How Tim Cook Transformed Apple

Almost whatever way you cut it, financially Apple has reached new heights under the leadership of Tim Cook. Bloomberg Businessweek week on how he transformed the company.

In many ways, Cook is now applying the lessons Apple learned building its China manufacturing network to other parts of the business. Its operational prowess has enabled it to churn out more product permutations and accessories. And just as Apple uses its awesome buying power to extract concessions from suppliers, it’s now using its control over an equally impressive digital supply chain, which includes the company’s own subscription services, as well as third-party apps, to generate greater revenue from customers and software developers. In an October report on the tech industry, the House antitrust subcommittee said this influence of its App Store amounted to “monopoly power” and recommended that regulators step in.

Adobe Adds Document Collaboration to Photoshop, Illustrator, Fresco

Adobe announced on Tuesday new document collaborations for Photoshop, Illustrator, and Fresco.

The Invite to Edit feature in Photoshop, Illustrator, and Fresco allows asynchronous editing on all surfaces across the desktop, iPad, and iPhone (Fresco). Now collaborators can edit a shared cloud document, one at a time. Just save your. PSD or. AI files as cloud documents and send invitations for others to edit them. You can also edit files that have been shared with you. In addition, you can access your shared cloud documents on assets.adobe.com and the Creative Cloud Desktop app.

Apple Supplier Dialog Semiconductor Taken Over by Renesas Electronics in US$6 Billion Deal

Apple supplier Dialog Semiconductor is being taken over by Japanese Firm Renesas Electronics, AppleInsider reported. The deal involving the UK chip-maker is worth US$6 billion.

This includes its business in power management, charging and power conversion, Wi-Fi, and Bluetooth LE, as well as its expertise in mixed-signal integrated circuits. It is said by the companies that Dialog’s attributes will complement and expand Renesas’ existing portfolio of products. “Dialog has a strong culture of innovation along with excellent customer relationships and serves fast growing areas including IoT, industrial, and automotive,” said Renesas president and CEO Hidetoshi Shibata in a statement. “By bringing Dialog’s talented team and expertise into Renesas, together, we will accelerate innovation for customers and create sustainable value for our shareholders.” The offer value is based on Renesas paying 67.50 euro ($81.17) per share, representing a 20.3% premium over Dialog’s closing price on February 5.