As of January 20, 2025, here are the latest developments concerning Apple Inc.:
Apple CEO’s Compensation Increase
Apple Inc. has announced an 18% increase in CEO Tim Cook’s compensation, raising it to $74.6 million for 2024. This adjustment is primarily due to higher stock awards. Additionally, the company has opposed a shareholder proposal to end its diversity program, asserting that it effectively manages legal and regulatory risks.
Apple Intelligence Expansion
Apple Intelligence, the company’s suite of artificial intelligence tools, continues to expand its availability. Initially launched in October 2024, it has been rolled out in the UK, Australia, Canada, New Zealand, and South Africa as of December 11, 2024. Plans are in place to introduce localized versions in additional countries, including Singapore, throughout 2025.
iOS 18.3 Beta Release
Apple has released the iOS 18.3 beta, unveiling a new app designed to streamline the organization of events and meetings. This app is expected to enhance user productivity and integrate seamlessly with other Apple services.
Siri Privacy Settlement
Apple has agreed to a $95 million settlement in a class-action lawsuit concerning Siri’s data usage. The company maintains that it has never used Siri data to build marketing profiles, made it available for advertising, or sold it to any third party. Apple continues to develop technologies to enhance Siri’s privacy features.
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