CUPERTINO, Calif. — Apple on Monday unveiled a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter’s ability to popularize new-fangled devices after others failed to capture the public’s imagination. After years of speculation, Apple CEO Tim Cook hailed the arrival of the sleek goggles…
Apple Unveils ‘Vision Pro’ Virtual Reality Headset
CUPERTINO, Calif.—Apple on Monday unveiled a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter’s ability to popularize new-fangled devices after others failed to capture the public’s imagination. After years of speculation, Apple CEO Tim Cook hailed the arrival of the sleek goggles—dubbed “Vision Pro”—at…
Climate Advocate Al Gore and CEO Tim Cook Must Be Ousted From Apple Board: NLPC
The National Legal and Policy Center (NLPC), a nonprofit that reports on the ethics of public officials, has made two filings with the U.S. Securities and Exchange Commission (SEC) opposing the position of Apple CEO Tim Cook and climate advocate Al Gore on Apple’s board of directors. The SEC filing that called for voting against…
NTD Business (Jan. 13): Lawmaker Calls to Audit Federal Reserve; SEC Sues Crypto Firms Gemini and Genesis
The Securities and Exchange Commission sues two major crypto firms, accusing them of illegally selling securities. This comes after one of the firms froze customer withdrawals, putting $900 million at stake. Apple CEO Tim Cook is getting a big pay cut after shares fell more than 25 percent last year. A congressman is calling to…
Apple CEO Tim Cook Accepts 40 Percent Pay Cut
Apple CEO Tim Cook is taking a significant pay cut in 2023, according to a filing with the Securities and Exchange Commission (SEC) on Thursday. Cook’s total compensation target for the year will be $49 million, which is 40 percent less than the previous year, according to the filing. He’ll also get fewer restricted stock units…
Tim Cook Confirms Apple Will Use US-Made Chips for First Time in a Decade
Apple CEO Tim Cook has confirmed that the tech giant will soon start using semiconductor chips manufactured in the United States, the first time in almost 10 years. Cook made the announcement while speaking at the site of the Taiwan Semiconductor Manufacturing Company (TSMC) plant under construction in Phoenix, Arizona. TSMC is the largest dedicated…
Stand by Apple Stock Despite Supply-Chain Woes
Apple recently served up excellent fiscal results, but not every analyst is in the bull camp. However, a deep dive into the data ought to quell the skeptics’ concerns, even in the face of supply-chain issues. Investors should hold onto their Apple shares and possibly add more when the price dips. There’s no denying that…
Apple Predicts Lower Q3 Performance Owing to Supply Constraints, Material Shortages
Tech giant Apple is predicting a slump in performance for its fiscal Q3, 2022 term ending in June even as the company showcased better results, on a yearly basis, during the second quarter. Apple said its forecast is based on persistent global supply chain disruptions. “We believe our year-over-year revenue performance during the June quarter…
US Gave Chinese Firms $1.8B in Subsidies
U.S. state and local governments gave billions in subsidies to Chinese firms. This–despite China being a major U.S. competitor. We hear from an FCC commissioner about his letter to Apple CEO Tim Cook. He accuses Cook of hypocrisy and censorship. Does the cure cost more than the illness? In Shanghai, locals are sharing stories of…
US Gave Chinese Firms $1.8 Billion in Subsidies
U.S. state and local governments gave billions in subsidies to Chinese firms, despite China being a major U.S. competitor. We hear from an FCC commissioner about his letter to Apple CEO Tim Cook. He accuses Cook of hypocrisy and censorship. Does the cure cost more than the illness? In Shanghai, locals are sharing stories of…
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