Apple CEO Tim Cook's massive salary and perk revealed

The board of directors of Apple Inc. has told their CEO Tim Cook that he must fly a private jet when traveling, whether it is for work or pleasure. The market capitalisation for the iPhone maker has been hovering around $US900 billion ( more than $A1 trillion) and is up almost 50 per cent for the year.

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  • SoftBank succeeds in tender offer for big stake in Uber
SoftBank succeeds in tender offer for big stake in Uber

As part of the deal, expected to close early next year, Uber will offer potential drivers in the United States access to Fair to lease a auto, the Journal reported. Rajeev Misra, CEO of SoftBank Investment Advisers, said the firm was "appreciative of the support from Uber's shareholders in the successful tender offer".

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  • What?! Pennsylvania woman gets $284 billion electric bill
What?! Pennsylvania woman gets $284 billion electric bill

REUTERS/Rick WilkingU.S. currency and coins in a vault at a bank in Westminster, Colorado. A woman in America was blown away when she copped a US$284 billion electricity bill - that's $376 billion Australian. Penelec spokesman Mark Durbin said somehow the decimal point was in the wrong spot. "It was like, well, I guess we have a year to com...

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  • Shoppers Flock to Stores in Post-Christmas Rush
Shoppers Flock to Stores in Post-Christmas Rush

Just because Christmas is over doesn't mean the shopping is. Sales of electronics and appliances increased 7.5 percent, the strongest growth of the last 10 years, and the home furniture and home improvement categories both grew 5.1 percent.

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  • Breaking Records: Southern California Wildfire Now Largest in State's History
Breaking Records: Southern California Wildfire Now Largest in State's History

The Thomas Fire, which charred 273,400 acres, is now the largest wildfire in California history, according to Cal Fire. Temperatures are expected to reach the low- to mid-70s next week in Santa Barbara. Twenty-one commercial buildings burned. This year has been the costliest for wildfires in United States history. The state sent firefighters ...

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  • 27 dead, 5 injured as bus plunges into Banas river in Rajasthan
27 dead, 5 injured as bus plunges into Banas river in Rajasthan

Madhya Pradesh , Rajasthan and Assam. The victims, who were from various Indian states, were on their way to a nearby Ramdevji Hindu temple in Lalsot, a town in Rajasthan state, for pilgrimage. The bus, which had reportedly departed from Sawai Madhopur station, crashed around 7am (2330 on Friday GMT). Indian Prime Minister Narendra Modi has s...

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  • Forecast: Overnight snow could stick around through Christmas
Forecast: Overnight snow could stick around through Christmas

Higher areas in central, southern and eastern Scotland are expected to see snow by the end of Monday. Drivers should expect slippery road conditions during holiday travel on Monday. Winter weather advisories have been issued for our area until 1 AM. On Christmas Day, snow is likely, and the day will be cloudy and cold, with a high near 6 and ea...

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  • Elon Musk Really is Sending a Roadster to the Red Planet
Elon Musk Really is Sending a Roadster to the Red Planet

While Musk confirmed that he was serious, doubts have lingered ever since . The images show the Roadster sitting solidly on top of an aerospace fitting, surrounded by the two-piece payload fairing. The Falcon Heavy is a reusable heavy-lift rocket created to get large payloads into space. But the SpaceX CEO isn't getting carried away with all th...

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  • Tuesday is USPS deadline for delivery of holiday cards by Christmas
Tuesday is USPS deadline for delivery of holiday cards by Christmas

The organization expects to process and deliver almost 3 billion pieces of First-Class Mail, including greeting cards this week alone. "It's obvious, people are shipping and mailing more items out of state and to different areas of the state than ever before", Smith added.

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  • Ola to acquire Foodpanda India
Ola to acquire Foodpanda India

The collaboration between Ola and Foodpanda India unlocks the power of a partnership that will help Foodpanda India grow as the most preferred online food delivery service in the country, Ola said in a statement Tuesday. The company had started a venture called Ola Cafe back in 2015, though it shut down the business previous year. Not bei...

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  • Chinese electric SUV to take on Tesla Model X?
Chinese electric SUV to take on Tesla Model X?

However, it's only for the rich because that subcription costs about $19K per month according to CNBC . The new NIO ES8 is a seven-seater, high-performance electric SUV which is available with both front and rear motors. China's state-backed fervour to push the EV market and its technology has attracted worldwide giants such as BMW and Volkswa...

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  • SpaceX to launch recycled rocket, supply capsule for NASA
SpaceX to launch recycled rocket, supply capsule for NASA

The company along with Orbital ATK took over resupply missions to the ISS for NASA after the end of the space shuttle program. The mission, which was delayed from its original target date of December 12 after the SpaceX team chose to take more time to verify proper operation of its second stage full system, took off from Cape Canaveral Air Fo...

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  • Gas prices return to pre-Hurricane Harvey levels
Gas prices return to pre-Hurricane Harvey levels

According to GasBuddy's daily survey of 170 gas outlets in Chattanooga, the average price of regular gas in Chattanooga fell to $2.08 a gallon on Sunday, or 33 cents below the USA average. Next is Hardin County at $2.15 followed by Hancock $2.181, Allen $2.182, Mercer and Putnam $2.197, Logan $2.22 and Van Wert County at $2.30. With millions of A...

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  • Proposed Ryanair strike for Wednesday is suspended
Proposed Ryanair strike for Wednesday is suspended

The threat of a wave of strike action across Europe by Ryanair pilots prompted the airline to make one of the biggest U-turns in its history on Friday. It has also called on the unions to call off the December 20 strike. German union Vereinigung Cockpit said the onus was now on Ryanair to "prove that this announcement is serious".

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  • X Development LLC Collaborates With Government of Andhra
X Development LLC Collaborates With Government of Andhra

Alphabet's X is piloting new Free Space Optical Communications wireless in India that is easy to deploy and could improve connectivity for many residents. AP Fiber grid is an ambitious project launched to give affordable high-speed internet connection to every household in the state. Now partner AP State FiberNet will introduce 2,000 FSOC lin...

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  • Today is Free Shipping Day, here to save last-minute shoppers
Today is Free Shipping Day, here to save last-minute shoppers

Participating retailers include Macy's , Toys R Us , Nordstrom , Saks Fifth Avenue, Gap , Belk, Target , Barnes & Noble, Foot Locker, Kate Spade, Godiva and more. Cabela's - Free shipping is available to customers today if they use the code "7HOLIDAYS". The deal here is that there typically aren't any restrictions on the shipping and customer...

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  • US F-22s Intercept Russian Jets Over Syria
US F-22s Intercept Russian Jets Over Syria

USA aircraft are to remain on the east side and Russian on the west side of the river unless advance notice is given. This remark came in contrast to US President Donald Trump's statement: "We've won in Syria , we've won in Iraq, but they (IS terrorists) spread to other areas and we're getting them as fast as they spread".

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  • BBC Weather: Latest UK forecast predicts MORE freezing weather - EXPECT SNOW
BBC Weather: Latest UK forecast predicts MORE freezing weather - EXPECT SNOW

FRI: Increasing clouds, PM snow showers. But over higher ground in Scotland, bitter winds from the North Pole could make temperatures feel as cold as -14C in places. Ending off the work week with temperatures near the seasonal mark with highs in the mid 30s and mostly cloudy skies. The system clears throughout Thursday midday and afternoon le...

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  • Westfield snapped up by French property giant for £18.5bn
Westfield snapped up by French property giant for £18.5bn

After the takeover of the Australian company, Westfi eld's 35 shopping centres in the United Kingdom and America, including London's White City and Stratford malls, will combine with Unibail's 69 sites to form a £54billion retail giant attracting 1.2 billion visits annually.

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  • AAA: Premium Fuel Not Worth The Price
AAA: Premium Fuel Not Worth The Price

A series of tests were conducted to determine whether the use of premium gasoline resulted in improved fuel economy and increased performance ( horsepower ). But before you reach for the gold button at the pump, new evidence released by AAA lends fresh insight about whether higher-grade fuel actually pays off.

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