October 15, 2005
* Apple Computer Inc. named Tim Cook operating chief, cementing his position as the No. 2 executive at the company and as a potential successor to Chief Executive Steve Jobs. * U.S. retail sales of video games for consoles and portable game players in September fell a larger-than-expected 24% from a year earlier to $347 million ahead of the all-important holiday season, analysts said. * A California court affirmed a jury verdict ordering Toshiba Corp. and a subsidiary to pay Lexar Media Inc.
September 9, 2008 |
Apple Inc. settled a lawsuit claiming that company directors and managers, including Chief Executive Steve Jobs, lied to shareholders about how they backdated option awards to maximize personal profit. U.S. District Judge Jeremy Fogel in San Jose tentatively approved the settlement of the so-called derivative lawsuit brought by Apple investors on behalf of the company against directors and officers for breach of corporate duties, said Fogel's clerk, Christian Delaney. Cupertino, Calif.
October 24, 2008 |
A false Internet report claiming that Apple Inc. Chief Executive Steve Jobs had suffered a heart attack was posted by a teenager, and investigators haven't found evidence that he tried to profit by driving down the stock, two people familiar with the matter said. The Securities and Exchange Commission is examining the 18-year-old's motives after the article, posted on a user-submitted news website run by CNN called iReport.com, sent Apple shares down as much as 5.4% on Oct. 3, according to the two people, who declined to be identified because the ongoing investigation isn't public.
June 9, 2011 |
Apple Inc. Chief Executive Steve Jobs has revealed plans for a new headquarters for the company that "looks a little like a spaceship. " The presentation about the proposed campus, designed to hold 12,000 employees, was made before the City Council in Cupertino, Calif., Apple's present home. The company hasn't formally submitted plans to the city, but the fact that Jobs — who is on medical leave from Apple but still participating in decisions — showed up in person for the presentation Tuesday surprised many in attendance.
January 19, 2011
'The Charming Quirks of Others': A review in the Jan. 2 Arts & Books section of Alexander McCall Smith's novel "The Charming Quirks of Others," the latest in his Isabel Dalhousie series, referred to Isabel's fiance, Jamie, as a cellist. He is a bassoonist. IPhone movie: A Jan. 15 article in Calendar about South Korean filmmaker Park Chan-wook's use of an Apple iPhone 4 to shoot his latest short film, "Paranmanjang," said the English title for the project was "Ups and Downs.
February 3, 2011 |
A shareholder proposal to force tech giant Apple Inc. to publicly release a succession plan for ailing Chief Executive Steve Jobs has gotten the backing of Institutional Shareholder Services, a firm considered to be one of the most influential investor advisors. The shareholder proposal was submitted in August by the Central Laborers' Pension Fund, which owns Apple shares. Jobs, who co-founded the company and is considered key to its enormous success, has had a series of health problems and underwent a liver transplant in 2009.