Apple CEO Tim Cook 'secretly' signed $275B deal with China in 2016

Re:Apple CEO Tim Cook 'secretly' signed $275B deal with Chin... by jay_kyburz on Wednesday December 08, 2021 @09:03PM (#29492968)

I thought it was literately illegal for publicly traded companies not to put profit first unless they were registered as a non profit (or similar special business classes)

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Re:Apple CEO Tim Cook 'secretly' signed $275B deal with Chin... by detaro on Wednesday December 08, 2021 @09:06PM (#29492989)

This is mostly a myth: https://www.nytimes.com/roomfordebate/2015/04/16/what-are-co...

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Re:Apple CEO Tim Cook 'secretly' signed $275B deal with Chin... by jay_kyburz on Wednesday December 08, 2021 @09:51PM (#29493236)

Thanks. TIL!

Directors must use their powers in “the best interests of the company.” but "business judgment rule gives directors nearly absolute protection from judicial second-guessing about how to best serve the company and its shareholders."

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Re:Apple CEO Tim Cook 'secretly' signed $275B deal with Chin... by WillPostForFood on Wednesday December 08, 2021 @09:20PM (#29493070)

“utterly false” to quote the article.

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