Apple has awarded rare retention bonuses to its iPhone hardware designers in an effort to curb a growing wave of departures to AI startups, particularly OpenAI. The bonuses, granted as restricted stock units that vest over four years, are valued at approximately $200,000 to $400,000 per recipient over the full vesting period. Apple’s leadership is increasingly concerned about the poaching of key engineering talent, with OpenAI emerging as a significant threat after hiring former Apple design chief Jony Ive along with several dozen other Apple engineers. Mark Gurman for Bloomberg News:
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Monday, March 30, 2026
Apple awards rare $200K–$400K bonuses to iPhone designers to stem exodus to OpenAI
UK fines Apple subsidiary $516,000 over Russia sanctions breach
Britain said it has issued a £390,000 ($516,000) penalty to Ireland-based Apple Distribution International Limited, a subsidiary of Apple Inc., for breaching its Russia sanctions. A government notice issued on Monday stated that ADI had made funds available to a designated person without a license in relation to two payments in 2022. Reuters:
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Foldable iPhone will be the most significant overhaul in the iPhone’s history
Apple is preparing what may be the most significant redesign in iPhone history: its first true form-factor change with a foldable design. While previous landmark models like the iPhone 4, iPhone 6, and iPhone X brought major updates, this upcoming device represents an entirely new approach — even if it draws inspiration from foldables that other manufacturers have offered for years. Bloomberg News‘ Mark Gurman writes that he’s excited to see how Apple’s take on the format will enhance video watching, productivity, gaming, and potentially even serve as an iPad replacement for many users. Mark Gurman for Bloomberg News:
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Apple awards rare $200K–$400K bonuses to iPhone designers to stem exodus to OpenAI
Apple has awarded rare retention bonuses to its iPhone hardware designers in an effort to curb a growing wave of departures to AI startups, ...
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