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BUSINESS
March 27, 2014 | By Chris O'Brien
Officially, the Microsoft press conference Thursday in San Francisco was intended to take the wraps off the long-awaited version of its Office for iPad. While it's a big deal, it was also the first public appearance of Satya Nadella since becoming Microsoft chief executive this year. And that, as much as a product launch, was what drew dozens of reporters to a Microsoft office in the city.  Nadella, dressed in a snug, black T-shirt and speaking comfortably in front of a series of big monitors, said the event was the first in a series of opportunities he would take to begin laying out his vision for where he wants to take Microsoft.  "Our customers want to know where we're going and what is our innovation agenda," he said.  Broadly speaking, that strategy is "mobile-first, cloud-first.
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NATIONAL
April 16, 2014 | By David Horsey
A beginning elementary school teacher in a small district in California makes around $40,000 per year. That's 2 or 3 thousand dollars more than poor Larry Ellison brings in -- but Ellison, the CEO of Oracle Corp., earns it in an hour. There's nothing that illustrates the vast and growing wealth gap in America more starkly than a list of the incomes enjoyed by the top business executives in the country. A new study done for the New York Times found that pay for the 100 top CEOs jumped 9% from 2012 to 2013, raising their median annual compensation to nearly $14 million.
BUSINESS
August 13, 2013 | By Chris O'Brien
Investor Carl Icahn announced Tuesday on Twitter that he had made a large investment in Apple Inc., calling the stock "undervalued. " The influential investor has become increasingly active in the tech sector in recent years. News that he has taken a stake in Apple predictably sent the stock soaring up $26.29, or 5.63%, to $ 493.65  in midday trading.   PHOTOS: Six things rich tech execs splurge on   Apple investors, who have endured a rough year as they watched the stock tumble from its all-time high last September, could barely contain their glee .  For the moment, Icahn said he is requesting that Apple Chief Executive Tim Cook and company officials pursue a bigger buyback of its stock to help raise the value.
NEWS
December 31, 2012 | By Sara Lessley
There's often a slow-down in news during the holiday season, with lawmakers out of town, businesses closed and many people on vacation. In turn, newspapers tend to run more feature stories, photos and retrospectives. Whether that touches readers' hearts -- or perhaps readers just have more time to write -- the letters to the editor at The Times often include thanks and appreciation this time of year. Here's a selection. And a happy New Year to all. Ann Bourman of Los Angeles savored a photograph : “Thank you for a lovely Christmas present -- a photograph of adorable children playing and singing Hanukkah and Christmas music in the Breed Street Shul.
BUSINESS
April 4, 2013 | By Chris O'Brien
The estimated cost of Apple's new campus in Cupertino, Calif., has skyrocketed from $3 billion to $5 billion over the last two years, according to Bloomberg Businessweek. Apple Chief Executive Tim Cook had previously said the completion of the campus had been delayed from 2015 to 2016. The Bloomberg report , citing unnamed sources, said part of the reason for the delay was that Apple was working with its architect, Foster + Partners, to cut $1 billion off the cost. PHOTOS: 10 tech companies to watch in 2013   The huge cost overrun is due to many of the extravagant features that cofounder Steve Jobs wanted for the new headquarters.  These include ensuring no seam or gap be visible on the building, using an expensive maple wood for the interior, and using large, curved glass panels for the windows that would have to be made in Germany and shipped to California.
BUSINESS
September 23, 2013 | By Salvador Rodriguez
Put down your friend's iPhone 5s. You have no idea what's been touching it. The latest Apple iPhone went on sale Friday and one of its signature highlights is a new fingerprint scanner built into the home button at the bottom of the device. The feature, called Touch ID, lets users quickly unlock their device while keeping others out. It can also be used to verify purchases. VIDEO CHAT: Unboxing the iPhone 5s But some Apple users are very strange and creative, and have quickly taken to YouTube and Twitter to confirm that users can scan and unlock the iPhone 5s using more than just fingerprints.
BUSINESS
February 12, 2013 | By Chris O'Brien
Apple's retail stores have been a phenomenon over the last decade, a cornerstone of the company's revival. But with some changes in leadership over the last year, there have been questions about the direction of Apple's retail strategy. During his appearance at the Goldman Sachs technology conference Tuesday, Apple chief executive Tim Cook reemphasized how crucial the stores remain to Apple. And he discussed the company's expansion plans for its stores by noting that they were becoming so popular, their capacity was being strained by the number of visitors.  QUIZ: Test y our Apple knowledge "Some of our stores aren't big enough," Cook said.
BUSINESS
October 5, 2013 | By Michael Hiltzik
An essential element of the Tim-Cook-Is-Not-Steve-Jobs meme is that its proponents have no idea about (1) who Steve Jobs was, and (2) how Apple performed under his leadership. An excellent example of the form is buried within Fred Vogelstein's article about Apple's iPhone appearing in this weekend's New York Times Magazine. Vogelstein commits a drive-by assault on Cook with this passage: "When Jobs died in October 2011, the prevailing question wasn't whether Tim Cook could succeed him, but whether  anyone  could.
BUSINESS
September 12, 2012 | By Salvador Rodriguez
Apple.com might be giving away some of Tim Cook's announcements planned for Wednesday, according to multiple reports. Nine to 5 Mac is saying that you can see some of what Apple has planned for its announcement Wednesday if you use the search function on the company's website. Among the secrets being divulged is the name of the next iPhone, which seems like it will be called the iPhone 5. Rumor roundup: The new iPhone If you go to this link , you can see various search results for the term "iPhone 5" that include a couple of URLs with the name in them.
NEWS
April 23, 2013 | By Peter Pae
Apple's stock is on a tear following the electronics giant's announcement it would buy back $60 billion in stock and boost its dividend 15% to $3.05 a share. The huge buyback plan and dividend increase eclipsed a somewhat disappointing second-quarter earnings report in which profit dipped for the first time in a decade. The company also forecast that its earnings in the current quarter would be lower. Apple shares are up more than $20 to $426.79 in after-hours trading. The stock closed at $406.13, up $7.64, in regular trading.
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