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Tim Cook: Apple defeats lawsuit claiming it overpaid CEO Tim Cook, others

A federal judge on Wednesday dismissed a lawsuit accusing Apple of overpaying Chief Executive Tim Cook and other top executives by tens of millions of dollars by miscalculating the value of performance-based stock awards.U.S. District Judge Jennifer Rochon in Manhattan said the iPhone maker described its pay methods in detailed compensation tables in its 2023 proxy statement, "precisely" as securities laws and U.S. Securities and Exchange Commission rules require.Elevate Your Tech Prowess with High-Value Skill…

Charlie Munger dead at 99: What Warren Buffett’s vice-chair said on Apple

Charlie Munger, the billionaire investor and the vice chairman of Berkshire Hathaway, has passed away at the age of 99. He would have turned 100 on the new year's day. Munger was highly regarded for his brilliant wit and analysis and was the man behind building up the Warren Buffett-led investment firm to its present gargantuan status. His insights and vision in the technology sector led to the company making pin-pointed investments that paid large dividends. Even though Berkshire came very late to the Apple party, one…

US Judge Rejects Apple’s Bid to Throw Out Lawsuit That Accuses CEO Tim Cook of Defrauding Shareholders

A U.S. judge has rejected Apple's bid to throw out a class-action lawsuit that accused Chief Executive Tim Cook of defrauding shareholders by concealing falling demand for iPhones in China.U.S. District Judge Yvonne Gonzalez Rogers' decision late Monday night clears the way for shareholders led by a British pension fund to sue over a one-day plunge that wiped out $74 billion (roughly Rs. 6,06,700 crore) of Apple's market value.The lawsuit stemmed from Cook's comment on a November 1, 2018, analyst call that while Apple…

Apple CEO Tim Cook on OpenAI chatbot ChatGPT

Apple CEO Tim Cook recently shared his thoughts on the artificial intelligence chatbox, ChatGPT, highlighting both his enthusiasm and concerns about the technology. During an interview with Good Morning America, Cook expressed his excitement about OpenAI's ChatGPT but also stressed the need for caution in its adoption. While other tech company CEOs readily embrace this technology, Cook takes a more measured approach. According to a report from Wall Street General, Apple has imposed limitations on the use of ChatGPT due…

Tim Cook’s 5 key tips for success in a changing world

Tim Cook, the CEO of Apple since 2011, has successfully carried forward co-founder Steve Jobs' legacy as a leader. Apple, undoubtedly the largest and most influential company in the world, holds a special place in the hearts of those who aspire to push the boundaries of technology and innovation. Cook not only stepped into the role of CEO but also shouldered the weight of being an innovator.Surpassing everyone's expectations, Cook has proven himself to be the ideal leader for Apple. During his tenure, he has introduced…