Amazon in Talks with Italy to Invest Billions of Euros in Cloud Plan, Sources Say
Amazon's computing unit AWS is in talks with Italy to invest billions of euros in the expansion of its data centre business in the country as part of the tech giant's effort to boost its cloud offer i
Apple CEO Tim Cook Gets $41 Million From Biggest Share Sale Since 2021
Apple Inc. Chief Executive Officer Tim Cook sold stock worth about $41 million after taxes in his biggest sale in more than two years as the shares of the iPhone maker slide off recent highs.Key Taiwan Tech Firms Helping Huawei With China Chip Plants. Kevin McCarthy Ousted as US House Speaker by Republican Dissidents. Wall Street Fear Gauge Ratchets Up After Jobs Data: Markets Wrap. Why a US Recession Is Still Likely — and Coming Soon. Cook sold 511,000 shares, according to a filing with the US Securities and Exchange Commission on Tuesday. He still has about 3.28 million shares in the Cupertino, California-based company where he’s worked for more than two decades, according to data compiled by Bloomberg.Cook’s last major stock sale was in August 2021, when he sold more than $750 million in Apple stock after completing a decade as CEO. After tax withholdings, he netted about $355 million, according to data compiled by Bloomberg.