The Malaysian Insider :: Features
The Malaysian Insider :: Features |
| Apple founding contract fetches RM5m at auction Posted: 13 Dec 2011 10:51 PM PST  The distinctive symbol of one of the world's largest and most envied companies. This sign is outside of the New York City flagship Apple store in New York. — Reuters pic The contract, sold with another document that removed one of the company's initial three partners after just 11 days, was the subject of fierce bidding by six people taking part in the auction over the telephone and online, Sotheby's said. Eduardo Cisneros, chief executive officer of Cisneros Corporation, bought the documents, which had only been expected to fetch up to US$150,000 at Sotheby's auction of books and manuscripts in New York. The contract established the Apple Computer Company and states that Jobs and Steve Wozniak would each be given 45 per cent of Apple's shares. Ronald Wayne, who drafted the contract, was given 10 per cent. But within days, Wayne had decided not be become involved with the fledgling technology company. Wayne was paid US$800, and later another US$1,500, and was released from the contract. His 10 per cent share would today be worth US$2 billion. Wayne sold the documents to a private collector in 1994. Jobs left Apple in 1984 following a power struggle with the company's board of directors but returned to the company in 1996. He would become the central figure in transforming Apple into one of the world's largest and most envied companies. Jobs died on October 5 of pancreatic cancer at the age of 56. — Reuters Full content generated by Get Full RSS. |
| Heir-apparent’s hair apparent in North Korea capital Posted: 13 Dec 2011 10:16 PM PST  Kim Jong-un (centre) visits Mokran Video Company in Pyongyang in this undated picture released by the official KCNA news agency, September 11, 2011. — Reuters file pic Kim, believed to be in his late 20s and known as the "Young General", is packaged to look like his late grandfather, the secretive state's founder, Kim Il-sung. The chubby youngest son of the current leader, Kim Jong-il, slicks his hair back at the top, and has it trimmed to the scalp to about an inch above the ears. Completing the Kim Il-sung look, which experts say is designed to help win over the public's support for dynastic succession, the young Kim wears dark Mao-style suits. The young Kim's haircut is dubbed a "youth" or "ambition" hairstyle in North Korea, South Korea's Chosun Ilbo newspaper reported. Earlier this week, North Korean state news agency KCNA quoted barber An Su-gil as saying the short-cut, medium-cut and square-cut hairstyles are now popular among young men. North Korean newspaper Rodong Sinmun wrote in September that neat and short hair for young people made them "captivating". "A young man with (an) ambitious high-sided haircut looks so sobering and stylish," the paper added. South Korea's Yonhap news agency said North Korean young men prefer short hairstyle for sanitary reasons, not just because they want to look neat and ambitious. Kim Jong-un emerged as the reclusive North's leader-in-waiting last year when he was named a four-star general and given a prominent post within the ruling party. This year he has regularly been photographed alongside his father during visits by foreign officials. — Reuters Full content generated by Get Full RSS. |
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