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Apple CEO Tim Cook's Pay Dropped 26% in 2019

Saturday, January 4, 2020, 1:03 PM

The annual compensation of Apple CEO Tim Cook dropped to Rs.83 crore ($11.56 million) in 2019, down 26% from Rs.113 crore ($15.7 million) in 2018. It comprises a $3 million base salary, $885,000 benefits for expenses such as use of private jets and $7.7 million incentive bonus, which was lower due to Apple exceeding its sales target by only 28%.
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GST revenue from 1-line service providers surges

Wednesday, January 1, 2020, 8:57 PM

Average-monthly GST payments in India by internet-based service providers including Netflix, Amazon Prime, Hotstar, Apple and Microsoft grew over 62% so far in the current fiscal compared with last year's level, as per GST Network-data. Given that these services have been taxed at 18% since start of GST, this reflects the robust expansion of the subscription base of these players over the past year.
 
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Apple, Tesla Among Companies Accused of Aiding Child Labour in DRC

Tuesday, December 17, 2019, 3:46 PM

Five of the world's largest tech companies have been accused of being complicit in the death of children in the Democratic Republic of Congo forced to mine cobalt, a metal used to make telephones and computers, in a landmark lawsuit. The legal complaint on behalf of 14 families from Congo was filed by International Rights Advocates, against Tesla, Apple, Alphabet, Microsoft, and Dell Technologies.

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