Tim Cook, Chief Executive Officer of Apple Inc., signed an estimated $275 billion agreement with Chinese authorities to appease them and avoid disruption of Apple’s sales and services in the country, reported The Information on Tuesday. When approached by Reuters for a comment on the issue, Apple did not respond immediately.
The report further stated that the agreement, which had a five year term, was made during Cook’s 2016 visits to the country. Cook visited China several times in 2016 to fight the barrage of regulatory actions that had been filed against the company, the report noted, citing Apple’s internal documents and interviews.
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Apple is being a bit kind on employees who have been working at the company for more than 90 days. Apple will be offering its employees a massive $500 discount off new Mac computers and $250 off iPads. Tim Cook today at a meeting at the Town Hall announced this discount offer for its employees which would have surely made them happy. 
Oh no! Did you just delete that precious picture or that soothing music or maybe that super-important document? You can’t even find it in the trash bin? Gosh. What do you now?
