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Elon Musk said on Monday that Apple Inc AAPL-Q has mostly stopped advertising on Twitter, the most high-profile company to pull ads from the social media platform over concerns about content moderation policies under its new owner. The move aligns the iPhone maker with a rising list of firms from General Mills Inc to luxury automaker Audi of America that have stopped or paused advertising on Twitter since the billionaire’s $44-billion buyout last month. “Apple has mostly stopped advertising on Twitter. Do they hate free speech in America?,” Musk said in a tweet. He later tagged Apple Chief Executive Officer Tim Cook’s Twitter account in another tweet, asking “what’s going on here?” Musk said “yes” in response to a user question on whether Apple was threatening Twitter’s presence in the App Store or making moderation demands. Apple did not immediately respond to a request for comment. The world’s most valuable firm spent an estimated $131,600 on Twitter ads between Nov. 10 and Nov. 16...

Elon Musk on Wednesday tweeted that the misunderstanding about Twitter potentially being removed from Apple Inc’s AAPL-Q App Store was resolved following his meeting with the iPhone maker’s Chief Executive Tim Cook. “Tim was clear that Apple never considered doing so,” the billionaire CEO of Twitter and Tesla Inc said in a tweet. On Monday, Musk had accused Apple of threatening to block Twitter from its app store without saying why in a series of tweets that also said it had stopped advertising on the social media platform. He had later tagged Cook’s Twitter account in another tweet, asking “what’s going on here?” Twitter and Apple did not immediately respond to requests for comment on Musk’s latest tweet. Apple has not responded publicly to Musk’s earlier tweets. Among the list of grievances tweeted by Musk on Monday was the up to 30 per cent fee Apple charges software developers for in-app purchases, with Musk posting a meme suggesting he was willing to “go to war” with Apple rathe...

Twitter Inc plans to change the pricing of its Twitter Blue subscription product to $11, from $7.99, if paid for through its iPhone app and to $7 if paid for on the website, the Information reported on Wednesday, citing a person briefed on the plans. The move was likely a pushback against Apple Inc’s AAPL-Q 30 per cent cut on any payments made by users via apps on the iOS operating system, the report said. The lower pricing on the website was also likely to drive more users to that platform as opposed to signing up on their iPhones, the report said. It did not mention whether pricing would change for the Android platform as well. Musk, who took ownership of Twitter in October, is planning to roll out the micro blogging site’s verified service with different coloured checks for individuals, companies and governments, after a botched initial launch led to a surge in users impersonating celebrities and brands on the platform. Twitter, Apple and Google, which owns the Android operating s...

Apple CEO Tim Cook speaks in Phoenix, Ariz., on Dec. 6, 2022. Ross D. Franklin/The Associated Press Apple CEO Tim Cook will take a more than 40 per cent pay cut this year from a year earlier as the company adjusts how it calculates his compensation partly based on a recommendation from Cook himself. Apple Inc. AAPL-Q said in a regulatory filing late Thursday that Cook’s target total compensation is $49-million for 2023, with a $3-million salary, $6-million cash incentive and $40-million in equity awards. Last March the Cupertino, California, company conducted an advisory shareholder vote on executive pay with 6.21 billion shares voting in favor of the executive pay package and 3.44 billion against. There were also abstentions and broker non-votes. Apple said its compensation committee took into account shareholder feedback, the company’s performance and a recommendation from Cook, who was promoted to CEO in 2011, to adjust his compensation in light of the feedback received. Apple sai...