Tim Cook, chief executive officer of Apple. Photo: Justin Sullivan/Getty Images

Apple CEO Tim Cook told CNBC on Tuesday that the company will roll out more services to its growing healthcare footprint this year, adding that health will be the tech giant’s "greatest contribution to mankind."

The big picture: Though Cook didn't offer any specifics, the company has recently been investing in health and wellness programs through the Apple Watch, adding features that can monitor users' heart rates and detect falls. Apple has also hired dozens of doctors, an indication of its broader health care aspirations.

Other highlights:

  • Cook reiterated to CNBC that the economic slowdown in China contributed to Apple's revenue warning last week, but said that he believes the downturn is temporary and that he has heard "some very encouraging words" about a possible U.S.-China trade deal.
  • Cook also said that Apple has not been in "any settlement discussions" with chipmaker Qualcomm since the third quarter of 2018.
  • P.S. The Wall Street Journal reported Tuesday that Cook received a 22% pay raise in fiscal 2018 after Apple blew past its sales and profit goals, bringing his annual compensation to $15.7 million.

Go deeper: Apple's expanding health lab

Go deeper

Ina Fried, author of Login
15 mins ago - Technology

Amazon wants to flood America with Alexa cameras and microphones

Photo: Amazon

In a Thursday event unveiling a slew of new home devices ahead of the holidays, Amazon made clearer than ever its determination to flood America with cameras, microphones and the voice of Alexa, its AI assistant.

The big picture: Updating popular products and expanding its range to car alarms and in-home drones, Amazon extended its lead in smart home devices and moved into new areas including cloud gaming and car security. The new offerings will also fuel criticism that the tech giant is helping equip a society built around surveillance.

Ben Geman, author of Generate
1 hour ago - Energy & Environment

Oil's turbulent long-term future

Illustration: Aïda Amer/Axios

The oil sector is facing risks from all sides.

Why it matters: Risk in the industry is nothing new. But these are especially turbulent and uncertain times. The industry's market clout has waned, the future of demand is kind of a mystery, and future U.S. policy is too, just to name three.

Meadows on Wray's voter fraud dismissal: "He has a hard time finding emails in his own FBI"

White House chief of staff Mark Meadows dismissed FBI Director Chris Wray's testimony that the U.S. has never historically seen evidence of widespread voter fraud, including by mail, during an appearance on "CBS This Morning" on Friday.

Why it matters: Meadows' statement highlights the Trump administration's strategy to sow doubt in November's election results by challenging the legitimacy of mail-in ballots, which are expected to skew heavily in Democrats' favor.

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