Space Industry and Business News  
INTERNET SPACE
Apple's Tim Cook gets $750mn bonus payout
by AFP Staff Writers
New York (AFP) Aug 27, 2021

Apple chief executive Tim Cook has received a bonus of some $750 million, reflecting his performance at the US technology giant in his 10 years at the helm, a regulatory filing showed.

The Thursday filing with the Securities and Exchange Commission showed Cook's bonus was granted in some five million Apple shares, which were subsequently cashed out.

The bonus reflects a stock option plan implemented in 2011 when Cook took over as CEO from Steve Jobs shortly before the Apple co-founder's death.

Since then, Apple's market value has skyrocketed and the California giant's worth is estimated at more than $2.4 trillion.

The stock award included 1.1 million shares granted based on Apple's performance and 3.9 million time-based share awards, all of which were vested this month.

Cook still owns some 3.2 million Apple shares worth $483 million at today's value.

His net worth is estimated by Forbes magazine at some $1.4 billion, well below that of other Silicon Valley tech leaders.

The Alabama native held a variety of jobs at Apple before taking over from Jobs as CEO.

Under his leadership, the iPhone maker expanded into new areas of digital content and subscriptions to diversify its revenue stream.

tu-rl/sw

APPLE INC.


Related Links
Satellite-based Internet technologies


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


INTERNET SPACE
Study: Cellphones, smartwatches may interfere with medical implants
Washington DC (UPI) Aug 26, 2021
A new study has reinforced a warning from the U.S. Food and Drug Administration that some smartphones and smartwatches can disrupt the functioning of pacemakers and other implanted devices. Published in the journal Heart Rhythm on Wednesday, the study supports recommendations from the FDA that consumer electronics be kept away from implanted medical devices, particularly pacemakers and cardiac defibrillators. These devices are implanted in patients to help with heart rhythm disorders, su ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

INTERNET SPACE
New technology lays groundwork for large-scale, high-resolution 3D displays

Small structures on a large scale

Department of Energy invests in novel research in high-performance algorithms

Lockheed Martin develops high-performance, low cost hybrid antenna for 5G, radar and remote sensing

INTERNET SPACE
Northrop Grumman demonstrates open architecture high-speed connectivity

Hughes awarded IDIQ Contract by U.S. Air Force to offer enterprise satellite networking solutions

Last Tianlian I satellite placed in orbit

China's relay satellites facilitate clear, smooth space-ground communication

INTERNET SPACE
INTERNET SPACE
Space Systems Command declares three GPS III space vehicles "Available for Launch"

Virginia company licenses NASA relative navigation technology

2nd SOPS accepts new GPS satellite

GMV develops a new maritime Galileo receiver

INTERNET SPACE
US mobilizes commercial airlines for Afghan exit in rare crisis measure

Russian military plane crashes during test flight, killing three

First KC-46A tanker built for Japan gives, receives fuel for first time

NASA tests machine to power the future of aviation propulsion

INTERNET SPACE
Researchers develop novel analog processor for high performance computing

LED material shines under strain

A peculiar state of matter in layers of semiconductors

UVA research group opens a path toward quantum computing in real-world conditions

INTERNET SPACE
On the trail of methane sources in Scandinavia

Protecting the ozone layer also protects Earth's ability to sequester carbon

The Congo rainforest makes its own spring rain

Leak and destroy: On the hunt for climate killing gas

INTERNET SPACE
Plastic threatens migratory species in Asia-Pacific: UN

Kuwait aims to transform 'tyre graveyard' into new city

Illegal mining on Brazil indigenous land up 500% in decade

Spain's Mar Menor lagoon 'paradise' spits out tonnes of dead fish









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.