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Apple CEO Tim Cook gets the 40% pay cut he asked for

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Apple's decision to drop out of the privacy trade group comes ahead of Tim Cook headlining a global privacy summit.
Tim Cook's payout is going to drop significantly in 2023.
Photo: Fortune Global Forum/Flickr CC

Apple CEO Tim Cook is set to receive a substantial pay cut in 2023. The company’s top executive will receive “only” $49 million in compensation this year.

For comparison, Cook’s compensation was $99.4 million in 2022 and $98.7 million in 2021.

Elon Musk vs. Apple: Tech battle for the ages! [The CultCast]

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Elon Musk versus Apple on The CultCast podcast: Well, that escalated quickly!
Well, that escalated quickly!
Image: Steve Jurvetson/Flickr CC/Modified by Cult of Mac

This week on Cult of Mac’s podcast: After new Twitter CEO Elon Musk began publicly questioning some of Apple’s policies, he went mano-a-mano with Tim Cook. Maybe Musk’s meme-y declaration of war was a bit premature …

Also on The CultCast:

  • The sad state of iCloud storage.
  • A Twitter phone? Really?!?
  • 2023 MacBook Pro benchmarks reveal a big fat surprise.
  • A totally weird tale about the dangers of walking the streets of New York City with hundreds of iPhones.

Listen to this week’s episode of The CultCast in the Podcasts app or your favorite podcast app. (Be sure to subscribe and leave us a review if you like it!) Or watch the video live stream, embedded below.

Elon Musk admits Apple never planned to kick Twitter out of iPhone App Store

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The world's richest person will soon have total control of Twitter.
Apple isn't threatening to delete Twitter from the App Store, no matter what Elon Musk said earlier.
Photo: Elon Musk/Twitter/Cult of Mac

Twitter CEO Elon Musk on Wednesday walked back his claim that Apple was threatening to remove Twitter from the App Store.

This comes after Musk said he engaged in a “good conversation” with Apple CEO Tim Cook.

Want to work for Apple? You need these 4 traits.

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Tim Cook recently described key traits of Apple hires while speaking with university students in Naples, Italy. No, a beard isn't one of them.
Tim Cook recently described key traits of Apple hires. (No, a beard isn't one of them.)
Photo: Miguelangel Miquelena/Unsplash License

Apple CEO Tim Cook told a group of students in Italy last week what it takes to get and keep a job with the Cupertino tech giant.

Cook said Apple seeks out candidates with four shared skillsets that help employees — and the company — succeed.

Italian leg of Euro tour nets honorary innovation degree for Tim Cook

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Tim Cook speaks with university students in Naples, Italy, after accepting an honorary Master's degree.
Tim Cook speaks with university students in Naples, Italy, after accepting an honorary Master's degree.
Photo: Federico II online canale 1

Apple CEO Tim Cook’s unannounced European tour has taken him to the United Kingdom, Germany and Italy so far. And on one of his latest stops, he received an honorary master’s degree Thursday from the Università Degli Studi di Napoli Federico II in Naples, Italy.

“It’s an honor to be recognized by an institution with such a distinguished history, one that has nurtured Italy’s brightest young minds for nearly 800 years,” Cook said, accepting the honorary master’s degree for innovation and international management.

New Steve Jobs Archive aims to share his ‘sense of possibility’

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A new archive will celebrate Steve Jobs' life and values with an array of materials and programs.
A new archive will celebrate Steve Jobs' life and values with an array of materials and programs.
Photo: Ben Stanfield/Flickr CC

Something unexpected came out of Vox Media’s Code conference Wednesday — a birth announcement for The Steve Jobs Archive. The new repository celebrates the Apple co-founder’s life and strives to share his values. Various programs are planned.

In a panel discussion, Apple CEO Tim Cook, former design honcho Jon Ivy and Jobs’ widow, Laurene Powell Jobs, discussed the man’s legacy and introduced the archive.

Severance and Ted Lasso rake in awards from Hollywood critics

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Christopher Walken, John Turturro and Zach Cherry in “Severance” on Apple TV+. It won 5 awards from the Hollywood Critics Association.
Christopher Walken, John Turturro and Zach Cherry in “Severance” on Apple TV+. The series won 5 awards from the Hollywood Critics Association.
Photo: Apple TV+

Two of the best-loved shows on Apple TV+ — Severance and Ted Lasso — took home honors over the weekend from the Hollywood Critics Association TV Awards.

Severance won five awards, including Best Drama, and Ted Lasso won two awards, including Best Comedy. Apple TV+ topped all streaming services with 53 nominations overall.

Apple and Tim Cook crank up lobbying efforts amid antitrust scrutiny

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Mr. Cook goes to Washington a lot more than he used to.
Mr. Cook goes to Washington a lot more than he used to.
Photo: CSPAN

With Apple in the antitrust spotlight both abroad and in the U.S., Cupertino is spending more than it ever has before on political lobbying.

And CEO Tim Cook has become one of the most politically active tech executives in the country.

Tim Cook says ‘stay tuned’ for Apple’s AR headset

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Apple VR/AR headset takes big step toward production
Tim Cook wants you to get excited about Apple's AR headset
Concept: Martin Hajek/Computer Bild

Apple CEO Tim Cook teased the company’s rumored AR/VR headset during an interview with Chinese state-affiliated media on June 14.

He expressed his excitement about augmented reality and the opportunities in this space.

Today in Apple history: App Store developers earn $10 billion and counting

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In its first five years, the App Store becomes an unstoppable money machine, paying out $10 billion to app developers.
In its first five years, the App Store becomes an unstoppable money machine.
Photo: Apple

June 10 Today in Apple history: App Store developers earn $10 billion and counting June 10, 2013: Apple passes a major milestone in iOS history, as payments to app developers top $10 billion on the App Store’s fifth birthday.

Speaking at WWDC 2013, Apple CEO Tim Cook reveals that the company paid out half of this money in the previous year. He also notes that this outrageous total is three times more than all other app store platforms combined. With 575 million user accounts registered, Apple has more credit cards on file than any other company on the internet.

People have downloaded 50 billion apps in total out of a collection of 900,000 available, Cook says, with 93% of the apps downloaded at least once every month.

Former trombone player Tim Cook gives $100,000 to his high school band

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The Robersdale High School Band poses with instruments.
The Robersdale High School Band poses with instruments.
Photo: Baldwin County Public Schools

We’ve all heard the “sad trombone” sound. Well, today all brass is happy — or at least some brass, down south in Alabama — because Apple CEO Tim Cook just gave his alma mater’s band program a donation to the tune of $100,000.

Cook played trombone in the Robertsdale High School band in Robertdale, Alabama, near Mobile. He graduated in 1978, on his way to an engineering degree from Auburn University and later an MBA from Duke University.

Tim Cook named one of Time’s 100 most influential people

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Tim Cook named one of Time’s 100 most influential people
Apple CEO TIm Cook is influential enough to make the cover of Time.
Graphic: Time

Apple CEO Tim Cook once again shows up on Time‘s list of “The World’s Most Influential People,” which pays tribute to 100 important figures from film, music, politics and global culture in general.

Others on the list include Volodymyr Zelenskyy, Channing Tatum, Mary J. Blige, Kris Jenner and Ron DeSantis.

Film and TV pros want Apple to love Final Cut Pro as much as they do

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Many film and TV editors say Final Cut Pro is powerful and fun to use. So why can't it be a professional standard?
Many film and TV editors say Final Cut Pro is powerful and fun to use. So why can't it be a professional standard?
Image: Apple

In an open letter sent to Apple CEO Tim Cook on Tuesday, more than 100 film and TV professionals called on the company to publicly commit to building its video editing software Final Cut Pro into an industry-standard tool.

The group praised FCP as as “the biggest leap forward in editing technology since the move to digital” but complained it’s not living up to its potential.

The group noted, bitterly, that even the crew on CODA — the first streaming service release to win a Best Picture Oscar, and Apple’s own release — would probably not have chosen to edit it with FCP.

Tim Cook’s privacy summit keynote condemns app sideloading

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Tim Cook delivered a keynote address at the International Association of Privacy Professionals Global Privacy Summit on Tuesday.
Tim Cook delivered a keynote address at the International Association of Privacy Professionals Global Privacy Summit on Tuesday.
Photo: IAPP

Apple CEO Tim Cook called privacy a key battle of our time during a speech Tuesday. He extolled Apple’s commitment to protecting its users’ data and condemned regulations that would force Cupertino to accept app sideloading on iPhones.

“We are deeply concerned about regulations that would undermine privacy and security in service of some other aim,” he said, referring to legislation that would force Apple to allow apps for its devices to bypass the App Store.

Cook made the comments during a wide-ranging keynote address at the International Association of Privacy Professionals Global Privacy Summit in Washington, D.C.

Read more about what he said and watch video of his speech below.

The radical evolution of watchOS and what it tells us about Apple’s future

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I've seen the future and it's Apple Watch: The radical evolution of watchOS and what it tells us about Apple’s future.
I've seen the future and it's Apple Watch.
Photo: Graham Bower/Cult of Mac

Unveiled at a special event way back in 2014, the first Apple Watch looked similar to the wearable we know and love today. But looks can be deceiving. Take the Digital Crown and Side Button, for example. Their design may not have changed, but their functionality is now very different.

Apple Watch went through a radical evolution over the past eight years. What started out as an “intimate way to connect and communicate,” has become primarily a health and fitness device.

This pivot is uncharacteristic of Apple. Products like iPod, iPhone and iPad launched with a clear vision and remained true to it. The Apple Watch’s evolution suggests a shift in Cupertino’s approach to new products, and provides tantalizing clues to the future of the company’s rumored next platform launch: realityOS.

Apple leaves privacy trade group it sees as too ‘industry-friendly’

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Apple's decision to drop out of the privacy trade group comes ahead of Tim Cook headlining a global privacy summit.
Apple's decision to drop out of the privacy trade group comes ahead of Tim Cook headlining a global privacy summit.
Photo: Fortune Global Forum/Flickr CC

Apple dropped out of a privacy trade group that pushes increasingly “industry-friendly data privacy laws.” The move comes ahead of Apple CEO Tim Cook headlining the International Association of Privacy Professionals Global Privacy Summit next Tuesday.

Cupertino confirmed it will leave the trade group, known as the State Privacy and Security Coalition, through a spokesperson following an initial report about it in Politico.

Tim Cook wears Ukrainian colors during Peek Performance event

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Tim Cook in Ukrainian colors during the Peek Performance event
Tim Cook wears the colors of the Ukrainian national flag during the Peek Performance event.
Screenshot: Apple

Apple CEO Tim Cook doesn’t often wear colorful Apple watch bands, but he made an exception during Apple’s Peek Performance event on Tuesday.

Cook emceed the event wearing an eye-catching yellow Sport band. Paired with his blue sweater, Cook seemed to be making a subtle gesture of support for the embattled country (yellow and blue are the colors of the Ukrainian national flag).

Tim Cook tells employees Apple will match donations to help Ukraine

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Tim Cook delivers the goods at Apple's iPhone 11 event.
"This moment calls for unity, it calls for courage," Cook said.
Photo: Apple

After Apple on Tuesday confirmed that it ceased product sales in Russia, CEO Tim Cook sent out an email to all employees that promises to match donations made to help Ukraine during the ongoing Russian invasion at a rate of 2:1.

“With each new image of families fleeing their homes and brave citizens fighting for their lives, we see how important it is for people around the world to come together to advance the cause of peace,” the email read.

Berkshire Hathaway calls Apple ‘ungodly well-managed’

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Warren Buffett's Berkshire Hathaway remains bullish on Apple.
Warren Buffett's Berkshire Hathaway remains bullish on Apple.
Photo: Kevin Dooley/Flickr CC

Charlie Munger, investment company Berkshire Hathaway’s vice chairman, laid out high praise for Apple during an interview with Yahoo! Finance on Thursday. He called the Cupertino juggernaut “ungodly well-managed.”

He also described Apple as “one of the strong companies” and said he expects it to remain so.

Apple investors urged to fight Tim Cook’s $99 million pay package

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Tim Cook at Unleashed event
Apple's "Unleashed" event focused on music and Macs.
Photo: Apple

A shareholder advisory group is urging Apple investors to vote against a $99 million compensation package awarded to CEO Tim Cook last year.

Institutional Shareholder Services (ISS) said it has “significant concerns” over the “design and magnitude” of the package — which is up $14.8 million from the year before. But it is Apple’s board, not investors, that make the final decision.

2022 looks like a humdinger for new Apple hardware [The CultCast]

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The CultCast: What new Apple hardware is popping out of Apple's magic pipeline this year?
What's popping out of Apple's magic pipeline this year?
Image: Killian Bell/Cult of Mac

This week on Cult of Mac’s podcast: Will Apple blow our minds (and our wallets) with a devastating blitz of new hardware in 2022? Signs point to yes. This week we’re discussing the latest rumors about new Apple gear coming this year — and trying not to get too excited.

Also on The CultCast:

  • Tim Cook’s alleged stalker sounds just plain sad in Apple’s restraining order application.
  • And the Apple CEO’s house has disappeared behind a massive, Minecraft-looking wall in Apple Maps.
  • You can make make your house go to blurs-ville, too!

Listen to this week’s episode of The CultCast in the Podcasts app or your favorite podcast app. (Be sure to subscribe and leave us a review if you like it!) Or watch the video livestream, embedded below.

How to blur out your home in Apple Maps and Google Maps

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How to hide your home in Apple Maps and Google Maps
All you have to do is ask.
Photo: Redd/Unsplash/Cult of Mac

Tim Cook’s plush home in Palo Alto, California, has been blurred out inside Apple Maps and Google Maps — likely because of an alleged stalking incident. If you enter his address, you’ll see nothing but a gigantic, pixelated wall.

But this kind of digital scrubbing isn’t reserved for top CEOs and celebrities. In fact, anyone can quite easily get their own home hidden from online maps. All you need to do is ask Apple and Google to conceal the locations. We’ll show you how.

Apple Maps erects gigantic digital wall to hide Tim Cook’s house

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Tim Cook's house in Apple Maps
Cook's Palo Alto home is hidden from virtual visitors.
Image: Apple Maps

Apple fans who take a virtual stroll through Palo Alto inside Apple Maps and Google Maps no longer get to see Tim Cook’s house. The modern, four-bedroom condo has had a giant digital wall erected right in front of it.

We spotted the change after Apple received temporary restraining order against an alleged stalker, who claimed to be Cook’s wife, threatened the Apple boss and was caught trespassing on his property.

Apple gets temporary restraining order against alleged Tim Cook stalker

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Apple continues to soar under Tim Cook's assured leadership.
An alleged stalker reportedly showed up at Tim Cook's house on more than one occasion.
Photo: Apple

A San Francisco Bay Area court granted Apple a temporary restraining order Friday against a woman who claimed to be Tim Cook’s wife and threatened the Apple CEO. She also allegedly trespassed at Cook’s home in Palo Alto, California.

The 45-year-old woman began tweeting about Cook in late 2020, referring to him as her “bed man,” among other things. She also allegedly emailed him multiple times, sometimes sending photographs of pistols, bullets and MacBooks.

Huge stock award lets Apple CEO Tim Cook pull in cool $98.7 million in 2021

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Tim Cook earnings apple
Tim Cook’s compensation package for 2021 is more than 6x what it was in the previous year.
Illustration: Ste Smith/Cult of Mac

It’s good to be the CEO — Apple chief executive Tim Cook was paid $98.7 million in 2021. That’s a combination of a base salary, an incentive plan and other compensation, but the lion’s share is in Apple stock.

Other top Apple executives also have 8-figure annual compensation packages, if not anywhere close to Cook’s.