Latest Tim Cook News

Reynolds named to worker training advisory board

Feb. 13, 2019 11:54 AM EST

DES MOINES, Iowa (AP) — Gov. Kim Reynolds has been appointed to a national advisory board on worker training led by Commerce Secretary Wilbur Ross and Ivanka Trump. The American Workforce Policy Advisory Board is a 25-member panel designed to develop strategies for worker training and education "that will...

Apple CEO Tim Cook to address Tulane's spring commencement

Feb. 8, 2019 5:05 AM EST

NEW ORLEANS (AP) — Tulane University's spring commencement speaker will be Apple CEO Tim Cook. Tulane President Mike Fitts said in a Thursday statement that Cook represents the kind of success the university wants for all of its graduates. Cook, who grew up in Robertsdale, Alabama, was a Fuqua Scholar at...

Apple releases update to prevent FaceTime eavesdropping

Feb. 7, 2019 8:30 PM EST

SAN FRANCISCO (AP) — Apple has released an iPhone update to fix a software flaw that allowed people to eavesdrop on others while using FaceTime. The bug enabled interlopers to turn an iPhone into a live microphone while using Group FaceTime. Callers were able to activate another person's microphone...

Spotify takes a big jump into the podcasting game

Feb. 6, 2019 9:54 PM EST

NEW YORK (AP) — Spotify is making a bigger bet on podcasts as it looks to bring a Netflix-like model of original programs to the audio world. The music-streaming pioneer gobbled up two podcasting companies, Gimlet and Anchor, on Wednesday. Although streaming is becoming an increasingly popular way to...

Apple's top retail exec to leave amid iPhone sales slowdown

Feb. 5, 2019 7:46 PM EST

SAN FRANCISCO (AP) — Apple's top retailing executive is stepping down amid a slowdown in iPhone sales that has raised doubts about the company's future growth prospects. The shake-up announced Tuesday ends Angela Ahrendts' five-year stint overseeing Apple's 506 retail stores and e-commerce operations. She...

14-year-old's FaceTime bug discovery could rattle Apple

Feb. 1, 2019 4:08 PM EST

At the heart of Apple's shocking FaceTime bug, which allowed just about anyone to turn an iPhone into a live microphone, stands a 14-year-old boy who stumbled upon the eavesdropping flaw more than a week before Apple took action. "The thing that surprised me the most was that this glitch happened in the first...

Apple opens new chapter amid weakening iPhone demand

Jan. 29, 2019 10:26 PM EST

SAN FRANCISCO (AP) — Apple hoped to offset slowing demand for iPhones by raising the prices of its most important product, but that strategy seems to have backfired after sales sagged during the holiday shopping season. Results released Tuesday revealed the magnitude of the iPhone slump — a 15...

Caterpillar stumbles; China's slowing growth begins to show

Jan. 28, 2019 11:59 AM EST

DEERFIELD, Ill. (AP) — Caterpillar fell well short of fourth-quarter profit expectations and the machine maker said that sales have begun to slow in China. Shares of the company, considered an economic bellwether, tumbled 10 percent Monday, the worst sell-off in more than seven years. The Dow slid 400...

EU's antitrust cop lays groundwork for more tech scrutiny

Jan. 21, 2019 7:21 AM EST

COPENHAGEN, Denmark (AP) — Silicon Valley's notorious nemesis, Margrethe Vestager, plans to end her term as the European Union's antitrust enforcer this year with a bang, laying out a long-term plan to intensify scrutiny of the world's big tech companies. As the EU's competition commissioner, Vestager is...

Stocks bounce back on US-China hopes; eyes on US jobs data

Jan. 4, 2019 7:29 AM EST

SINGAPORE (AP) — Global stocks rose Friday and Wall Street was set to open higher after heavy losses this week, as investors welcomed news of trade talks between the U.S. and China and braced for U.S. jobs data. European shares recouped losses from a day earlier, with Germany's DAX gaining 1.8 percent to...