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☆ Apple's Eddy Cue defends default search contract with Google as best option for consumers
▼ + stars: | 2023-09-26 | by ( Lauren Feiner | ) www.cnbc.com time to read: +8 min

Cue, Apple's lead negotiator of its multibillion-dollar contract with Google , appeared in federal court in Washington, D.C., to discuss the long-standing agreement between the two companies. "When we're picking search engines, we pick the best one and we let the customer easily change them," Cue said. But in other places around the world, the company still sees Google as offering the best experience, Cue said. In his testimony, Cue also reiterated criticism that Apple has when it comes to Google's privacy practices. Cue said it's easy for consumers to change their default search engines today.

Persons: Eddy Cue, Chip Somodevilla, Apple's, that's, Bernstein, Sundar Pichai, Tim Cook, Joe Biden, Anna Moneymaker, Meagan Bellshaw, Bellshaw, Cook, Cue, Pichai, hadn't, Apple, we've, Eric Schmidt, Steve Jobs Organizations: Apple, Courthouse, Washington , D.C, Getty, Google, White, Justice Department, Cue, DOJ, Federal Trade Commission, Yahoo, CNBC, YouTube Locations: U.S, Washington ,, Europe, China, Russia

☆ Apple exec Eddy Cue set to testify in Google trial about $19 billion search deal
▼ + stars: | 2023-09-26 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Under scrutiny is a deal in which Google pays Apple billions of dollars to be the default search engine on the iPhone's browser and other settings. Google could pay Apple as much as $19 billion this year, according to an estimate from Bernstein. Cue, who negotiated the deal with Google from Apple's side, is expected to testify that Apple picked the Google search engine as an iPhone default because it was the best product. He's also expected to say that Apple doesn't see a reason to create a new Apple search engine because Google already exists, according to a person familiar with Cue's anticipated testimony. "I think their search engine is the best," Apple CEO Tim Cook said when asked about using Google as the iPhone's default search engine in 2018.

Persons: Bernstein, He's, Cue's, Microsoft Bing, Tim Cook Organizations: Apple, U.S . Department of Justice, Google, Yahoo, Microsoft

☆ Apple exec Eddy Cue is such a big sports fan that he has a grid of 9 TVs at home for watching games
▼ + stars: | 2023-09-23 | by ( Haley Tenore | ) www.businessinsider.com time to read: +3 min

Interestingly, Cue didn't mention Apple's upcoming Vision Pro headset in the interview. The Apple Vision Pro headset will be rolling out early next year, according to the company. AdvertisementAdvertisementWatching sports on the Vision Pro headset is like looking into the future. AppleIf you're interested in getting your own Vision Pro headset, Apple says they'll be available "early next year." Apple is also reportedly working on a cheaper version of the headset — the Apple Vision (sans Pro) — to make mixed-reality technology accessible to more people.

Persons: Eddy, he's, Cue's, Lionel Messi —, Messi, Rihanna, gesturing, Justin Sullivan, — Organizations: MLS, Service, Golden State Warriors, Apple, Major League Soccer, Apple TV's, Warriors, Twitter Locations: Wall, Silicon

A worker walks near conveyer belts loaded with iron ore at the Fortescue Solomon iron ore mine located in the Valley of the Kings, around 400 km (248 miles) south of Port Hedland in the Pilbara region of Western Australia December 2, 2013. The world's fourth-largest iron ore miner, which has been beset by senior management turnover over the past two years, earlier in the day announced the resignation of its metals division head and co-CEO Fiona Hick. Fortescue shares, up nearly 2.1% so far this year, fell as much as 6% to A$19.7 by 0200 GMT. A review of its assets at the company's Iron Bridge project resulted in a pre-tax impairment charge of $1 billion. The company said rising interest rates and industry-wide inflation had fuelled the asset write-down at its Iron Bridge project, a major plank in the group's growth strategy.

Persons: Fortescue Solomon, David Gray, Australia's Fortescue, Fiona Hick, Fortescue, Echha Jain, Roushni Nair, Rashmi Organizations: REUTERS, Metals, Fortescue Future Industries, Fortescue Energy, Gibson, Phoenix Hydrogen, Thomson Locations: Port Hedland, Pilbara, Western Australia, Australia, Bengaluru

☆ More than 2,000 dead penguins washed up on Uruguay's coast. A bird expert says they can't pinpoint a cause.
▼ + stars: | 2023-07-24 | by ( Sebastian Cahill | ) www.businessinsider.com time to read: +3 min

Over 2,000 dead penguins have washed up on the shores of Uruguay. The birds have tested negative for the avian flu, leaving experts guessing at causes of death. According to the Times, Magellanic penguins can be found across the Pacific and the Atlantic, with concentrations in the Falkland Islands, Chile, and Argentina. The Times added that they move north in colder temperatures to find warmer water and food. Tesore added that he found other dead animals on the beach, like seagulls and sea turtles.

Persons: Carmen Leizagoyen, Leizagoyen, Richard Tesore, Tesore Organizations: Service, Science Times, Times, of Fauna, Environment Ministry, NDTV, Uruguay's Ministry, Environment Locations: Uruguay, Wall, Silicon, Pacific, Falkland Islands, Chile, Argentina, Brazil, Uruguay's

☆ Top 4 customer support trends of 2023
▼ + stars: | 2023-02-27 | by ( Sponsor Post | Created Insider Studios With Goto | ) www.businessinsider.com time to read: +7 min

Customer support trends reflect the changing ways we work, including the need for remote support. Customer support trends have changed as the need for speed and seamlessness has increased. Today, remote tools can be used across the entire ecosystem of an enterprise, from customer support to cybersecurity. So what are the emerging customer support trends for 2023, and how can technology help your business address them? Rescue's suite of turnkey services is generally geared toward enterprise customers, and supports internal IT teams and external customer support teams working through call centers or support centers.

☆ MLB roundup: Mariners top Padres, Machado first to violate pitch clock
▼ + stars: | 2023-02-25 | by ( ) www.reuters.com time to read: +1 min

[1/2] Feb 24, 2023; Peoria, Arizona, USA; Seattle Mariners designated hitter Mike Ford (20) hits a three run double against the San Diego Padres in the fourth inning at Peoria Sports Complex. Machado was not in the batter's box and ready to face Mariners starter Robbie Ray within eight seconds, and the umpire called timeout and assessed a first strike on Machado's count. The Padres scored two runs in the eighth but could not complete the comeback. Reserve shortstop Jackson Merrill went 3-for-3 with a run for San Diego. The Royals' Vinnie Pasquantino and recent Texas signing Robbie Grossman also homered.

BENGALURU/MELBOURNE, Feb 14 (Reuters) - Australia's iron ore giants BHP Group, Rio Tinto and Fortescue are set to report a steep drop in their earnings, which is set to compress their payouts to shareholders, after China's COVID lockdown drove down iron ore prices. Average realised prices for iron ore fell sharply in the six months to December, hitting earnings. First-half net profit at Fortescue, reporting on Feb. 15, is seen declining to $2.34 billion from $2.78 billion. Underlying half-year profit at Rio Tinto, which reports on a calendar year cycle, is seen declining 48% to $4.77 billion from $9.21 billion. Rio will report on Feb. 22.

☆ Fortescue Metals preparing to cut up to 1,000 jobs, The Australian reports
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, Feb 9 (Reuters) - Fortescue Metals Group (FMG.AX) is looking to cut up to 1,000 jobs across its back office and clean energy unit as part of a cost-cutting exercise, The Australian reported on Thursday, less than week before Fortescue reports half-yearly results. 4 iron ore miner said any significant changes to the number of its employees require board approval, which has not been received. Fortescue reports results for the six months through December on Feb. 15. The company is preparing to cut costs despite a more than three-month rally in iron ore prices as traders bid up the metal in anticipation of China's economy reopening from pandemic restrictions. The Australian reported that job losses at the company's Pilbara region mining operations are likely, although safety staff and production workers would probably be exempt.

☆ Plug Power scraps electrolyser plant partnership with Fortescue
▼ + stars: | 2023-01-27 | by ( Sonali Paul | ) www.reuters.com time to read: +2 min

SummarySummary Companies Plug Power questions plant's economicsFFI wants to use its own electrolyser technologyNo change to capital cost at $83 millionMELBOURNE, Jan 27 (Reuters) - Plug Power (PLUG.O) has walked away from building an electrolyser manufacturing plant in Australia with Fortescue Metals Group (FMG.AX) as the economics did not work, Plug Chief Executive Officer Andrew Marsh said on Thursday. Fortescue had planned to build the world's biggest factory to make electrolysers with Plug Power and began construction in Gladstone in Australia's northeast last February aiming to produce their first electrolyser in 2023. In a business update on Thursday, Plug Power CEO Marsh said the plant deal with Fortescue was off. Fortescue wants to use its own electrolyser technology instead of Plug Power's technology, although it will buy electrolysers from the U.S. company for some of its hydrogen projects, Fortescue founder and executive chairman Andrew Forrest said. "I think Plug Power is very much locked in to certain technology and on a production cycle," Hutchinson told analysts on a quarterly call.

☆ Apple TV+ has a new exec leading the business as Apple's VP of Music steps up amid a company reorg
▼ + stars: | 2023-01-12 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +3 min

Apple Music and Beats VP Oliver Schusser is taking on streamer AppleTV+. Oliver Schusser, Apple's VP Music and Beats, is set to take on oversight of streaming service Apple TV+, two industry insiders with knowledge of plans told Insider. Apple TV+ is still short on scale, however, when it comes to viewing time versus its competitive set. A report from research firm MoffettNathanson described Apple TV+ viewing as a "rounding error" in terms of programming minutes viewed in the fourth quarter. In 2018 he moved from London to California to take up the role of VP, Apple Music and International Content.

☆ Australia's Fortescue taps Woodside veteran as CEO amid green energy push
▼ + stars: | 2022-11-29 | by ( ) www.reuters.com time to read: +2 min

[1/2] The logo of Australia's Fortescue Metals Group (FMG) can be seen on a bulk carrier as it is loaded with iron ore at the coastal town of Port Hedland in Western Australia, November 29, 2018. REUTERS/Melanie Burton/File PhotoNov 29 (Reuters) - Australia's Fortescue Metals Group (FMG.AX) on Tuesday appointed former Woodside Energy (WDS.AX) executive Fiona Hick as its chief executive officer, effective February 2023, as Elizabeth Gaines made way for a new boss in August. Hick joins Fortescue at a time when the iron ore giant is delving into mining of critical minerals and rare-earths and is also striving to transition into a green energy firm through its unit Fortescue Future Industries (FFI). She will lead Fortescue Metals' mining arm, culminating a year-long search by the company's billionaire-founder and chairman Andrew Forrest. Gaines, who oversaw a tripling in the share price of one of the world's biggest iron ore miners in the past four years, remains on Fortescue's board as a non-executive director.

☆ We still have to take a reduction in our menu that we haven't in 30-40 years, says Dickey's Barbecue CEO
▼ + stars: | 2022-11-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe still have to take a reduction in our menu that we haven't in 30-40 years, says Dickey's Barbecue CEOLaura Rea Dickey, Dickey’s Barbecue Restaurants CEO, joins 'The Exchange' to discuss what's driving up her costs the most, how much food commodity prices moderating offset Dickey Barbecue's costs and insight's into the restaurant's labor picture.

☆ Entertainment honorees: presenting the 100 People Transforming Business 2022
▼ + stars: | 2022-11-16 | by ( Business Insider | ) www.businessinsider.com time to read: +1 min

Eddy Cue, Senior Vice President of Services, AppleGettySince joining the tech giant Apple in 1989, Cue has helped change how the world listens to music and watches movies and TV. Consumers interact with Cue's gargantuan Services unit all day long, from its maps to Apple Pay to photo storage. Services drew $78 billion in revenue in the company's fiscal year 2022 (through September 24) and has accumulated more than 900 million paying subscribers around the globe. As the revolutionary iPod came to market, Cue helped tee up iTunes. Now in 2022, Cue has overseen growth in new banking products, presided over streamer Apple TV+ — which scored the first best picture Oscar for a streamer this year with "CODA" — and, crucially, driven the company's entry into sports.

☆ Fortescue Metals posts rise in iron ore shipments, costs grow
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +1 min

Oct 27 (Reuters) - Australia's Fortescue Metals Group (FMG.AX) on Thursday reported a 4.2% rise in iron ore shipments for the first quarter, boosted by higher production at its key operations in Western Australia. However, rising prices of diesel and labour pushed Fortescue's direct costs 16% higher year-over-year to $17.69 per wet metric tonne (wmt). The world's fourth-largest iron ore miner said it shipped 47.5 million tonnes (mt) of iron ore in the quarter ended Sept. 30, compared with 45.6 mt a year earlier. The company, however, kept its full-year guidance unchanged, expecting to ship between 187 million tonnes to 192 million tonnes of ore in fiscal 2023. Reporting by Jaskiran Singh in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

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