Tim Cook acquires $123M worth of vested Apple stock, sells $58M
Apple CEO last week was granted 560,000 vested restricted stock, split between time- and performance-based awards, and in a subsequent selloff of the bonus gained nearly $58 million.
Mikey Campbell is the Senior Editor at AppleInsider, where he has covered all things Apple since 2011. He has appeared on Bloomberg TV, MSNBC Live, CNBC, Al Jazeera, MotorTrend's "Wide Open Throttle," CBS5 and TWiT.
Apple CEO last week was granted 560,000 vested restricted stock, split between time- and performance-based awards, and in a subsequent selloff of the bonus gained nearly $58 million.
Apple recently hired music industry veteran Brian Bumbery, who worked on public relations projects for Metallica, Green Day, Chris Cornell, Madonna and more, to head similar projects for the company's Apple Music arm.
After opening iTunes' donation mechanism earlier this week to help victims of the Kerala floods in India, Apple on Saturday pledged 70,000,000 Indian Rupees (about $1 million) to support Mercy Corps efforts in the region.
Apple appears to have stepped up its poaching activities involving Tesla employees over the past few months, luring away manufacturing, security and software engineers, and supply chain experts to work on the "Project Titan" self-driving car initiative and other products, according to a new report.
A patent application published Thursday potentially offers clues into Apple's rumored non-invasive glucose monitoring solution, diabetes tracking technology considered to be a "holy grail" of medical science.
Apple late Wednesday announced the upcoming grand opening of its new store in Kyoto, the second in a series of retail debuts and renovations planned for the Japanese market.
An Australian government body tasked with administering cultural heritage regulations in the state of Victoria this week enacted an Interim Protection Order that precludes further development of Federal Square, the site of a proposed flagship Apple store, for a period of at least four months.
Facebook on Wednesday pulled its VPN service Onavo Protect from the iOS App Store after Apple found the app in violation of newly implemented privacy policies.
Apple CEO Tim Cook gifted 23,215 shares of directly owned company stock to an unidentified charity this week, an amount worth nearly $5 million at the end of trading on Tuesday.
Longtime Apple executive Jen Folse, who served as lead designer on a number of projects including tvOS, has departed the company to take a senior role at live social broadcasting startup Caffeine.
Following a scathing rebuke of supposedly lax App Store policy enforcement from Chinese state media, Apple on Monday confirmed the removal of thousands of deemed-illegal titles from the online storefront in compliance with local regulations.
The U.S. Department of Justice is reportedly pushing Facebook to disable or otherwise break end-to-end encryption in its Messenger text and voice messaging service as part of a criminal investigation into the MS-13 gang.
Apple on Friday commented on recent revelations that an Australian teen gained unauthorized access to its corporate computer network, saying the hack did not compromise customer data despite reports claiming the boy accessed customer accounts.
Twitter is scheduled to modify its API on Thursday, deprecating features in a move that significantly degrades the performance and utility of third-party clients like popular iOS and macOS app Tweetbot.
Noted Apple analyst Ming-Chi Kuo believes the Cupertino tech giant's autonomous vehicle aspirations — "Project Titan" — will be realized in a shipping consumer product as early as 2023, helping push the company toward its next trillion dollar valuation.
Financial mogul Warren Buffett's Berkshire Hathaway loaded up on shares of Apple in the second quarter of 2018, increasing the fund's position to nearly 252 million shares at the end of the three-month period.
Nobel Peace Prize Laureate Malala Yousafzai visited Apple Park on Monday, where she discussed Apple's ongoing Malala Fund partnership with hosts CEO Tim Cook and VP of Environment, Policy and Social Initiatives Lisa Jackson.
Doug Field, who previously worked as a vice president of Mac hardware engineering at Apple, has returned to the Cupertino tech giant after a nearly five-year stint at Tesla to work on the company's secretive automotive initiative.
Researchers at the Black Hat security conference at Las Vegas intend to demonstrate an exploit in Apple's enterprise tools that lets well-equipped hackers compromise a Mac the first time it connects to Wi-Fi, though the bug has already been patched in the latest macOS High Sierra update.
Early benchmark testing of Samsung's just released Galaxy Note 9 shows the flagship phablet is unable to top Apple's iPhone X with A11 Bionic processor despite hitting market nearly 11 months later.
Chicago Mayor Rahm Emanuel was on hand at Apple's flagship Michigan Ave. store Wednesday night, where participants of the One Summer Chicago employment and internship initiative showcased apps built with the Swift programming language.
Apple on Wednesday confirmed a decision to leave conspiracy theorist Alex Jones' Infowars app available for download in the iOS App Store following the removal of his podcast content from other digital platforms including iTunes and Podcasts, saying the app has not violated company guidelines.
Apple TrueDepth parts supplier Lumentum reported better than expected results for the June quarter, with anticipated order volume suggesting the depth-sensing camera system will arrive on three new iPhone models this year, according to analyst predictions.
Apple CEO Tim Cook recently sat down to discuss Apple Music and its place in the burgeoning music streaming world, once again touting the service's human content curation as a key benefit over competitors like Spotify.
Apple CEO Tim Cook on Thursday commented on the company's $1 trillion market capitalization, saying that while it is a milestone, there are more important measures of success.
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