Apple

Can't be bothered carrying small change By Anna Leach At a time when Facebook CEO Mark Zuckerberg is coming under flak for his personal gains from Facebook shares, Tim Cook has turned down a $75 million dividend on his Apple shares. It's the first time since Steve Jobs took over in 1997 that Apple are issuing shareholder dividends.

SAN FRANCISCO: Apple chief executive Tim Cook has opted not to take $75 million in dividend payout on restricted shares of stock he owns in the maker of iPhones, iPads, iPods and Macintosh computers. Documents on file with the US Securities and Exchange Commission on Friday said that while other Apple employees will be awarded quarterly "dividend equivalents" of $2.65 on restricted shares, Cook asked not to be included.

Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 million in 2011, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm. That was up more than 6 percent from the previous year, and is the second year in a row of increases.

Facebook has released a photo-sharing app called Facebook Camera. So how does it stack up with Instagram? By Matthew Shaer / May 25, 2012 Tweet 0 A little over a month after Facebook acquired photo-sharing hub Instagram for a reported $1 billion, the newly-public social network has released its own mobile photo app called Facebook Camera.

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