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Summary: Apple is accused of breaching its fiduciary duty, gross mismanagement, corporate waste, and a breach of the duty of honest services in a new derivative shareholder complaint filed this week. AppleInsider reports that a derivative shareholder complaint has been…>read moreNo Comment August 15, 2014
It was announced on Wednesday that Apple has agreed to purchase the streaming music service Beats Music and Beats Electronics, according to Yahoo. The company makes Beats headphones, which are incredibly popular. The company was co-founded by Jimmy Iovine and…>read moreNo Comment May 29, 2014
On Wednesday, Apple moved to get back at Greenlight Capital and its owner David Einhorn after, last week, Greenlight Capital sued Apple in the U.S. District Court in Manhattan in an attempt to block a shareholder’s vote scheduled on Fe.…>read moreNo Comment February 14, 2013
On “Rock Center,” NBC’s Thursday night program, Apple CEO Tim Cook hinted at starting manufacture of Mac computers in USA. In an exclusive interview with Brian Williams, Cook said “We’ve been working for years on doing more and more in…>read moreNo Comment December 7, 2012
The CEO of Apple, Tim Cook, will reveal new iPhone software, updated Mac computers and issue more information about future releases of Mac software when he opens Apple’s annual conference for software developers today. On Friday, banners were visible at…>read moreNo Comment June 11, 2012
Tim Cook, the CEO of Apple, unveiled the brand new iPad today. “We are redefining the category that Apple created with the original iPad,” Cook said. The new iPad looks much like the iPad 2 but the new one has…>read moreNo Comment March 7, 2012
Bill Weir of Nightline was granted access to Foxconn, one of the Chinese suppliers for the tech giant Apple. The reason for the unprecedented access is because Apple had been receiving scrutiny for weeks regarding how the workers at the…>read moreNo Comment February 23, 2012
The doubts and controversies surrounding Apple’s method of accessing and storing user information continue to rise as Rep. Henry Waxman (D-Calif.) and Rep. G.K. Butterfield (D-N.C.) send a formal letter to Tim Cook, the Apple CEO, requiring explanation of severe…>read moreNo Comment February 16, 2012
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