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Tim Cook reaps $89.2mn shares as Apple outshines S&P

Bloomberg Apple Inc. Chief Executive Officer Tim Cook collected 560,000 shares, half of them linked to the company’s performance and the maximum allowed under the iPhone maker’s long-term compensation programme. The award was worth $89.2 million when it was granted on Thursday, based on Apple’s $159.27 closing price. He received the performance-linked stock because Apple shares outperformed at least two-thirds ...

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Google faces deadline as EU fines loom

European competition commissioner fines google 2.4 billion euros for abusing search engine dominance

Bloomberg Google faces a deadline to tell the European Union how it plans to comply with an order to stop discriminating against rival shopping search services under threat of new fines that would add to a record $2.9 billion penalty. The EU gave the Alphabet Inc. unit 60 days to propose how it would “stop its illegal content” and 90 ...

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Uber new boss may get $200mn

Expedia ceo khosrowshahi selected by board for uber ceo position

Bloomberg Uber Technologies Inc.’s new chief executive officer likely comes with a price tag in the neighborhood of $200 million. Dara Khosrowshahi, who spent 12 years at the helm of Expedia Inc., held unvested stock options in that company worth $184.4 million, according to data compiled by Bloomberg. Companies typically grant replacement awards to executives who must forfeit unvested equity ...

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