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Apple’s Tim Cook top-paid US CEO of 2011 with $378 million, says WSJ

Apple’s Tim Cook top-paid US CEO of 2011 with $378 million, says WSJ

tim cook apple

According to the Wall Street Journal‘s annual survey of CEO pay in the US, Tim Cook of Apple was by far the most handsomely compensated chief executive last year. He took home $ 378 million in 2011, almost all of which came from a grant of one million shares awarded last August. Cook’s base salary is $ 900,000, along with annual incentives to the same amount — almost insignificant next to his stock options, but a lot higher than the $ 1 that Steve Jobs famously drew.

Compensation tied to Apple’s performance

There are a couple of catches, though. Apple considers the share package compensation for the next ten years, so we might not see Cook riding quite so high on the list next time around. The package also comes with a set of restrictions…

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The Verge – All Posts

May 21, 2012 0 comments Read More
Facebook IPO ‘was not our finest hour,’ says NASDAQ chief

Facebook IPO ‘was not our finest hour,’ says NASDAQ chief

Facebook Nasdaq NYC Stock

Facebook’s long-awaited IPO experienced its fair share of setbacks on Friday, as NASDAQ dealt with a bevy of glitches and intense demand that accompanied the social network’s public listing. Today, NASDAQ chief executive Robert Greifeld conceded that the exchange is “humbly embarrassed” by the situation, telling reporters that Friday’s troubled launch “was not our finest hour.” Trading was initially delayed for 30 minutes in the morning, and the setbacks continued when a backlog of orders slowed things considerably and left some investors unsure of their status with the stock. Greifeld explained that unspecified problems with cancelled orders — which had gone undetected by the company’s tests leading up to the IPO — were a primary…

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The Verge – All Posts

May 20, 2012 0 comments Read More
Steve Jobs was ‘closely’ involved in upcoming iPhone redesign, says Bloomberg

Steve Jobs was ‘closely’ involved in upcoming iPhone redesign, says Bloomberg

iphone stock

The next iPhone will have a larger screen than the 3.5-inch form factor that has characterized Apple’s smartphone through all five of its iterations so far — that’s what The Wall Street Journal told us two days ago, Reuters affirmed yesterday, and Bloomberg is reiterating today. An extra bit of information coming out of Bloomberg, however, is that Apple’s former CEO, Steve Jobs, “had worked closely on the redesigned phone before his death in October.”

Back in 2010, Jobs famously criticized the move to larger form factors, opining that “no one’s going to buy” a big phone, though the overwhelming trend since then — particularly in Apple’s home market of the United States — has been toward ever-larger devices. Today’s revelation would…

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The Verge – All Posts

May 18, 2012 0 comments Read More
US Department of Justice says citizens have a broad right to record police officers on duty

US Department of Justice says citizens have a broad right to record police officers on duty

Security guard

The US Department of Justice sent a strongly worded letter to the Baltimore Police Department (BPD) on Monday, reprimanding it for insufficiently supporting the right of citizens to record video of officers on duty — a move that suggests the federal government is becoming increasingly concerned over related civil rights abuses. The DOJ is not satisfied with the BPD’s response to a settlement for a case involving the unlawful harassment and detention of a man named Christopher Sharp — just one of many similar incidents across the US involving police officers encroaching on the right of citizens to record their public duties.

The Baltimore police are using a convenient loophole that they think allows them to ignore the constitution

In…

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The Verge – All Posts

May 16, 2012 0 comments Read More
The Pirate Bay offline following ‘quite big’ DDoS attack, says Anonymous is not to blame

The Pirate Bay offline following ‘quite big’ DDoS attack, says Anonymous is not to blame

The Pirate Bay (Padded for 3:2)

The Pirate Bay has been offline for over 24 hours thanks to a distributed denial of service (DDoS) attack, according to the torrent site’s Facebook page. Though its operators aren’t quite sure who’s behind the front, they seem to have some suspects in mind. Contrary to rumors, however, Anonymous is not on the list. “Just to clarify, we KNOW that it is NOT Anonymous who is behind the ddos attack,” says a recent status update. The Pirate Bay criticized the hacking group for launching a DDoS offensive — its controversial weapon of choice against online targets — against Virgin Media last week, and it appears some falsely attributed today’s troubles as retribution for the public squabble. “We may not agree with Anonymous in everything,…

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The Verge – All Posts

May 16, 2012 0 comments Read More
Apple’s next iPhone will have a 4-inch display, WSJ says

Apple’s next iPhone will have a 4-inch display, WSJ says


Apple iPhone 5 Rumor 4-Inch Screen

Apple’s sixth-generation iPhone handset will reportedly feature a larger display that measures “at least 4 inches diagonally.” Mirroring numerous earlier reports, The Wall Street Journal on Wednesday cited multiple anonymous sources in claiming that Apple’s next iPhone will include a new larger display. The Journal adds that panel orders have been placed, however, and that Apple has tasked LG Display, Sharp and Japan Display with supplying the new screens. A recent report claimed the next-generation iPhone would utilize the same 3.5-inch screen found on Apple’s iPhone 4S and iPhone 4, however multiple earlier reports suggested that the new iPhone will finally receive a larger 4-inch Retina display and 4G LTE compatibility. BGR exclusively reported in December that Apple will launch a completely redesigned iPhone this fall that will include a redesigned antenna system, likely alongside a new aluminum case and 4-inch display.

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BGR: The Three Biggest Letters In Tech

May 16, 2012 0 comments Read More
Comcast responds to Xfinity app allegations, says it’s in compliance with net neutrality

Comcast responds to Xfinity app allegations, says it’s in compliance with net neutrality

Comcast sign

Comcast has responded to allegations that it privileges content for its Xfinity app for the Xbox 360 over competitors like Netflix, claiming that it does not prioritize its own content and that it is in compliance with the FCC’s open internet principles. Comcast says that the Xbox 360 “essentially acts as an additional cable box for your existing cable service,” and that it sends the content on a managed network that’s separate from its traditional cable delivery service. The ISP says that it provides “separate, additional bandwidth flow into the home for the use of this service — above and beyond, and distinct from, the bandwidth a customer has for his or her regular internet access service.” Comcast stresses that “in contrast to some…

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The Verge – All Posts

May 15, 2012 0 comments Read More
Google+ is a ghost town, study says

Google+ is a ghost town, study says


Google+

Google’s emerging social network Google+ may boast big user numbers, but a new study suggests that social activity and user engagement are anything but impressive. Intended to give Google a stronger grip on the massive amount of data shared by users on social networks, Google’s answer to Facebook opened its doors to the public last September. After using some user acquisition methods that seemed a bit desperate, Google revealed in December that Google+ was then home to 62 million users. Google+ boasted an impressive 100 million users as of early April, but according to eCommerce analytics firm RJ Metrics, the social network is not the waterfall of data Google hoped it would be.

Fast Company on Tuesday revealed the findings of an RJ Metrics study that analyzed data from a sample of 40,000 public Google+ accounts in an effort to determine just how successful the crown jewel in Google’s social network portfolio really is. According to the firm’s findings, Google+ is a ghost town.

The RJ Metrics suggests that an average post on Google+ gets fewer than one “+1,” the equivalent of a “like” on Facebook, and fewer than one reply as well. Links and other items shared publicly by Google+ users are re-shared just 0.17 times per post on average. Users covered by the study averaged about one post every 12 days, and usage per user declines each month after they make their first public post.

In what is perhaps the most concerning stat from the firm’s study, about 30% of users who make a public post on Google+ never make a second one.

In a statement provided to Fast Company, a Google spokesperson claimed that RJ Metrics’s findings are not accurate.

“By only tracking engagement on public posts, this study is flawed and not an accurate representation of all the sharing and activity taking place on Google+,” the Google spokesperson said. “As we’ve said before, more sharing occurs privately to circles and individuals than publicly on Google+. The beauty of Google+ is that it allows you to share privately–you don’t have to publicly share your thoughts, photos or videos with the world.”

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May 15, 2012 0 comments Read More
Lamia says Black Ops 2 visuals a priority, downplays age of engine

Lamia says Black Ops 2 visuals a priority, downplays age of engine

At this point, a portion of the current conversation surrounding Black Ops 2 is in regards to the engine powering it, version 3.0 of the Infinity Ward (IW) engine – IW 3.0 powered Call of Duty 4: Modern Warfare, Call of Duty: World at War and the original Black Ops. If you’re worried the visuals in Black Ops 2 won’t be up to snuff, Treyarch head Mark Lamia assures us all the engine has seen numerous tweaks, downplaying its age in a recent audio interview summed up over on One of Swords.

Lamia said “a pretty significant amount of work” in Black Ops 2 is going into the graphics and the lighting. “I think what people are asking for is for us to push. They want us to make a better-looking game; they want things. I don’t think those are things people can’t ask for. We asked ourselves that very same question – we wanted to advance the graphics. I think the questions are valid. The answer may not need to be an entirely new engine, but you might need to do an entire overhaul of your entire lighting system. The trick is, we’re not willing to do that if we can’t keep it running at 60 frames per second – but we did that this time.”

Lamia gave an analogy akin to remodeling a home – not with a rocket launcher, but rather he talked about sectioning off parts of the metaphorical house for more local improvements. “There’s a lot of good still in that foundation that you wouldn’t get rid of, and we don’t. We look to advance in the areas that support our game design. Engines, each time they get touched, they change. The creators alter them; they don’t modify what they don’t need to, and then they alter what they need to. You can’t make a competitive product if you’re not upgrading that engine along the way.”

JoystiqLamia says Black Ops 2 visuals a priority, downplays age of engine originally appeared on Joystiq on Tue, 15 May 2012 02:15:00 EST. Please see our terms for use of feeds.

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Joystiq

May 15, 2012 0 comments Read More
Former Microsoft exec says Apple killed the Zune before it even launched

Former Microsoft exec says Apple killed the Zune before it even launched


Apple iPod Killed Microsoft Zune

A former Microsoft executive in charge of the company’s Zune division has admitted its music players were a mistake, GeekWire reported. “The portable music market is gone and it was already leaving when we started,” Robbie Bach said at an entrepreneurs’ event in Seattle last week. “We just weren’t brave enough,” he said, admitting that Microsoft had been targeting Apple “and there wasn’t a reason for somebody to say, oh, I have to go out and get [Zune] that thing.” Bach regrets that he never pushed the company’s Zune software to Microsoft’s Windows Mobile team to “produce the coolest music service for your phones ever.” The former executive also blamed the Zune’s failure on a music industry that was “hooked” on Apple. “The music industry just didn’t get it,” he said, adding that Microsoft’s Zune marketing message was also very confusing. “I don’t think people walked away saying, this is what Zune is and this is why it’s different. This is why I have to have it. We did some really artsy ads that appealed to a very small segment of the music space, and we didn’t captivate the broad segment of music listeners,” Bach concluded.

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May 14, 2012 0 comments Read More