Apple CEO donates R765 million to charity

Tim Cook has announced he will be donating R765 million to various charities

February 3, 2012
Apple logo

Apple founder Steve Jobs would never have done so, but that hasn’t stopped current Apple CEO Tim Cook from donating $100 million (R765 million) to charitable causes.

According the new site The Verge, Cook has donated $50 million (R382.8 million) to Stanford’s hospitals, with $25 million (R191.4 million) for a new main building and $25 million (R191.4 million) for a new children’s hospital. Another $50 million (R382.8 million) has been donated to Product RED, which is a charity that combats diseases such as AIDS, tuberculosis, and malaria.

In this way Cook appears to be more like Microsoft founder Bill Gates rather than his predecessor at Apple, who had previously said he opposed giving away money.

Large donations aren’t the only charitable thing Cook has been busy with however. He has started giving Apple employees big discounts on Apple products and has implemented a charity program that matches donations made by employees up to $10,000 (R76,554) a year.

Read the full story at: Cnet.

Tags: Apple, Bill Gates, Microsoft, Steve Jobs, Tim Cook

Anonymous News Tip
Free Email Newsletter:
Subscribe
X

Anonymous News Tip






Captcha image
Not readable? Change text.

sending

Shutterstock is the image partner of MyBroadband – technology images can be found here

Join the conversation

Connect with MyBB

twitterfacebookandroidappleblackberrynewsletterfeed

Poll

Are you using public WiFi hotspots to connect to the Internet in places like airports, restaurants or shopping malls?

View Results

Loading ... Loading ...

More News

DStv on demand video system change

DStv tablet

MultiChoice will use Clearleap’s “multiscreen video and digital asset management systems” for it video on demand platforms

Nkandla style – don’t worry, it is for security

Nkandla

Nkandla’s fire pool and cattle kraal security enhancements made headlines, but using security as an excuse for questionable government decisions is nothing new

We acted properly by pulling DA ad: SABC

SABC logo TV screens

The SABC acted properly by pulling a Democratic Alliance election campaign advertisement from television broadcast, it said

SABC ad ban infringes freedom of expression: DA to Icasa

ICASA

The DA argued to Icasa’s Complaints and Compliance Committee that the SABC’s ban of its Ayisafani TV advert is an infringement of freedom of expression

bool(true)