Tim Cook - Page 3

Report: Apple Faces Probe by Multiple States over Deceptive Trade Practices

Multiple U.S. states have reportedly launched an investigation into tech giant Apple over allegations that the company deceived consumers. The new investigations come just years after “batterygate,” in which Apple was caught slowing down older iPhones via software updates.  The Masters of the Universe blamed battery health for the slowdown, which also conveniently made a new iPhone purchase more attractive.

Tim _Apple_ Cook testifying via TV (Pool/Getty)

Google Plans Privacy Changes Similar to the Apple Policy that Cost Facebook Billions

Google announced this week that it’s planning to introduce new privacy restrictions that will reduce app tracking across its Android devices, similar to the system implemented by Apple that contributed to Facebook’s historic drop in market value due to its impact on Mark Zuckerberg’s invasive targeted advertising. Although Facebook has publicly fought a war of words with Apple over its privacy measures, it is publicly supporting Google’s change.

Google CEO Sundar Pichai

Recode: Apple Wrecked Facebook’s Ad Business with Commonsense Privacy Changes

In a recent article, Vox’s Recode outlines how Apple’s privacy update that allows users to prevent websites like Facebook from tracking them has had a massively negative effect on the social media giant’s revenue. Facebook (now Meta) relies on gaining access to the entire private lives of its users to appeal to advertisers, and Apple’s commonsense policies have caused major problems for Mark Zuckerberg and the Masters of the Universe.

Facebook CEO Mark Zuckerberg pauses while testifying before a joint hearing of the Commerc

Ministry of Truth: Apple Makes It Harder for Ex-Employees to Get Jobs by Erasing Their Job Title

Former Apple employees are alleging that once they left the company, their position at the firm was retroactively updated to “associate,” making it harder for former workers to accurately describe their roles when applying for new jobs. One former employee claims a job verification service was unable to verify her title at Apple, resulting in a lost job opportunity.

Apple CEO Tim Cook and his V for Victory

‘Freight Train’ Apple Posts Record Quarterly Revenue

After Apple posted a record quarterly revenue of $124 billion on Thursday, analysts described the company as a “freight train at the moment.” CEO Tim Cook noted on the tech giant’s earnings call that inflation is a major factor as well as “Logistics, as I’ve mentioned on a previous call, is very elevated in terms of the cost of moving things around.”

Apple's bombshell and the trillion-dollar question (AFP)

Lawsuit: Google and Apple Conspire to Maintain Stranglehold on Search Market

A new class-action lawsuit alleges that Apple and Google have an agreement that keeps the iPhone maker out of the search engine business as long as Google pays to remain the default search option in Apple’s Safari browser. The lawsuit claims the two companies maintain their anticompetitive agreement with “regular secret meetings” between Google CEO Sundar Pichai and Apple CEO Tim Cook.

Sundar Pichai CEO of Google ( Carsten Koall /Getty)

Apple Briefly Became World’s First $3 Trillion Company

Apple briefly hit a market cap of $3 trillion during trading on Monday, the first company to ever achieve this valuation. After hitting the landmark valuation, Apple shares have traded down, leaving the iPhone giant just short of the historic value. The tech giant has tripled its valuation in the last four years.

Tim Cook CEO of Apple laughing