SetteB.IT and BusinessWeek report on Nancy Heinen's settlement with the Security and Exchange Commission (SEC) on the backdating investigation.
The SEC said that company records pertaining to a grant of 4.8 million options to Apples senior executive team in February of 2001, and a grant of 7.5 million shares made to CEO Steve Jobs in December of 2001 had been altered to conceal what it called a fraud. The result was that Apple underreported its stock-related expenses by nearly $40 million.
The SEC had previously settled with Apple CFO Fred Anderson and had cleared Steve Jobs of any wrongdoing in the matter.
The settlement terms included a payment of $2.2 million in repayment, interest and penalties and she is barred from service as an officer in a public company for five years. She did not admit or deny any wrongdoing in the matter. This should draw the a close to investigations surrounding Apple's backdating controversy.
Thursday September 17, 2026 4:17 am PDT by Tim Hardwick
In iOS 27, available now, CarPlay gets its biggest update in years, but some features depend on what type of car you have rather than your iPhone model. Some of the biggest additions won't do anything in the vast majority of vehicles on the road today. Here's how the new features pan out.
Works in Any CarPlay Vehicle
Custom widgets: In iOS 27, CarPlay is no longer limited to Apple's handful ...
Wednesday September 16, 2026 8:53 am PDT by Joe Rossignol
The new Apple Watch Series 12 and Apple Watch Ultra 4 have hardware changes that allow for faster charging, but you will need to use the new version of the Apple Watch Magnetic Fast Charger included in the box in order to achieve this boost. If you need extra ones for your own charging stands or travel or so forth, Apple released the new version of the charger on its online store last week, with...
Wednesday September 16, 2026 1:32 pm PDT by Juli Clover
The iOS 27.2 beta that Apple released today adds a feature that reminds you it's your anniversary when you call someone, as long as you've added the date in the Contacts app.
On the date of your anniversary, when you go to call the person, you'll see a reminder that it's an important day so you don't forget to say something. The anniversary alert uses Call Context, a feature Apple added in...
Apple's first foldable iPhone, with a book-style design featuring a 5.5-inch outer display and a 7.6-inch inner display with a minimal crease down the middle.
