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Apple hires engineers from UK company Dialog

Apple hires engineers from UK company Dialog

Technology
Apple is adding 300 computer chip engineers to its team after striking a deal to hire them from one of its British suppliers.It is paying Dialog Semiconductor $ 300m (£227m) for the acquisition, which also includes some of the Reading-based company's patents and facilities.Apple has long used Dialog's products to monitor and control power consumption in its iPhones and iPads.The deal represents one of Apple's biggest takeovers in headcount terms. "Dialog has deep expertise in chip development and we are thrilled to have this talented group of engineers who have long supported our products now working directly for Apple," said the handset-maker's hardware technologies chief Johny Srouji.Staff involved are based in: Swindon L...
Tesla whistleblower says company spies on employees

Tesla whistleblower says company spies on employees

Technology
A former Tesla employee has claimed the company spies on its workers and allowed a drug cartel to operate inside of its plant. Karl Hansen made the whistleblower complaint to the US Securities and Exchange Commission (SEC), according to his lawyer Stuart Meissner.Mr Hansen was a member of Tesla's internal investigations team before he was fired.Under US law, whistleblowers can receive up to 30% of the penalties collected by the SEC for revealing regulatory breaches.Tesla stated that it took Mr Hansen's allegations seriously and investigated them.It added: "Some of his claims are outright false. Others could not be corroborated."The SEC has declined to comment.Mr Hansen's complaint comes as the company's chief executive Elon Musk is being scrutinised for a series of tweets h...
Summers off? Yes, please! This company lets you pick your own perks

Summers off? Yes, please! This company lets you pick your own perks

Finance
What if a digital twin could go to work for you? Imagine if you got to pick your work bonus. Would you choose a personal chef? A trip to the super bowl? An annual dry cleaning pass? A month in Europe or a whole summer off? Or maybe you prefer cash. For employees at North 6th Agency, the choice is theirs. The brand communications and social media agency recently launched Pace Points, a program that lets employees cash in points for a variety of rewards. "We wanted to take the guess work out of rewards programs,' said N6A CEO Matt Rizzetta. "If an employee deserves a reward, they should be able to choose whatever they want that motivates them." The are 60 rewards employees can select in six categories: health, travel, experience, transport and housing, quality of ...
Apple becomes first trillion dollar US company

Apple becomes first trillion dollar US company

Technology
During the day, the share price of the iPhone maker jumped by 2.8% to $ 207.05, passing the $ 1tn (£762bn) mark in New York trading.Its stock has soared 9% since Tuesday when Apple's third-quarter earnings exceeded Wall Street's expectations.The company, which was started in a garage in Palo Alto by Steve Jobs and Steve Wozniak in 1976, has transformed the way people communicate with its ubiquitous iPhone. When the iPhone was introduced in 2007 it kicked off a smartphone revolution, leaving the giants of the mobile phone industry Nokia and Blackberry struggling for survival.Alphabet, the parent of Google, scrambled to provide its Android software to power mobile phones, making sure Apple didn't steal a huge march on rivals.That helped Samsung to become the world's biggest mobile pho...
Financial fruit: Apple becomes 1st trillion-dollar company

Financial fruit: Apple becomes 1st trillion-dollar company

Technology
Apple is the world's first publicly traded company to be valued at $ 1 trillion, the financial fruit of stylish technology that has redefined what we expect from our gadgets. The milestone reached Thursday marks the latest triumph of a trend-setting company that two mavericks named Steve started in a Silicon Valley garage 42 years ago. Apple's shares gained $ 5.89 to close at $ 207.39, leaving the company's market value a notch above $ 1 trillion — around $ 1,001,679,220,000, according to FactSet. Apple sits atop a U.S. stock market that has become dominated by technology-centered companies: Amazon, Google's parent Alphabet, Microsoft and Facebook round out the top five in market value. The achievement seemed unimaginable in 1997 when Apple teetered on the edge of bankruptcy, with ...