According to Bloomberg, Disney CEO Bob Iger's seat on Apple's board of directors could be at risk because Apple's streaming TV service product slated for launch later this year could easily turn the two friendly companies which share a board connection into fierce competitors.
Corporate
Apple buys patents from defunct home security camera maker Lighthouse AI
Apple recently snapped up a batch of US patents from Lighthouse AI, a defunct home security camera company that shuttered a few months ago. The acquired IP portfolio includes crucial patents related to the depth sensing technology used by Lighthouse's cameras.
The powerful people at Apple
Since taking over as Apple's boss, Tim Cook has added many new layers of management to the company structure. A new report details the most important people with power at Apple.
Apple has been reshuffling its executive team as it changes from an iPhone company to one where growth flows from services
Apple's 11-person executive team that remained largely unchanged for five years has been reshuffled as the company put some projects on hold and reorganized engineers with a focus on services. Yes, Apple is readying for life after iPhone whose sales plateaued a few years ago.
Apple promotes its longtime iPhone executive to a marketing head for augment reality
Apple has named its first head of marketing related to the burgeoning field of augmented reality. Frank Casanova, a company veteran who has been at the Cupertino firm since 1988, has become its new chief of worldwide product marketing for augmented reality.
Angela Ahrendts post-Apple: traveling, could take up a role at Ralph Lauren & more
Angela Ahrendts, Apple's outgoing Senior Vice President of Retail, has detailed her plans for life after Apple at Ralph Lauren’s fashion show Thursday morning, revealing that she is planning to enjoy some traveling before making any new commitments.
Cook to troops: Apple to “elevate” its in-store and online shopping experiences
Apple's retail boss and former Burberry CEO Angela Ahrendts will be leaving the company “for new personal and professional pursuits,” Apple announced Tuesday, and now Tim Cook has issued an internal memo to retail employees announcing the management shakeup.
Spotify: 30% earnings growth, 96 million paid subscribers, two podcast-related acquisitions
Spotify today announced that its 2018 holiday quarter earnings grew by thirty percent while giving investors a few newsworthy updates about the scope and breadth of its business.
Angela Ahrendts to depart Apple in April, Deirdre O’ Brien named SVP of Retail + People
Apple today announced that Angela Ahrendts, who is currently the company's SVP of retail, will be departing in April after 5 years. Her successor will be Dierdre O'Brien, under the official title of senior Vice President of Retail + People.
Apple’s charitable and volunteer efforts have raised $365 million in the past eight years
Apple Giving, the iPhone maker's charitable and volunteer initiative, has raised more than $365 million so far, with $125+ million donated to non-profits around the world in 2018 alone.
Apple’s chip wizard Johny Srouji is allegedly being considered for the CEO job at Intel
Johny Srouji, Senior Vice President of Hardware Technologies at Apple, is allegedly one of the semiconductor experts on Intel's list of potential candidates for the CEO job.
2 billionth iOS device shipped & other 2018 milestones highlighted in Apple’s SEC filing
Apple today filed the definitive proxy statement concerning its fiscal 2018. Aside from revealing executive salaries, compensations and bonuses, the SEC filing includes a bunch of tidbits such as the company's milestones, growth figures, the cost of flying private and more.