Tag Archives: Activist shareholder

Tim Cook, Dr. Dre And The Battle For Apple’s Cash

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The news that Apple is nearing a $3.2 billion acquisition to buy Beats Electronics is one of the biggest business stories in the nation. The potential deal has received so much attention because it...

Apple TV Revenue Hit Over $1B In 2013

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At the annual Apple shareholder meeting, CEO Tim Cook discussed the traction of the Apple TV in 2013. Cook revealed that the Apple TV generated over a “billion dollars of revenue last year.” Apple...

EBay responds to Icahn, says sticking with PayPal

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NEW YORK (AP) — EBay and activist shareholder Carl Icahn are continuing their war of words over PayPal. The billionaire has been pressuring the e-commerce company to spin off the online payment...

Icahn backs off plan for $50B Apple share buyback

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Activist investor Carl Icahn is backing off his proposal that Apple spend $50 billion buying back its own stock during the current fiscal year that ends in September. Icahn told fellow Apple...