Apple CEO Tim Cook is taking a 40 percent pay cut in 2023

Apple CEO Tim Cook is taking a 40 percent pay cut in 2023

Tim Cook is getting paid around 40 percent lower than last year, according to the annual proxy statement (PDF) Apple has released — and the CEO himself recommended it. Apparently, during the tech giant’s annual advisory meeting for shareholders in 2022, only 64 percent of the “Say on Pay” votes cast regarding the compensation proposals … Read more

Congress blocks purchase of more Microsoft combat goggles

Congress blocks purchase of more Microsoft combat goggles

The US government has reportedly passed on buying more HoloLens-based AR combat goggles from Microsoft after discovering the current version has some kinks to work out, according to Bloomberg. So instead of ordering more of the current model, the government approved $40 million for Microsoft to develop a new version. The updated combat goggles will … Read more

Virgin Orbit clarifies the cause behind its ‘Start Me Up’ mission’s failure to reach orbit

Virgin Orbit clarifies the cause behind its ‘Start Me Up’ mission’s failure to reach orbit

Everything was going great until it wasn’t in the skies over Cornwall, UK on Monday. Virgin Orbit, the space launch division of Sir Richard Branson’s sprawling commercial empire, was in the midst of setting a major milestone for the country and the nation: to be the first orbital launch from European soil. The carrier aircraft, … Read more

FAA blames ‘damaged database file’ for major NOTAM outage

FAA blames ‘damaged database file’ for major NOTAM outage

There wasn’t anything particularly sinister about the Notice to Air Missions (NOTAM) outage that prompted the Federal Aviation Administration to ground US flights on Wednesday — it appears to have been a relatively simple glitch. As part of its early investigation, the FAA has determined that the outage was prompted by a “damaged database file.” … Read more

SBF thought it was a good idea to start a Substack

SBF thought it was a good idea to start a Substack

Sam Bankman-Fried is in a world of trouble. He’s facing up to 115 years in prison if he’s convicted of federal fraud and conspiracy charges. And yet the embattled founder of collapsed crypto exchange FTX — who has pleaded not guilty and is out on a $250 million bond while awaiting trial — figured it’d … Read more

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