Tim Cook

Tim Cook turns down $75m dividend

Tim Cook turns down $75m dividend

Apple certainly isn’t a company that’s hurting for money right now, and the board decided to issue dividends to all employees holding stock back in March. The dividend will be issued at a value of $2.65 per share and is available to those who hold restricted stock units, typically issued to appease employees and keep them with the company for years to come. In an interesting twist, Tim Cook has declined his dividend, turning down $75 million in the process.

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Apple’s Tim Cook top-paid CEO in 2011 by a long shot

Apple’s Tim Cook top-paid CEO in 2011 by a long shot

It's been revealed by a Wall Street Journal report this week that Apple's CEO Tim Cook was the highest payed person in his position throughout 2011 in the USA. The amount of cash he actually received in annual salary from Apple was 90 cents, this along with his annual incentives equaled out to be just $180 cents. So where does the massive $378 million stack of cash come from, this $300 million more than the next highest paid CEO in the USA?

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Apple CEO Tim Cook spotted at Valve offices

Apple CEO Tim Cook spotted at Valve offices

The head of Apple has reportedly been meeting with people at PC gaming giant Valve, right at a time when Valve has been the subject of rampant rumors. The company posted job ads for what appears to be a hardware initiative or at least something that sounds like a complete departure from its long-standing traditional business model. So Apple having some sort of position in that would be interesting to say the least.

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Apple CEO Tim Cook to make opening speech at D10

Apple CEO Tim Cook to make opening speech at D10

AllThingsD has just announced that its 10th annual D: All Things Digital conference will be kicking off with an opening speech by Apple CEO Tim Cook. This will be his first speaking appearance at a non-Apple event since taking the throne at the Cupertino company following the passing of former Apple CEO and co-founder Steve Jobs last year.

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SlashGear Evening Wrap-Up: March 28, 2012

SlashGear Evening Wrap-Up: March 28, 2012

Happy Wednesday, everyone. As we wrap up the middle of the week, here's a run-down of what made news today. First off, Verizon's 4G LTE Jetpack hotspot is launching on April 12. In the world of other smartphone platforms, AT&T has confirmed that the Windows Phone Tango update is coming soon. And finally, whether or not it's an iPhone, if you have an Apple product and you live in the US, you are now officially part of the majority. 50% of US households have an Apple device.

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Apple CEO Tim Cook meets with China’s vice premier

Apple CEO Tim Cook meets with China’s vice premier

Apple CEO Tim Cook is in China this week, meeting with the country's leadership to discuss intellectual property issues and to strengthen ties for greater cooperation, according to a report by the WSJ. Cook met with China Vice Premier Li Keqiang on Tuesday at Zhongnanhai, a location reserved for visiting foreign dignitaries.

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SlashGear Evening Wrap-Up: March 26, 2012

SlashGear Evening Wrap-Up: March 26, 2012

Happy Monday, everyone. Hopefully you all had a very restful weekend and are eager to catch up on all the tech news that happened today. Even if your weekend was less than restful, we've still got major news. For starters, T-Mobile is hiking up its unlimited, 5 GB, and 10 GB data prices. Yikes. And we all know how important mobile data is these days. That's why the new iPad can apparently last 25 hours as an LTE hotspot

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Tim Cook visits China for “greater investment”

Tim Cook visits China for “greater investment”

The world's most heavily populated country has has Tim Cook as its guest this past week, Apple assuring Chinese officials from Beijing that they would be investing further in the country as it opens up to the mobile world. This visit is not the first time Apple has been in the country, of course, with both parts factories and sales hitting the news headlines for quite a few months now. Apple's few retail stores in China have blossomed in the short time they've been there, with Cook's visit coming amid promises that the successful retail model Apple has in the USA will expand to China past their initial "test phase."

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Apple conference call to be held concerning excess cash

Apple conference call to be held concerning excess cash

Apple CEO Tim Cook has admitted his company has too much cash lying around. Way too much. In fact, it has nearly $100 billion just resting in the bank. Cook has said that it's unncessary to have that much dough without doing anything with it. He noted that it should be spent on advancing the company. Apparently is has come up with a solution.

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