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By Donald Lambro
Growth spikes are little more than trend-free anomalies
Independent voices from the The Washington Times Communities
Topic - Steve Dowling
A federal judge is blocking Apple from conducting a shareholder vote on a package of governance proposals, handing a victory to a rebel investor who is trying to persuade the company to share more of its cash with its investors.
Apple Inc. is investing $304 million in a new campus and more than doubling its workforce in the Texas capital, boosted by a $21 million incentive from a state fund designed to attract high-tech companies, Gov. Rick Perry said Friday.
Apple is confirming it has bought Anobit Technologies, an Israeli maker of flash memory technology already used in many of its gadgets.
Apple confirmed Wednesday that it has bought Anobit Technologies, an Israeli maker of flash memory technology already used in many of Apple's gadgets.
A manager at Apple Inc. has been indicted by a federal grand jury in an alleged kickback scheme involving suppliers of iPhone and iPod accessories.
Apple will comply with Sullivan's order and withdraw the issue from the agenda of next week's meeting, said Steve Dowling, a spokesman for the Cupertino, Calif., company.
"We are disappointed with the court's ruling," Dowling said. "Proposal No. 2 is part of our efforts to further enhance corporate governance and serve our shareholders' best interests."