Apple snags Tim Cook for 10 years, with a 1M share signing bonus worth $383m

Apple’s new CEO Tim Cook got more than just a job at the biggest tech company in the world when he signed on with Apple. He also got 1,000,000 shares of Apple stock, a bonus worth $383 million at current prices. The news comes from an8-K filingwith the SEC that details the terms of Cook signing on as CEO. In connection with Mr. Cook’s appointment as Chief Executive Officer, the Board awarded Mr....

2 min · 266 words · Christopher Parsons

Apple snaps up ex-Google AI leader who quit in the wake of Timnit Gebru’s firing

Apple has hired former Google AI scientist Samy Bengio, who resigned from the Big G following the controversial firing of ethics researcher Timnit Gebru. Bengio will lead a new AI research unit and report to fellow ex-Googler John Giannandrea,Reuters reports. In his role at Google, Bengio oversaw hundreds of workers and was a strong supporter of Gebru and Margaret Mitchell, who co-led the ethical AI teams before their terminations. Gebru wasfired in Decemberafter a fallout with management over a research paper she co-authored on the risks of large-scale language models, which are used in many Google products....

2 min · 385 words · Jennifer Hunt

Apple sold 250M iOS devices, 61% of browsing market

With over 250 Million iOS devices now sold, Apple accounts for at least 61% of the browsing marketing versus Android and other mobile browsers. Senior VP of iOS Software at Apple Inc., Scott Forstall, stated, “We’ve already sold more than a quarter billion devices. That makes iOS the number 1 mobile OS.” The announcement was made at Apple’s “Let’s Talk iPhone” event held at the company’s Cupertino headquarters. This iPhone is completely compatible with Apple’s new iOS 5 software....

2 min · 226 words · Patrick Cooper

Apple soon to open its biggest Chinese store, in Shanghai

Apple will soon open its biggest store in China, after the company “pulled back” the curtain on the hoardings protecting its new retail presence in Shanghai teasing the message “We’re about to light up Nanjing Road”. The Cupertino-based company already is likely to open its new store in the coming weeks, unveiling a new five-story flagship store that was originally due to open in late August but was delayed due to heat issues and ventilation systems....

2 min · 335 words · William Gallegos

Apple splitting security updates is more exciting than it sounds

Earlier this year, Apple had to push a software update at a breathtaking speedto protect iPhone users from active vulnerabilities. Until now, iOS users have had to wait for the next version update to get bug patches. But that’s about to change. Last night, with iOS 15, the company announced that it’s separating security updates from software updates. Here’s what the firm says: iOS now offers a choice between two software update versions in the Settings app....

2 min · 291 words · Daniel Archer
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