iOS 8: Apple polishes Maps data, adds public transit directions service

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Apple is readying an upgraded version of its iPhone, iPad, and iPod touch Maps application for the next major release of iOS in an effort to battle Google for mobile maps supremacy, according to sources briefed on the plans. Apple CEO Tim Cook, Senior Vice Presidents Eddy Cue and Craig Federighi, and Maps head Patrice Gautier are using the new app to move toward fulfilling a promise to users that the iOS Maps application will eventually live up to the “incredibly high standard” of Apple’s customers…

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Apple CFO Peter Oppenheimer to retire in September, Luca Maestri to take over

Apple has announced that its CFO Peter Oppenheimer is leaving Apple for retirement in September this year. Luca Maestri, vice president of finance, will take over as CFO. The transition will begin in June to smooth the changeover from Oppenheimer to Maestri.

Oppenheimer has been at Apple since before Jobs returned in 1997, as a senior director. He became Senior Vice President and CFO in 2004. Yesterday, it was announced that Oppenheimer would join Goldman Sachs as a board member. Oppenheimer was the lead of the Apple Campus 2 project; whether Maestri will take over this responsibility is currently unclear.

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Apple CFO Peter Oppenheimer joins Goldman Sachs Board of Directors

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Apple Chief Financial Officer Peter Oppenheimer has joined the Board of Directors of investment banking firm Goldman Sachs. Oppenheimer is an independent director for the company, and this has no effect on his current leadership position at Apple (update he just retired, oh well).

“Peter’s 25 years of broad experience across important industries will add a valuable perspective to our Board of Directors,” said Lloyd C. Blankfein, Chairman and CEO.  “We appreciate his willingness to serve as a director and look forward to benefitting from his judgment and counsel.”

As an experienced CFO, Oppenheimer’s financial aptitude will likely be beneficial for the investment behemoth. “Oppenheimer will be a member of each of the firm’s Audit, Risk, Compensation and Corporate Governance, Nominating and Public Responsibilities committees,” according to Goldman Sachs…

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Cook talks Apple TV, iMessage, innovation at shareholders meeting as all management proposals approved

This morning, Apple is holding its 2014 official shareholders meeting from its Infinite Loop campus in Cupertino, California. The proceedings are just beginning, and Apple executives are expected (per usual) to field questions from attending shareholders.

One of the orders of business at this meeting is voting to approve or reject both proposals from Apple’s management and shareholders. Bloomberg‘s Jon Erlichman reports that shareholders have rejected every proposal created by other shareholders while all proposals from Apple management have been approved…

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Tim Cook’s youth in South Alabama profiled by local paper

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Tim Cook posing for the year book in 11th grade (via AL.com)

In what is a rather interesting profile published on AL.com, Michael Finch II has uncovered some fascinating details about Tim Cook’s early life growing up in Robertsdale, Alabama.

“When it comes to Tim Cook, Robertsdale wraps him in a protective hug and keeps strangers with their curious questions at arm’s length,” Finch writes noting that Cook flew back to his hometown last Christmas through the airport in Pensacola, Florida, about an hour southeast.

The profile goes on to describe the pride Robertsdale feels for Cook’s accomplishments now and what they saw in Cook during his youth Read more

Apple SVP Jeff Williams sends letter to employees following supplier responsibility report

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Alongside the release of Apple’s supplier responsibility report today highlighting working conditions within its supply chain, Apple’s Senior Vice President of Operations Jeff Williams has also sent out a letter to employees. In the past, CEO Tim Cook has been known to send out an email to employees following the supplier report. In today’s letter, Williams went over some of the key points from the supplier responsibility report and noted, “to drive accountability, we are now publishing a quarterly list of the names, countries, and participation status of the smelters and refiners in our supply chain.” Williams also mentioned new education programs, the launch of the Apple Supplier Environment, Health, and Safety Academy, and more.

The full letter from Williams only accessible to employees is below: Read more