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BUSINESS
November 2, 2011 | By Hayley Tsukayama
Apple chief executive Tim Cook hasn't made many changes to the company since taking over as its top executive in late August, but he has made a few. According to a report from the Wall Street Journal, Cook is taking the advice of business analysts and his late boss Steve Jobs by setting up his own path for the company. The report said that Cook has stepped in to make some administrative changes, separating the company's education division into sales and marketing groups, and putting iAds under the supervision of Eddy Cue, now the...
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BUSINESS
June 14, 2013 | By Hayley Tsukayama
Apple is facing serious questions over the way it's chosen to price e-books, but one of the firm's top executives said Thursday that he had to work hard to make the iBooks store happen at all. CNET reported that Eddy Cue, senior vice president of internet and software services, said in testimony at the Apple e-books trial that his late boss, Apple co-founder Steve Jobs, wasn't originally sold on the idea. According to the report, Cue said that while he thought that company would benefit from having a...
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BUSINESS
October 17, 2011 | By Hayley Tsukayama
The funeral of Apple co-founder Steve Jobs was a small but well-attended affair, according to news reports. Mourners said goodbye to Jobs, who was famously private about his personal life, at a gathering Sunday night on the campus of Stanford University . According to the New York Times, attendees included Bill Clinton, Microsoft co-founder and Jobs's long-time business rival Bill Gates and singer Joan Baez, who once dated Jobs. Others, the report said, included Oracle CEO Larry Ellison, Dell CEO Michael Dell and Pixar's John...
BUSINESS
June 13, 2013 | By Cecilia Kang
NEW YORK — Apple senior executive Eddy Cue said in federal court Thursday that some popular e-book titles may have gotten more expensive after his company got into the business but that Apple was not to blame for those price hikes. Cue, the head of Apple's iTunes business, has been portrayed by the government as the "chief ringleader of the conspiracy" between Apple and major publishers to force all retailers to increase e-book prices. To provide evidence of that collusion, federal prosecutors noted the...
BUSINESS
October 5, 2012 | By Hayley Tsukayama
There are conflicting storylines out there about Apple in the post-Steve Jobs era. One comes from its balance sheet. In the year since the Apple co-founder died at the age of 56, his company has flourished. The company has set record sales for the iPhone and the iPad. It's the most valuable company in the world. And its stock has skyrocketed — from around $377 a share on the day Jobs died to more than $650 Friday. In a statement, Apple chief executive Tim Cook paid tribute to his former boss and reaffirmed that Jobs's ideals run deep at...
NATIONAL
October 3, 2011 | By Nancy Koehn
This piece is part of this week's On Leadership roundtable exploring Tim Cook's succession of Steve Jobs as CEO of Apple, and how to follow in the footsteps of an icon. At this week's iPhone 5 launch, we have our first official glimpse into Tim Cook's leadership style as he takes the stage as Apple's CEO. Many wonder how Cook will handle running a business handed over by one of greatest leaders and entrepreneurs of our time, Steve Jobs. Jobs is an icon who forever changed the way we connect.
OPINIONS
October 7, 2011
The headline of the Oct. 6 front-page article marking Steve Jobs's death, "Apple's visionary changed computing," didn't capture his broader legacy at home and abroad. At a time of faltering American competitiveness, Mr. Jobs stood out as an iconic symbol of the ingenuity that has helped us serve as a commercial, technological and ideational beacon for others. Mr. Jobs's platforms spawned entirely different business models in the recording industry and beyond, while fueling the growth for applications that would leave users wondering...
BUSINESS
October 24, 2011 | By Hayley Tsukayama
Steve Jobs thought that the "Antennagate" issue — the reception problems that hounded the iPhone 4 — was blown out of proportion by Apple's competitors, Walter Isaacsons's biography, "Steve Jobs" reveals. The book, on real and virtual shelves today, said that Jobs "insisted that the problem stemmed from Google and Motorola making mischief. " But Isaacson's book reveals that Apple was aware of the problems before the phone went to stores, and that the antenna problems were a direct result of the Jobs and product designer...
BUSINESS
October 6, 2011 | By Joshua Topolsky
Steve Jobs, co-founder and former CEO of Apple Inc., passed away on Wednesday, October 5th, 2011 at the age of 56. Born on February 24th, 1955 in San Francisco, Steven Paul Jobs was adopted as an infant by Paul and Clara (née Hagopian) Jobs. While attending Homestead High School in Cupertino, California, Jobs began working at Hewlett-Packard where he met Steve Wozniak. After graduating from high school in 1972, Jobs attended Reed College in Portland, Oregon, but dropped out after one semester, returning to California in...
BUSINESS
October 6, 2011 | By Peter Whoriskey
For one of the nation's most famous billionaires, Steve Jobs kept a low profile as a charitable donor. Unlike fellow tech leaders Bill Gates and Mark Zuckerberg of Facebook, he did not sign the Giving Pledge , the effort under which the nation's richest individuals commit to giving at least half their wealth to philanthropy. His name is absent from the list of gifts of $1 million or more maintained by Indiana University's Center on Philanthropy. And it wasn't until after an unflattering media report...
BUSINESS
June 13, 2013 | By Associated Press
NEW YORK — A top Apple Inc. executive described as Steve Jobs' right-hand man took the witness stand at a Manhattan price-fixing trial and denied scheming with major book publishers to drive up the cost of electronic books. Eddy Cue was questioned about meetings he had in 2009 with chief executives of publishing houses about what they called their "Amazon problem" — the discounted $9.99 price that Amazon.com set for e-books on its Kindle. "They expressed to us that they wanted higher prices," he...
BUSINESS
June 7, 2013 | By Max Ehrenfreund
Documents describing U.S. intelligence analysts' access to user data could potentially alienate customers for several major technology corporations, but among the companies apparently involved, Apple in particular has been confronting a large amount of negative publicity in recent weeks. On Tuesday, a U.S. trade agency ruled that several older iPhones and iPad models infringed on a patent held by Samsung : If upheld, the ruling would show that at least some of Apple's...
BUSINESS
June 3, 2013 | By Cecilia Kang
NEW YORK — Apple's late founder, Steve Jobs, was a key figure Monday in the Justice Department's suit against the Silicon Valley giant for allegedly leading an illegal scheme to raise the prices of e-books. But the focus on Jobs's role in conversations and deals made three years ago creates an odd dilemma for the court and was protested by Apple's attorneys. Justice painted the iconic tech leader as the "chief ringleader" of a joint scheme with publishers to raise prices of e-books by $3 to $5...
BUSINESS
April 23, 2013 | By Hayley Tsukayama
Apple's earnings report Tuesday comes amid a major fall that's seen the company's stock lose nearly 25 percent of its share price since the beginning of the year. Apple shares were up slightly in Tuesday morning trading, jumping back above the $400-mark after closing in the high 300s for the past few days, but dropping 44 percent since prices topped $700 per share in September. Shares are, however, trading higher than they were when Apple Chief Executive Tim Cook took over from...
LIFESTYLE
April 2, 2013 | By Peter Marks
That dependably major meteorological event, Hurricane Daisey, has swept back into Washington. As with past storms of this variety, the latest one seeks to shake an institution to its foundation and rattle the complacency of the natives. The organization laid siege to is the World we call Disney, and the gale-force disturbance is the Daisey who goes by Mike. In the enjoyably withering new monologue he's brought to Woolly Mammoth Theatre, "American Utopias," Daisey by turns marvels over and sticks his lethal tongue out at...
OPINIONS
February 14, 2013 | By Danielle Allen
Danielle Allen is a professor of social science at the Institute for Advanced Study in Princeton, N.J. Her forthcoming book, co-edited with Rob Reich, is " Education, Justice, and Democracy . " In his State of the Union address , President Obama announced that the Education Department would launch another competition to spur educational reform in the states. Four years ago, the Race to the Top program drove changes in state policy on charter schools, teacher tenure, and standards and...
BUSINESS
December 22, 2011 | By Hayley Tsukayama
Steve Jobs was named a posthumous Grammy winner Wednesday, getting a nod from The Recording Academy as a recipient of the Trustees Award. In a news release, The Recording Academy highlighted Jobs's contributions to the music industry. "As former CEO and co-founder of Apple, Steve Jobs helped create products and technology that transformed the way we consume music, TV, movies, and books. " the news release said. "A creative visionary, Jobs' innovations such as the iPod and its counterpart, the online iTunes store,...
NEWS
January 15, 2009 | By Michael Arrington
If there's one thing we can all take away from Steve Jobs stepping down temporarily from Apple , it's this: People love Apple like no other brand, and they are rightfully scared that an Apple without Steve Jobs is not really Apple at all. (we also know that CNBC's Jim Goldman got pwnd, but that's another story). How sick is Steve Jobs? His message is ominous: "my health-related issues are more complex than I originally thought," but Jobs left Apple before in 2004 for Pancreatic cancer surgery and...
BUSINESS
February 11, 2013 | By Hayley Tsukayama
Bill Gates held court on Reddit on Monday, becoming just the latest notable figure to submit to the site's open question-and-answer sessions. Gates ostensibly started an "Ask Me Anything" conversation on Reddit to talk about his annual letter, which outlines his thoughts about the state of the world. But, in the true spirit of the feature, was also happy to chat about Microsoft products, his portrayal in the film "Pirates of Silicon Valley" and his relationship with the late Steve Jobs.
BUSINESS
January 28, 2013 | By Craig Timberg
Analysts blamed flat profits for the steep slide in Apple's stock price last week. But what's ailing the iconic tech company is not a profitability problem. It's an innovation problem. And, perhaps, an expectations problem. Nearly three years have passed since Apple last revolutionized the world of consumer electronics, with the release of the iPad. Since then, competition has grown increasingly fierce within the markets that this and previous Apple innovations helped create.