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Meta Poaches Apple AI Star With Pay Bigger Than Cook's

Financial Express Kolkata

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July 11, 2025

META PLATFORMS HAS made unusually high compensation offers to new members of its "superintelligence" team—including a more than $200 million package for a former Apple distinguished engineer.

- BLOOMBERG

Meta hired Ruoming Pang, who ran Apple's AI models team, with a pay package in the hundreds of millions over a several-year period, according to people with knowledge of the matter, who declined to be named discussing unannounced compensation details. Apple didn't try to match the offer, as it far exceeds pay at the company for leaders other than chief executive officer Tim Cook.

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Financial Express Kolkata

Zepto free delivery limit at ₹149 now

RAISING THE BAR

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2 mins

January 09, 2026

Financial Express Kolkata

A closed chapter: UpGrad aborts Unacademy bid

RONNIE SCREWVALA-LED HIGHER education platform upGrad has withdrawn from acquisition discussions with SoftBank backed test-prep company Unacademy after the two sides failed to agree on valuation, bringing months of negotiations to an end.

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1 min

January 09, 2026

Financial Express Kolkata

Brands must choose reputation over reach

THE GROK CONTROVERSY exposes a fundamental breach of trust that should alarm every brand on X.

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1 min

January 09, 2026

Financial Express Kolkata

Bangladesh suspends visa services in India

BANGLADESH'S INTERIM GOVERNMENT on Thursday saidit hasasked its key missions in India,including at New Delhi, to suspend visa services over security concerns.

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1 min

January 09, 2026

Financial Express Kolkata

BMW India clocks 14% growth in 2025

BMW GROUP INDIA sold 18,001 cars in calendar year 2025, recording a 14% yearon-year growth.

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1 mins

January 09, 2026

Financial Express Kolkata

Sebi alleges BofA unit shared private info

THE SECURITIES AND Exchange Board of India (Sebi) has accused a Bank of America (BofA) entity of violating insider trading rules and breaking internal “Chinese walls” in a 2024 share sale, a notice from the markets regulator showed.

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1 min

January 09, 2026

Financial Express Kolkata

US trade gap narrows to lowest since 2009

SHARP PULLBACK IN IMPORTS

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1 mins

January 09, 2026

Financial Express Kolkata

'Vision cars must reflect what finally reaches the road'

As M&M sharpens its premium ambitions and prepares a new wave of products, its Chief Design & Creative Officer Pratap Bose tells Akbar Merchant about how distinct sub-brand identities, production-led 'vision cars' and a growing influence of software and EV-led thinking are shaping the automaker's design strategy for the next decade.

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1 mins

January 09, 2026

Financial Express Kolkata

IT deal activity picks up pace

SHIFT REFLECTS ADOPTION OF AI ACROSS ENTERPRISE CLIENTS

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2 mins

January 09, 2026

Financial Express Kolkata

Airlines set to step up bank borrowing

YEAR OF HIGH PURCHASES

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2 mins

January 09, 2026

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