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Tim Cook has already sold off all the Apple stock he earned in last week’s $121M windfall

Tim Cook has already sold off all the Apple stock he earned in last week’s $121M windfall

Apple CEO Tim Cook earned a bonus of 560,000 shares on Friday, and did what many in Silicon Valley do — liquidated almost all of it on Monday. In a new SEC filing, Cook said he sold 265,160 shares, worth roughly $57.8 million in cash, in a series of transactions on Monday. He sold the rest of his new stock — 294,840 shares, worth about $63.7 million — to pay for the taxes on the transaction. As of this week, he still owns 878,425 Apple shares from earlier awards, worth about $193.2 million…

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Portland entrepreneur earns a coveted fintech boost

Portland entrepreneur earns a coveted fintech boost

Queen City Fintech recently announced the ninth class of entrepreneurs chosen to participate in its accelerator program, which runs Sept. 4 to Nov. 14. “We reached out to over 500 fintech (financial technology) startups from across the world, and the Class 9 companies reflect that increased breadth and competitive selection process,” says Dan Roselli, managing director of QC Fintech and founder of Packard Place, where the program is held. The accelerator program is split into two cohorts each…

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9 Silicon Valley women to watch who are leading in AI

9 Silicon Valley women to watch who are leading in AI

Artificial intelligence and machine-learning skills are among the most in-demand in Silicon Valley, but like much of the tech world, the gender imbalance in the fast-growing sector is stark. Silicon Valley has some of the highest-paying, most advanced artificial intelligence-related jobs in the U.S., according to a recent report by Indeed. Roles that include data science and machine learning are the most in-demand and because of that, companies face a major talent shortage. But women make up only…

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In their Prime: Amazon, Whole Foods unveil Portland deliveries

In their Prime: Amazon, Whole Foods unveil Portland deliveries

Whole Foods Market has launched delivery through Amazon’s Prime Now for customers in Portland and several of other cities. Beginning Wednesday, Prime members can use Prime Now to shop for Whole Foods items and expect delivery in as little as one hour. Delivery is available daily from 8 a.m. to 10 p.m. and can even be made through Amazon’s Echo smart speaker (the one Alexa lives in). Seattle-based Amazon.com Inc. (NASDAQ: AMZN), which purchased Austin, Texas-based Whole Foods Market for…

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