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Apple's Tim Cook Says "Threat Profile" Of iPhone Justifies App Store Rules


Apple s Tim Cook Says Threat Profile Of iPhone Justifies App Store Rules
Apple s Tim Cook Says Threat Profile Of iPhone Justifies App Store Rules
Tim Cook is expected to spend more than two hours making what are likely to be his most extensive public remarks on the App Store, which anchors Apple s $53.8 billion services business.
Tim Cook said he had higher concerns about the phone than Mac computers. (FILE)
Apple Inc Chief Executive Tim Cook on Friday told a court the threat profile of the iPhone required tight control of the App Store, which Fortnite game maker Epic Games says is a monopoly that Apple abuses. ....

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Apple Bought Close to 100 Startups in the Last 6 Years


Photo: Graeme Jennings-Pool (Getty Images)
Apple has bought out just short of 100 small businesses over the last six years as part of its corporate acquisition spree, CEO Tim Cook told shareholders at a virtual meeting on Tuesday.
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According to Bloomberg, Cook said that Apple has been buying small companies at a rate of about one every three to four weeks. Notable acquisitions for Apple in the last year alone included VR/AR startups NextVR and Spaces, a weather app called Dark Sky, mobile payments service Mobeewave, and others. Apple has always tried to keep details of its acquisitions in the dark, but prices in the hundreds of millions for some of the firms have been suggested. Apple reportedly bought 20-25 companies in the six months preceding May 2019 alone. ....

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