Tim Cook says he bought crypto, but rejects Apple adding it to its portfolio…...
Apple is currently the second largest company by market cap behind Microsoft, with Cook personally worth more than $1 billion. Apple chief executive officer Tim Cook said he owns some crypto as "part of a diversified portfolio," but is not planning for the tech company to follow Tesla’s example by investing in Bitcoin or other tokens.Speaking at the New York Times’ DealBook Online Summit on Nov. 9, Cook said he would not use the company’s roughly $200 billion in cash on hand to invest in cryptocurrencies. He also did not intend to accept crypto as a means of a payment for Apple products....
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The CEO of the tech giant Apple, Tim Cook disclosed that he owns cryptocurrency and said that he thinks it’s reasonable to own it as part of a diversified portfolio.” Cook’s statements stemmed from an appearance with the New York Times Dealbook’s host Andrew Ross Sorkin.
Apple CEO Tim Cook Tells the Press He Owns Crypto and It’s Something Apple Is ‘Looking At’
The cryptocurrency economy has been on a tear and recently captured $3 trillion in value this week as bitcoin (BTC) and a number of other crypto assets reached all-time....
Cook confirmed he personally owns bitcoin and is interested in it, adding that he had been researching it “for a while.”
Tim Cook, the CEO of Apple, has publicly endorsed encryption, saying that it’s good for public safety. During a yearly meeting for the Utah Technology Council in Salt Lake City, Cook said that “Encryption is one of the things that makes the public safe,” and reaffirmed his company’s unequivocal commitment to privacy and device integrity: “We feel we have a responsibility to protect our customers. We believe the only way to protect both your privacy and safety from a cyberattack is to encrypt. We throw all of ourselves into this and are very much standing on principle in this.” Apple has....
Apple Inc. shared a glimpse of its future ventures in the metaverse as CEO Tim Cook talked about the company’s expected entry into augmented reality (AR) last week. The Cupertino-based company currently has 14,000 available AR applications on the App Store and Cook suggested that they will proceed to increase this number in the following […]
Scammers stole Apple’s thunder on September 9, 2024, regarding the iPhone 16 launch, by attempting to trick would-be buyers with deepfake videos of its CEO, Tim Cook. Related Reading: Crypto Crackdown: SEC Fines Hit $4.68 Billion In Aggressive Regulatory Push Indeed, this shows the spiraling threat of AI-driven fraud as cybercriminals start to make use […]