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

Financial Express Kochi

|

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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Indices near all-time high as bears go into hiding

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Cabinet clears rare earth magnet incentive scheme

· Homegrown value chain for sunrise industries

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Top posts at SIDBI, other DFIs now open to pvt talent

THE GOVERNMENT HAS expanded its overhaul of financial sector appointments by opening top posts in development financial institutions (DFIs) - including SIDBI, NABARD, EXIM Bank, IFCI and NHB - to private sector talent.

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Financial Express Kochi

December rush set to make 2025 the biggest IPO year

. 28 firms look to raise ₹48,000 cr next month

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Financial Express Kochi

Data exclusivity will kill generics: Advocacy group

THE GOVERNMENT'S PLANS to introduce data exclusivity provisions in the country's drug regulatory framework pose a risk to the generics market, and could likely create monopolies in the pharma sector, an advocacy group said on Wednesday.

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1 min

November 27, 2025

Financial Express Kochi

Torrent nears deal to buy L&T unit for $1.2 bn

TORRENT POWER'S TALKS to acquire Larsen & Toubro's (L&T) thermal power business are at an advanced stage, with an agreement expected to be reached before the year-end, people familiar with the discussions said.

time to read

1 min

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Financial Express Kochi

Reliance JV set to build $11-bn AI data centre

· Visakhapatnam campus likely to be ready by 2030

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1 min

November 27, 2025

Financial Express Kochi

Kharif rice output hits record high; pulses, soya fall

THE COUNTRY'S RICE production during the kharif season that ended in October reached a record 124.

time to read

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November 27, 2025

Financial Express Kochi

Delhi most polluted,60% districts in India breach annual PM2.5 limits

DELHI RANKED AS the most polluted among 33 states and Union territories with an annual mean PM2.5 concentration of 101 micrograms per cubic metre, 2.5 times the Indian standard and 20 times the WHO guideline, according to a new satellite-based analysis.

time to read

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November 26, 2025

Financial Express Kochi

'With Sierra, we're targeting SUV market share of 20-25%'

Tata Motors relaunched the Sierra on Tuesday. Shailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles, tells Akbar Merchant the SUV should appeal to younger buyers looking for something different in terms of styling, a premium feel and who want their SUVs to reflect their personality. Excerpts:

time to read

1 mins

November 26, 2025

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