Music streaming is a horrible business, says Apple Music boss

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Iovine
Jimmy Iovine talks up Apple Music at WWDC 2015.
Photo: Apple

Spotify is in for a rough future, according to Apple’s Jimmy Iovine, who is warning the music industry not to place too much faith in the tech industry.

Iovine sat down for a new interview where he discussed the future of the music industry. According to the Apple Music boss, record labels are “100 percent” overly optimistic about where things are headed with technology.

Tim Cook cracks top 3 of Vanity Fair’s ‘New Establishment’ list

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Tim Cook
Tim Cook at the iPhone 8 keynote.
Photo: Apple

Apple CEO Tim Cook ranks as one of the three most influential personalities in the world, according to Vanity Fair.

The fashion magazine published its annual “New Establishment” list today. While the top two spots did not change from last year’s rankings, Cook made a big leap from his No. 11 position in 2016 into the top 3.

Tim Cook to attend technology council meeting at White House this month

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Tim Cook was ranked the nation's top CEO by ExecRank.
Tim's not a fan of special councils.
Photo: Jim Merithew/Cult of Mac

The first meeting of President Donald Trump’s American Technology Council is set to convene at the White House later this month with Apple CEO Tim Cook expected to be among the attendees.

With an aim of modernizing government services, the group is being led by Trump’s son-in-law Jared Kushner. Some of the biggest names in tech are among the roster of advisers, many of whom publicly denounced Trump’s recent decision to leave the Paris climate agreement, which could make the meeting pretty interesting.

Amazon Prime Video may come to Apple TV this summer

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appletv
Deal may have been agreed directly between Tim Cook and Jeff Bezos.
Photo: Jim Merithew/Cult of Mac

Amazon will reportedly bring its Amazon Prime Video app to Apple TV sometime in the third quarter of this year.

Although it’s not confirmed, some industry observers have suggested that such a move would have had to be worked out directly between Apple and Amazon CEOs Tim Cook and Jeff Bezos.

Tim Cook and other tech titans meet Trump in his tower

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Peter Thiel separates Tim Cook and Donald Trump at tech summit.
Peter Thiel separates Tim Cook and Donald Trump at tech summit.
Photo: Sean Spicer/Twitter

Trump Tower in New York City became the site of the biggest meeting of tech figures in years Wednesday, as President-elect Donald J. Trump called together Silicon Valley’s elite for a meeting of the minds.

Apple CEO Tim Cook was among those in attendance and was seated within arm’s reach of the Trump, even though Cook  previously has been criticized by the recently elected Republican. Trump also called for a boycott against Apple products during the blistering presidential campaign.

5 years after his death, Steve Jobs remains among top ‘current’ tech leaders

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Steve Jobs was anything but a bust as CEO.
Steve Jobs is still one of the most revered leaders in tech.
Photo: China News

Put it down to Steve Jobs’ astonishing legacy — or poor reading comprehension — but according to a poll of 700 tech company founders, the late Apple CEO is among the most admired “current” tech leaders.

Despite having died five years ago, Jobs scored fourth place in the poll, following Tesla and SpaceX founder Elon Musk, Facebook’s Mark Zuckerberg and Amazon’s Jeff Bezos.

Eddy Cue, Walter Isaacson to speak at Vanity Fair summit

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Eddy Cue
Will he be wearing an Hawaiian shirt?
Photo: CNBC

Eddy Cue is among a list of high-profile speakers that will feature at this year’s New Establishment Summit held by Vanity Fair. Walter Isaacson, author of Steve Jobs’ biography, is also in the lineup, alongside Amazon CEO Jeff Bezos and Apple board member Bob Iger.

Apple’s CEO security budget is surprisingly low

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Tim Cook WWDC 2015
At least he has that knife.
Photo: Evan Killham/Cult of Mac

Apple doesn’t spend the least of any huge company on security for head Tim Cook, but it’s way less than we expected.

Considering the iPhone maker is the biggest company, well, ever, we thought that its board might be especially interested in shelling out some major coin to keep Cook safe. But we looked at several different corporations, and Apple’s spending on CEO security is on the lower end.

Like the way lower end. As in, you would not believe how much Facebook pays to keep founder and head Mark Zuckerberg alive.