January 23, 2007 |
Apple Inc. Chief Executive Steve Jobs was questioned by U.S. government investigators about backdating of employee stock option grants at the company, lawyers familiar with the matter said. Jobs met with officials from the Securities and Exchange Commission and the Justice Department last week in San Francisco, said the people, who spoke on condition of anonymity because the interviews were confidential.
September 5, 2007 |
Microsoft Corp. said Tuesday that it was "not unreasonable" for the company to introduce a mobile phone combined with features of its Zune digital music player to compete with Apple Inc.'s iPhone. The Zune phone, a topic of speculation for months since Microsoft introduced its first digital music player last year, could be driven by consumer demand for one multimedia device that makes phone calls, plays music and takes pictures.
September 5, 2007 |
The iPhone can be bought in China, even though Apple Inc. isn't selling it there, and the gadget doesn't function properly despite costing twice as much as in the United States. Enthusiasts willing to pay 8,800 yuan -- $1,170 -- can buy the phone at electronics markets in Beijing, Shanghai, Shenzhen and Guangzhou, the electronics newspaper Dian Nao Bao reported in its Monday editions. In the U.S., the combination cellphone-iPod media player can be had for $499.
November 15, 2007 |
Apple Inc. won dismissal Wednesday of a shareholder lawsuit claiming that company officers including Chief Executive Steve Jobs were overpaid with illegally backdated option awards. Apple, maker of the iPod and iPhone music-and-video players, said last year that 6,428 stockoption grants issued between 1997 and 2002 were backdated.
April 17, 2007 |
Apple Inc. Chief Executive Steve Jobs received a salary of just $1 last year, documents filed Monday with the Securities and Exchange Commission said. Since returning in 1997 to the helm of the company he co-founded and catapulting Apple to record profit, the legendary Silicon Valley executive has opted to get only a token paycheck. But as of March 20, Jobs, 52, still owned more than 5.4 million restricted shares, worth about $494 million at Monday's closing price of $91.43.
October 11, 2007 |
Complaints over Apple Inc.'s use restrictions and recent software update for the iPhone have erupted into two lawsuits alleging that Apple and its carrier partner, AT&T Inc., engaged in illegal monopolistic behavior. The lawsuits were filed Friday in San Jose -- one in federal court and the other in state court. Both are seeking class- action status. The federal case accuses the companies of unfair business practices and violations of antitrust, telecommunications and warranty laws.
February 22, 2007 |
Cisco Systems Inc. and Apple Inc. agreed to share the iPhone brand, settling Cisco's lawsuit for trademark infringement. The agreement allows both companies to use the iPhone name and calls for their products to work together in the future, the companies said Wednesday in a joint statement. The settlement ends a six-week dispute between the Silicon Valley giants and puts Cupertino, Calif.
July 10, 2013 |
A federal judge ruled Wednesday that Apple Inc. led a conspiracy to raise the price of e-books. U.S. District Judge Denise Cote ruled against the Cupertino-based tech company after a trial in which the Department of Justice accused Apple of pressuring publishing companies to raise their prices in order to weaken rival Amazon.com. Now, Apple is liable for civil antitrust violations. LIVE DISCUSSION: Join us at 1:30 p.m. as we discuss the Apple ruling Join us at 1:30 p.m. as Times' staff writers Chris O'Brien and Andrea Chang discuss the ruling.
June 3, 2013 |
Shares of Pandora Media Inc. tumbled Monday after reports surfaced that Apple Inc. had taken a key step toward launching its own music streaming service. Warner Music Group has signed a publishing and recorded music licensing deal with Apple for its long-rumored Pandora rival, widely referred to as iRadio , according to multiple reports. About halfway through Monday's stock-market session, Pandora shares were trading at $15.06, down $1.96, or 12%, from Friday's closing price.
February 7, 2014 |
Chief Executive Tim Cook said Apple Inc. repurchased $14 billion of its stock over the last two weeks after a weak outlook caused its share price to plunge. In an interview with the Wall Street Journal, Cook said he was "surprised" by the 8% drop one day after the company's first-quarter earnings report. Apple projections for sales in the quarter ending in March were below what analysts had expected, and perhaps signaling its first year-over-year decline in revenue in more than a decade.