Apple

Apple boss Tim Cook faces backlash to £73m pay package

Institutional Shareholder Services (ISS) said it has "significant concerns" over the size of the award, up from $14.8m the year before.

Mr Cook, whose net worth is reportedly more than £1bn, received the pay in shares, salary, and for other costs.

The BBC has contacted Apple for comment.

In a letter to shareholders, the ISS said there are "significant concerns" over the "design and magnitude" of the package. "Half of the award lacks performance criteria," ISS said.

Apple moves to stop AirTag tracking misuse

The button-sized devices are designed to work with Apple's 'Find My' network to locate lost items.

The company said its changes to the device will make suspicious tags easier to find, and alert users earlier that an AirTag may be travelling with them.

In January, a number of women told the BBC they had been followed using AirTags.

Apple launched AirTags in April last year. The small, circular devices can be attached to luggage or keys - anything you could lose.

Apple becomes first firm to hit $3tn market value

The firm's share price has risen by around 5,800% since co-founder and former chief executive Steve Jobs unveiled the first iPhone in 2007.

However, its value slipped a little from that milestone, to end Monday's trading session in New York at $2.99tn.

Apple has been one of the big winners of the pandemic, as coronavirus lockdowns saw spending on gadgets jump.

"Hitting $3 trillion is another historical moment for Apple as the company continues to prove the doubters wrong," Dan Ives, an analyst from Wedbush said.

Apple to fix iPhone 13 Face ID screen repair glitch

The model contains a chip that "pairs" a screen with a specific phone and requires special software tools to "match" a new one.

Repair firms have found that without those tools, the facial-identification security function no longer works.

Apple, whose repairers use the tools, says it will issue a software update.

The feature has been widely criticised by right-to-repair advocates, who suggest it was included to limit who could repair iPhones.

The issue was first reported by iFixit, a company specialising in tools, parts and tech repair guides.

Amazon, Facebook and Apple thriving in lockdown

Amazon sales soared 40% in the three months ending June, while Apple saw a surge in purchases of its iPhones and other hardware.

At Facebook, the number of people on its platforms, which include WhatsApp and Instagram, jumped by 15%.

The gains come as the firms face scrutiny over their size and power.

At a hearing in Washington on Wednesday, lawmakers grilled the companies about whether they were abusing their dominance to quash rivals, noting the sharp contrast between their fortunes and many other firms.

Apple is overhauling the iPhone homescreen and upgrading AirPods

The updates, announced at Apple (AAPL)'s annual Worldwide Developers Conference on Monday, highlight the company's continued effort to insert itself into seemingly every corner of our lives, from our cars and living rooms to our personal health, while also confronting the potential for app fatigue more than a decade after the App Store launched.

Apple claims 'half a trillion dollars' App Store economy

The firm said more than 85% of that figure occurred via transactions from which it did not take a commission.

The announcement comes at a time Apple and other US tech giants are facing increased anti-competition scrutiny.

A leading developer has also called on the iPhone-maker to lower the fees it charges, ahead of its annual developers' conference next week.

An Apple representative told the BBC that it was proud of the commerce that it had enabled and welcomed scrutiny of its App Store.

Apple tracks changes in travel behavior

The Mobility Trends Report produces three daily percentage figures, showing how many fewer people are driving, walking and using public transport compared with on 13 January, before the coronavirus lockdowns came into effect.

It covers major cities and national figures for 63 countries. Hong Kong is included but not mainland China.

It follows a similar effort by Google.

Apple and Google team up to contact trace Covid-19

They hope to initially help third-party contact-tracing apps run efficiently.

But ultimately, they aim to do away with the need to download dedicated apps, to encourage the practice.

The two companies believe their approach - designed to keep users, whose participation would be voluntary, anonymous - addresses privacy concerns.

Their contact-tracing method would work by using a smartphone's Bluetooth signals to determine to whom the owner had recently been in proximity for long enough to have established contagion a risk.

Apple cancels The Banker film premiere over 'concerns'

The Banker is based on the true story of two black businessmen who overcame racial prejudice by enlisting a white man to front their bank in 1960s Texas.

Apple did not give details about the nature of the concerns.

But Hollywood media reported they related to complaints from the children of one of the men, Bernard Garrett.

The red carpet premiere was due to take place on the closing night of the American Film Institute [AFI] Festival in Los Angeles on Thursday. The film is due to have a cinema release on 6 December before being available on Apple TV+ in January.