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Showing posts from January 12, 2023

Apple CEO Tim Cook Takes 40 Percent Pay Cut, Will Earn $49 Million in 2023

Apple is cutting Chief Executive Officer Tim Cook's compensation by more than 40 percent to $49 million (roughly Rs. 399 crore) in 2023, citing investor guidance and a request from Cook himself to adjust his pay. As part of the changes, the percentage of stock units awarded to Cook and tied to Apple's performance will increase to 75 percent in 2023 from 50 percent, as well as in future years, the company said in a regulatory filing Thursday. For 2022, Cook received compensation of $99.4 million (roughly Rs. 809 crore), including $3 million (roughly Rs. 24 crore) in base salary, about $83 million (roughly Rs. 675 crore) in stock awards and a bonus. That was up slightly from 2021, when his total pay package was $98.7 million (roughly Rs. 803 crore). Cook's latest pay was based on “balanced shareholder feedback, Apple's exceptional performance and a recommendation from Mr. Cook,” the iPhone maker said in the filing. The company also plans to “position Mr. Cook's annu

TikTok Banned From Government Devices in Two US States Over Security Concerns; Huawei, Tencent Also Barred

The governors of Wisconsin and North Carolina on Thursday signed orders banning TikTok on government devices due to cyber security concerns, joining other US states and the federal government in prohibiting the use of the popular video app. In addition to banning Chinese-owned TikTok from state devices, Wisconsin Governor Tony Evers said he was banning vendors, products and services from other Chinese companies including Huawei Technologies, Hikvision, Tencent Holdings - the owner of WeChat, ZTE Corp as well as Russian-based Kaspersky Lab. "In the digital age, defending our state's technology and cybersecurity infrastructure and protecting digital privacy have to be a top priority for us as a state," Evers said. North Carolina Governor Roy Cooper signed an order directing officials to develop a policy within 14 days that prohibits the use of TikTok, WeChat and "potentially other applications" that present cybersecurity risks on state devices. More than 2

iQoo 11 5G Now on Sale in India: Price, Specifications, Launch Offers

iQoo 11 5G is now on sale in India exclusively for Amazon Prime members. The new iQoo smartphone powered by Qualcomm's latest Snapdragon 8 Gen 2 SoC will be available for all buyers starting Friday, January 13 at 12pm IST. The handset launched earlier this week in two colour options. The iQoo 11 5G features a 6.78-inch 2K E6 AMOLED display and has triple rear cameras led by a 50-megapixel main sensor. It is backed by a 5,000mAh battery with support for 120W fast charging. The FlashCharge fast charging technology is claimed to fill the battery from zero to 100 percent in just 25 minutes. iQoo 11 5G price in India, launch offers The price of iQoo 11 5G has been set at Rs. 59,999 for the base 8GB RAM + 256GB storage variant and Rs. 64,999 for the top end 16GB RAM + 256GB storage model. The handset can be purchased in Alpha and Legend colour options. As mentioned, it is currently up for purchase in India via Amazon for Prime members. The handset will be available for all through i

Google Maps, Assistant Could Arrive in Porsche Cockpits as Carmaker Considers Software Integration

Porsche is considering fully integrating Google software into its car cockpit, a source close to the company said on Thursday, marking a shift in strategy for the newly listed carmaker. The deal, which is only being considered for the Porsche brand and not the Volkswagen Group more widely, would enable Porsche customers access to Google applications like Google Maps and Google Assistant without needing to connect the car to an Android phone. Spokespeople for Porsche and Google were not immediately available for comment. A spokesperson for Volkswagen software unit Cariad declined to comment. Porsche Chief Financial Officer Lutz Meschke said on a conference call last October that the company was in close contact with Google and Apple as well as Baidu , Tencent and Alibaba in China following the end of its cooperation with Volkswagen's Cariad unit on software research and development. Porsche had previously been reluctant to use Google software because Google asked for to

Vivo X90 Series Claims to Bring the First AI Airport Mode: Report

Vivo's X90 series smartphones, which launched as a new flagship series in China in November 2022, are expected to hit the global market on January 31. The Vivo X90 series includes the basic Vivo X90, the Vivo X90 Pro, and the Vivo X90 Pro+. Vivo has reportedly also made a formal announcement that it will release the world's first AI airport mode with the launch of this series. The Chinese smartphone manufacturer reportedly said that it is collaborating with sou.com on its AI engine, which will aid in the efficient detection of take-off and landing events. In an IT Home report ( via MySmartPrice), Vivo noted that it would result in a better, faster network and a high-quality user experience. Vivo asserted that the technology will boost network speeds by up to 79 percent. This does not impede performance, and the company claims it saves up to 30 percent of energy during flights. The technology will be readily accessible in the Vivo X90 and Vivo X90 Pro , both of which are p

Apple Watch Models Guilty of Violating Masimo Oximeter Patent, May Face ITC Import Ban: Report

Apple overstepped on one of five Masimo patents pertaining to using light sensors to assess the amount of oxygen in the blood, an International Trade Commission (ITC) judge has ruled. According to a report, the ITC issued an initial determination in its inquiry into Masimo and Apple on Tuesday. The ITC judge has ruled that by importing and selling watches with light-based pulse oximetry features and components, Apple infringed on one of Masimo's pulse oximeter patents. Masimo is a US-based medical technology company that develops patient monitoring devices. The judge ruled that the remaining four Masimo patents had not been violated. According to an MD+DI report , Masimo welcomed the ITC's ruling. "We are happy that the [administrative law judge] recognized Apple's infringement of Masimo's pulse oximetry technology and took this critical first step toward accountability,” Masimo CEO Joe Kiani said. “Today's decision should help restore fairness in the market.