Tim Cook - Page 4

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

OSHA Launching Investigation of Apple over Treatment of Whistleblower

The Occupational Safety and Health Administration (OSHA) is reportedly launching an investigation into tech giant Apple. The agency’s investigation is based on a complaint filed by whistleblower Ashley Gjøvik, who says she filed the complaint “to ensure Apple knows they cannot get away with retaliating against me for exercising my federally and state-protected rights.”

Tim Cook CEO of Apple testifies to Congress

iFib: Tim Cook Claims Apple Stands Up Against Human Rights Abuses in China

During a recent interview, Apple CEO Tim Cook discussed his company’s continued operation in China while failing to address the countries human rights violations. Cook commented on China’s atrocious treatment of people including slave laborers by saying: “that’s part of both the complexity and part of the beauty of the world is everybody has their own laws and customs.”

Tim Cook speaks in China

Snapchat Boss Says Apple Privacy Rules Are Hurting Ad Revenue – Stock Craters

The CEO of Snap, the company behind the popular Snapchat social media platform, claims that Apple’s recently introduced App Tracking Transparency system is having a negative effect on his company’s revenue. Apple’s consumer privacy settings are impacting all tech companies reliant on advertising, including the Masters of the Universe at Facebook. The company’s stock is trading down more than 22 percent following the news.

The Associated Press

South Korea Expected to Target Apple over App Store Practices

South Korean regulators are expected to take issue with Apple in the coming weeks following recently passed laws that state smartphone vendors must allow app developers to use third-party payment processors. Google has told the country it intends to comply with the law, but Apple is courting a fight over its stranglehold over developers.

Tim Cook's V for Victory

It’s Good to Be the King: Apple’s App Store Revenue Surges 22% in First Half of Year

A recent report has revealed that Apple’s App Store has seen significant success in recent months with consumers spending $41.5 billion in the first half of 2021 alone, almost double that of the Google Play Store. Apple’s App Store sales are up more than 22 percent even as the iPhone giant faces lawsuits and government regulations over the stranglehold it maintains on iOS app developers.

Tim _Apple_ Cook testifying via TV (Pool/Getty)

Playing Nice: Apple Will Let Developers Tell Customers About Alternative Payment Methods in Major Policy Shift

Apple has reportedly agreed to allow app developers to contact users to inform them about alternative payment options outside of the Apple app store ecosystem, marking a serious departure from the company’s previous policies. Apple takes up to 30 percent of revenues from developers for all purchases made within the app store, and is embroiled in a major lawsuit with Fortnite developer Epic Games over developers’ right to deal with customers directly.

Tim Cook before iPhones

#AppleToo: Apple Employees Are Turning on Their Own Woke Company

A number of Apple workers have announced a new campaign to improve working conditions at the tech giant, claiming that employees suffer from issues including, racism, sexism, discrimination, and intimidation. The employees are gathering stories about the woke tech giant on social media using the hashtag #AppleToo.

Tim Cook at Billionaire Summer Camp