News
Greenlight Capital drops Apple lawsuit
David Einhorn’s Greenlight Capital has withdrawn its lawsuit against Apple over a proxy proposal. The proposal, which aimed to change Apple’s ability to issue preferred stock, was withdrawn from a vote at Apple’s recent shareholder meeting after it was blocked by a court ruling. Despite the lawsuit’s success, Apple CEO Tim Cook referred to it as a “silly sideshow,” and the company suggested that it was based on a misunderstanding regarding Apple’s position on preferred stock. [via AllThingsD]
Related Stories
- Judge: US can show Apple e-book pricing conspiracy
- Report: iOS 7 ‘black, white, and flat all over’
- Apple WWDC Keynote set for June 10
- Apple patent application details interactive AirPlay, TV
- Report: iWatch pushed to late 2014?
- New Apple online store design alters focus, hides deals
Comments
If you have a comment, news tip, advertising inquiry, or coverage request, a question about iPods/iPhones/iPad or accessories, or if you sell or market iPod/iPhone/iPad products or services, read iLounge's Comments + Questions policies before posting, and fully identify yourself if you do. We will delete comments containing advertising, astroturfing, trolling, personal attacks, offensive language, or other objectionable content, then ban and/or publicly identify violators.
Recent News
- iLounge Weekly coming Monday, giveaway update
- Apple drops refurbished fourth-gen iPad, mini prices
- Judge: US can show Apple e-book pricing conspiracy
- AT&T’s GoPhone to add LTE/HSPA+ support for iPhone
- Report: iOS 7 ‘black, white, and flat all over’
- Apple WWDC Keynote set for June 10
- Apps: Foursquare 6.2, Hyper Breaker Turbo, Pandora 4.3 + Shazam 6.0
- Apple patent application details interactive AirPlay, TV
- Report: iWatch pushed to late 2014?
- Griffin releases iPhone 5 Survivor + Catalyst Waterproof Case
Recent Reviews
- Lynktec TruGlide Pro Precision Stylus
- C4 Electronics Dolry HiFi Stone 30-Pin AirPlay Adapter
- Boombotix Boombot Rex Bluetooth Wireless Speaker
- Nuu Splash Portable Waterproof Bluetooth Wireless Speaker
- Scosche boomBottle Weatherproof Sport Wireless Speaker
- HMDX Jam Plus Bluetooth Wireless Speaker
- Fitbit Flex Wireless Activity & Sleep Wristband
- Cambridge Audio Minx Air 100 + 200 Bluetooth + AirPlay Wireless Speakers
- Mophie Juice Pack Plus for iPhone 5
- Ultimate Ears UE Boom
Recent Articles
- Costs associated with using FaceTime
- iMessages showing as Delivered when iPhone is out of coverage
- Inability to use Find My Friends without a passcode
- Calendar info disappears after iCloud restore
- Remove old iCloud backup after restoring to a new iPhone
- Setting up a ringtone in iTunes
- Using a Wi-Fi hard drive with an iPad
- Backing up and restoring an iPod classic
- Can’t restore iPod touch without passcode
- Retaining older versions of Apps during an iOS Restore