• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

2

Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich

3

Trump embraces Australian retirement system backed by Larry Fink

1

The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

2

Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich

3

Trump embraces Australian retirement system backed by Larry Fink
TechData Sheet

Data Sheet—Monday, August 15, 2016

By
Heather Clancy
Heather Clancy
Down Arrow Button Icon
By
Heather Clancy
Heather Clancy
Down Arrow Button Icon
August 15, 2016, 9:05 AM ET
Add Fortune on Google for similar content.

Tim Cook values privacy highly but he’s often much more candid than his former boss, late Apple co-founder Steve Jobs. For one thing, he doesn’t shy away from discussing his “screw-ups.”

Take his first hire to run Apple’s retail store strategy, former Dixons CEO John Browett, who lasted just six months. “He didn’t fit here culturally is a good way to describe it,” Cook told The Washington Post, in a wide-ranging interview published over the weekend to mark his fifth anniversary as CEO. (He took another year to find someone who did, former Burberry CEO Angela Ahrendts.)

Another mistake you may already have forgotten (by design): Apple’s misguided decision back in 2012 to replace Google as the default map app on iPhones—sending people to roads that didn’t exist and completely ignoring public transportation. Cook’s response: Apologize publicly and move on. He told the Post:

“The classic big-company mistake is to not admit their mistake. They double down on them. Their pride or ego is so large that they can’t say we did something wrong. And I think the faster you do that, the better — change gears to something else. If you’re honest, people will give you the benefit of the doubt.”

Have you noticed that people are asking the question “What would Steve do?” far less frequently.

Heather Clancy is a contributing editor at Fortune. Reach her via email.

BITS & BYTES

Adoption of new transatlantic data pact proceeds slowly. Microsoft applied for certification under the new privacy and transfer rules right away, one of 40 U.S. businesses to do so. Privacy Shield, which took effect Aug. 1, replaces the now-defunct Safe Harbor agreement originally adopted in 2000. There were roughly 4,000 companies certified under the old rules. (Wall Street Journal)

IBM scores Workday as customer for its cloud. The business software company, which specializes in systems that automate human resources and finance teams, is signing a seven-year contract to use IBM's SoftLayer service for testing and developing new applications. (Wall Street Journal)

Samsung times smartwatch refresh just before Apple briefing. Its Gear S3 introduction appears planned for a German electronics show on Sept. 1, one week before its rival's annual autumnal product launch extravaganza. (AndroidCentral)

SoftBank's 'social robot' visits North America. The 4-foot-tall humanoid, dubbed Pepper, was designed to handle brief, repetitive interactions, such as offering directions or other context-relevant information. There are 10,000 of them being used in stores and hotels across Europe and Japan. (Ars Technica)

Groupon is regrouping. The eight-year-old company best-known for revolutionizing the "daily deals" category is on pace to generate $3 billion in revenue this year. Even more striking, Groupon's stock is up 90% since Rich Williams took over as CEO last November. (Wall Street Journal)

Brace yourself for more outages like Delta's. Airlines love touting their check-in kiosks, real-time luggage tracking and slick mobile apps but they haven't dated the reservation systems behind them in decades. (Reuters)

PEOPLE & CULTURE

Millionaire ad-tech entrepreneur gets one-year jail sentence. Gurbaksh Chabal, founder of ad-tech companies RadiumOne and Gravity4, pled guilty to domestic violence and battery in 2014. A second victim last year chose not to press charges, but a judge found that the attack violated Chabal's probation. (Fortune)

Flipboard's founder is back at Apple. Evan Doll left his post as an iPhone software engineer in 2009 to work on his then-revolutionary news app, one since emulated by the Apple News service. Doll quietly rejoined his former employer last month and is now director of strategy for Apple's burgeoning health software initiative. (Fortune, Bloomberg)

Auto-tech expert replaces legendary Cypress CEO founder. Lebanese-born Hassane El-Khoury, who joined Cypress in 2007 from Continental Automotive Systems, was promoted late last week. The company's founder, T.J. Rodgers, was CEO for an astonishing 34 years. He announced plans to retire in April. (Wall Street Journal)

WATCH FOR IT

Intel greets geeks. The microprocessor giant will outline roadmaps for artificial intelligence, sensors, and virtual reality for thousands of developers at its annual conference in San Francisco. It is pushing aggressively to move beyond personal computers, which still account for half its revenue. (New York Times)

IN CASE YOU MISSED IT

The $99 Peripheral That Turns Your Smartphone Into a Laptop, by David Z. Morris

WhatsApp and Skype May Be More Heavily Regulated in the EU, by David Meyer

ONE MORE THING

Even the NFL listens to this beauty-contestant-turned-small-business-adviser. Carol Roth, author of bestselling book The Entrepreneur Equation, started her career as an investment banker. On the latest Fortune Unfiltered podcast, Roth dishes on her vocation as adviser to small businesses. Listen here.

This edition of Data Sheet was curated by Heather Clancy.

Share: http://fortune.com/newsletter/datasheet/. Find past editions. All Fortune newsletters.

About the Author
By Heather Clancy
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

Jony Ive (left), formerly with Apple and now with OpenAI, standing next to Laurene Powell Jobs, the widow of Apple founder Steve Jobs, at an event in 2022.
AIOpenAI
Stolen laptops, data breaches, secret moles, and recruiting-as-espionage. Here are the wildest claims in Apple’s lawsuit against OpenAI
By Emily ForliniJuly 13, 2026
1 hour ago
Elon Musk and Sam Altman are accusing each other of scamming investors as SpaceX and OpenAI jockey to lead AI revolution
AIBillionaires
Elon Musk and Sam Altman are accusing each other of scamming investors as SpaceX and OpenAI jockey to lead AI revolution
By Marco Quiroz-GutierrezJuly 13, 2026
1 hour ago
u
PoliticsSocial Media
Europe to social media platforms: make yourself safe for kids under 13, somehow
By Lorne Cook, Kelvin Chan and The Associated PressJuly 13, 2026
5 hours ago
Meta’s AI data center cost went from $10 billion to $50 billion in under 2 years—and split the town in two
Big TechMeta
Meta’s AI data center cost went from $10 billion to $50 billion in under 2 years—and split the town in two
By Sydney LakeJuly 13, 2026
5 hours ago
b
CommentaryWorld Cup
Columbia Business School professors: What the Balogun red card can teach us about AI and judgment
By Oded Netzer, Christopher Frank and Paul MagnoneJuly 13, 2026
5 hours ago
‘We are driving in the fog’: Hundreds of economists admit they’re flying blind on AI
Economydisruption
‘We are driving in the fog’: Hundreds of economists admit they’re flying blind on AI
By Nick LichtenbergJuly 13, 2026
7 hours ago

Most Popular

The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
Innovation
The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
By Sasha RogelbergJuly 12, 2026
1 day ago
Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich
Big Tech
Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich
By Marco Quiroz-GutierrezJuly 12, 2026
1 day ago
Trump embraces Australian retirement system backed by Larry Fink
Personal Finance
Trump embraces Australian retirement system backed by Larry Fink
By Brianna Sosa and BloombergJuly 12, 2026
1 day ago
Current price of oil as of July 13, 2026
Personal Finance
Current price of oil as of July 13, 2026
By Joseph HostetlerJuly 13, 2026
11 hours ago
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
Environment
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
By Sasha RogelbergJuly 10, 2026
3 days ago
Russia’s economy is an 'illusion' built on debt, and a banking crisis is ready to explode, intel report says, while the Kremlin may seize pensions
Banking
Russia’s economy is an 'illusion' built on debt, and a banking crisis is ready to explode, intel report says, while the Kremlin may seize pensions
By Jason MaJuly 12, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.