Wrapped up in an acquisition deal of the Viant company, Time Inc. has purchased a platform to distribute news stories in the form of the aging social network Myspace. While MySpace certainly doesn’t have the reach of Facebook, the site still brings in tens of millions unique views each month. Ideal for Time Inc., the company may be able to expose users to content from such media entities as Time, Entertainment Weekly, Sports Illustrated, People and Fortune.Of course, this will give Time Inc. access to the email database of past and present Myspace users. Utilizing an email campaign to re-engage with those users, Time may attempt to bring content to users through email delivery. Both email campaigns and content distribution on the Myspace site are two strategies that Viant CEO Tim Vanderhook told Business Insider about in an interview earlier today.Myspace has traveled a rocky road since the social network was purchased by News Corp. for $580 million … [Read more...] about Time Inc. purchases Myspace, may use it for content distribution
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If you judged the success of Tim Cook’s first full year in charge of Apple Inc. by the size of his financial remuneration, you might get the impression that 2012 had been a very bad year indeed. Cook’s compensation for the latest fiscal year from the company has been revealed to be $4.2 million; a sizable figure, but nowhere near the $378 million he received from the company last year. Despite the lower compensation however, the current CEO of the trendsetting tech — and increasingly lifestyle — company has actually been given a pay raise for the year. Confused?2012 has actually been a relatively good year for Apple, with the company increasing its share of the American smartphone market from last year’s 35.8 to the current 53.3 percent, thanks to the continued success of the iPhone 4S and September launch of the iPhone 5. With this increase of marketshare came the news that the company’s iOS operating system has overtaken Android as the top … [Read more...] about Did Apple CEO Tim Cook really get a 98 percent pay cut this year?
Tim Cook and Steve JobsTim Cook has set himself apart from Steve Jobs over the last two years. Is it a good thing for him to be his own man or should he be more like Steve Jobs? TG has four things that Tim Cook has done that Steve Jobs would probably never have done.CEO of Apple, Inc. — Tim Cook — is his own man. He is no Steve Jobs (who is?) and has certainly done many things differently than Jobs would have. This isn't to say that Cook’s direction is poor, and Jobs was perfect. Stated another way, Apple is no longer running on Jobs’ legacy thoughts and leadership. The ship is truly Tim Cook’s to maneuver.Four things Tim Cook did that Steve Jobs probably would never have done:1. Non-Profit Matching Funds2. Maps Apology3. Going Into Debt4. Firing of Scott ForstallMore at TGI'm actually relieved that Tim Cook has gone his own way. It probably would have been a disaster if he'd tried to follow in the footsteps of Steve Jobs. Jobs wasn't always right, and his … [Read more...] about Should Tim Cook be more like Steve Jobs?
Are you sitting down? The Macalope hopes so because he has some shocking news. It turns out… sometimes people write things on the Internet for reasons they may not completely reveal up front. I know, right?Anyway, totally unrelated, the Macalope found this gem over at Seeking Alpha. The author is listed as “Standard Investment Company Inc.” which is the perfect kind of bland for such banalities. “Tim Cook Needs To Be Replaced.”You’d think that any article saying Cook needs to go should also suggest who in the wide, wide world of sports could replace him but, nope.“Well, I think we should do away with gravity!”But… but… how would we keep from flying off the Earth and into space?“Look, I can’t be responsible for handling all the details…”Presumably Cook’s replacement should be one of the obvious choices like Elon Musk, a basket full of fluffy bunnies or Batman.Tim Cook, the CEO of Apple … [Read more...] about Hit and run: Questioning Tim Cook for fun and profit
It’s the second week of 2014, and I’m on my way to visit the world’s innovation center, Silicon Valley, for the first time. Get the Free Tracker App to find a Nintendo Switch in Stock My destination: 2882 Sand Hill Road, Menlo Park in California. I’m to meet Tim Draper, founder of venture capital firm Draper Fisher Jurvetson. (Tim Draper On Venture Capital Returns) (Tim Draper On China and Investing In Chinese Tech Companies)DFJ’s office is surrounded outside by fountains and manicured lawns. The air smells of flowers and the fragrance of clean earth. I started taking deep breathes. Clean air like this is something that a mountain of gold can’t buy in the Chinese big city from where I come.Draper is intimately involved with the potential solution to alleviate China’s environmental disaster. Tesla Motors Inc., an electric car company that DFJ invested in, is building a Tesla Motors dealership in Beijing. The company says that hundreds of … [Read more...] about Tim Draper Loves Bitcoin, Pebble Watch And China
While Apple Incorporated has given a whole lot of assurance regarding its fingerprint authentication system on the iPhone 5S, Senator Al Franken thinks otherwise. This venerable politician has penned a letter to Apple CEO, Tim Cook asking clarification regarding the loopholes in this new ID system. Especially as regards privacy matters, there are some doubts that need to be addressed properly. The senator is a knowledgeable man who knows how to deconstruct the information given by an agency regarding its product. That is why he has asked a series of questions that go to the root of the matter. Tim Cook will have a hard time answering each and every one of the queries that Senator Al Franken lists in his letter. Al Franken said explicitly in the letter that while passwords are private and can be changed, fingerprints are public and cannot be changed. He was especially concerned over the fact that were some criminal to get a hold of your iPhone fingerprint system, he could use it to … [Read more...] about Senator Al Franken Wrote Letter To Tim Cook Over IPhone 5S Touch ID Privacy Concerns
CUPERTINO, Calif. (AP) — Apple CEO Tim Cook is still trying to convince shareholders that the iPhone maker remains a step ahead in the race to innovate, even though recent performance of the company's stock lags behind other technology trendsetters.In making his case Friday, Cook struck a familiar refrain during Apple's annual shareholder meeting at the company's Cupertino, Calif. headquarters.Cook promised that Apple Inc. is working on new gadgets that will expand the company's product line-up beyond smartphones, tablets, music players and personal computers without divulging any details. He cited the company's nearly $4.5 billion investment in research and development during the last fiscal year and the completion of 23 acquisitions in the past 16 months as a precursor of the big things to come."There is a ton of stuff going on," Cook said.On the financial side, Cook told shareholders that Apple's board will announce whether the company will increase its dividend and spend more … [Read more...] about Apple CEO Tim Cook Teases, Reassures Shareholders
SAN FRANCISCO (AP) — "Think different" became Apple's creed during the late Steve Jobs' reign as CEO. Now, chief executive Tim Cook is embracing the idea while making decisions that would have seemed crazy to his fabled predecessor.Apple's pending purchase of headphone maker and streaming music company Beats Electronics for $3.2 billion is just the latest example of Cook's deviation from Jobs, who had so much confidence in his company's innovative powers that he saw little sense in spending large amounts of money on acquisitions.Cook became chief executive in late August 2011, roughly six weeks before Jobs died. But in a number of ways, he is just beginning to put his own imprint on Apple. Cook is straying from Jobs' cash-hoarding habits by committing to return $130 billion to shareholders through dividends and stock buybacks. He has orchestrated a company stock split and agreed to match employees' charitable contributions up to $10,000 annually.Under Cook's leadership, Apple … [Read more...] about Apple CEO Tim Cook Dares To Be Different From Steve Jobs
Tim cook has given people the opportunity to bid for a lunch date with him on the biding site charity buzz. The bid is for an exclusive lunch with the CEO of Apple Inc. Charitybuzz is a fundraising website which has organized this charity auction for third year in a row.Tim Cook and the highest bidder will also accompany him on a special Apple event as a special guest. The proceeds from the bid will all go the non-profit organization Robert F. Kennedy Human Rights. The RFK Human Rights organization is aimed at working to make the world a better and more equal place and Tim Cook has been associated with the organization for a long time.The lunch date with the bidder who has the highest bid will take place on the campus in Cupertino, California and the bidder will also accompany Cook on an undisclosed keynote event of Apple Inc. as a special guest. The estimated value is set to be $100,000. However, the bid goes higher as the current highest bid is $155,000 out of total 17 bids.The bid … [Read more...] about Lunch With Tim Cook Requires More Than $155,000
NEW YORK (AP) — You've got gaffes. Get the Free Tracker App to find a Nintendo Switch in Stock AOL chief executive Tim Armstrong isn't one to mince words. Over the weekend, he apologized for insensitive comments and backtracked from an unpopular plan to pay matching 401(k) retirement contributions in a lump sum at the end of the year. Armstrong had previously defended the proposal by citing the high cost care for two "distressed babies" born to employee families.It wasn't the first time Armstrong made headlines for appearing brusque and indifferent to employees. Last summer, he abruptly fired a high-ranking staffer during a meeting in which about 1,000 employees participated via conference call.Why does Armstrong still have a job? Since taking charge in April 2009, he has revived an ailing company known for its 1990s era dial-up Internet service and its "You've got mail" slogan.The former Google advertising chief was hired to supervise AOL's separation from Time Warner Inc. … [Read more...] about AOL’s Tim Armstrong: Getting The Job Done Despite Some Gaffes