grammys. Eddy Cue and iTunes VP Robert Kondrk were also in attendance according to a new report from Billboard, which claims artists and labels execs alike were lined up at Clive Davis’ pre-Grammy gala to get a meeting with the biggest names in tech that are now poised to take on music, again.
Jimmy Iovine has devoted recent weeks to meeting senior execs at major and indie labels to talk about the new music service that will launch by summer at the latest and come alongside a major redesign of the iTunes Store as the company struggles to adapt to decline music sales.
That changed yesterday, when Apple gave reporters from San Francisco news outlet KQED an up-close-and-personal glimpse at its flying saucer-shaped headquarters, which will eventually house up to 15,000 employees.
Along with photos showing the development, the reporters also heard a few environmentally friendly factoids about the campus — such as the fact that it will use recycled water to flush toilets, solar arrays to meet the majority of energy needs, and that the older buildings Apple inherited when it bought the land were broken down and recycled for new building materials.
Life at Apple has been phenomenal ever since Tim Cook took over as CEO. AAPL shares are up 120 percent. 750 million iOS devices have been sold. $100 billion was returned to shareholders. And Apple just became the first $700 billion company in history.
To celebrate a successful 2014 campaign, Cook sat down with Goldman Sachs President Gary Cohn today to talk about how Apple achieved its unbelievable results, as well as what other tricks the company has up its sleeves.
Here are the 12 biggest revelations from Cook’s Goldman Sachs tech conference appearance:
Swatch has an answer for Apple Watch. Photo: Apple
Swatch Group AG isn’t planning to just roll over dead now that Apple is entering the timepiece market. Swatch announced today that it’s preparing its own smartwatch to take on Apple Watch, and it’ll be ready to launch in just three months.
Swatch CEO Nick Hayek was originally skeptical of the smartwatch revolution two years ago, but in an interview with Bloomberg, Hayek said his company is ready to throw its numerous patents into a smartwatch that won’t need daily recharging.
The man described by Fortune as “Tim Cook’s Tim Cook” Photo: Apple/Cult of Mac
Coming off a record-breaking financial quarter — largely thanks to the astonishing success of the iPhone 6 — it’s worth asking who Apple owes its present success to.
While everyone is quick to mention the usual suspects (Tim Cook and Jony Ive being two of the most prominent), a name you don’t hear bandied about so much is Jeff Williams. He’s Apple’s operations whiz, the VP whose job it is to make sure products get manufactured, shipped and delivered on time, and with the highest possible standards.
Ever wonder how Apple was able to go from shipping 10 million iPhones in the whole of 2008 to 74 million in the past quarter alone, without missing a beat? That would be Jeff Williams, the guy Fortune once called “Tim Cook’s Tim Cook.”