TIM COOK RESIGNS
Apple's Tim Cook to step down as CEO in September
Tim Cook is stepping down as Apple CEO in September, with John Ternus taking the helm. Cook will transition to executive chairman after a successful tenure expanding Apple's product line and value. The announcement comes as Apple faces pressure to innovate in artificial intelligence, with investors watching Ternus's leadership closely.
Apple CEO Cook is lauded by investors as he prepares for new role
Apple CEO Tim Cook will step down after nearly 15 years, with hardware chief John Ternus taking over. Cook, 65, will transition to executive chairman on September 1. Under his leadership, Apple's market capitalization surged and revenue quadrupled, with the company now preparing for AI-driven industry changes.
Where Steve Jobs’ children are now and why they didn’t inherit his fortun
Apple turns 50 and attention shifts to Steve Jobs’ family. The story looks at where his four children are today and what careers they chose. From writing and investing to modeling and private lives, each followed a different path. It also highlights Jobs’ decision about wealth and independence, making the family story part of Apple’s milestone moment.
Apple's 50-year odyssey has redefined technology, pop culture and comeback stories
Apple Computer Co. began on April 1, 1976, with Steve Jobs and Steve Wozniak. The company faced early struggles but achieved major success with the Apple II and Macintosh. After Jobs' departure and return, Apple launched the iPod, iPhone, and iPad. These innovations propelled Apple to become a global technology leader, a testament to its visionary founders.
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Judge blocks subpoenas against Fed Chair Powell, DOJ to appeal
A US judge has stopped subpoenas targeting Federal Reserve Chair Jerome Powell. The judge ruled the criminal probe was an improper attempt to pressure the Fed. The Justice Department plans to appeal the decision. This development impacts the ongoing investigation and President Trump's efforts to influence monetary policy. Republican senators have also voiced opposition to the probe.
The looming Taiwan chip disaster that Silicon Valley has long ignored
In secret briefings held in Washington and Silicon Valley, national security officials warned executives from companies like Apple, Advanced Micro Devices and Qualcomm that China was making plans to retake Taiwan, which Beijing has long considered a breakaway territory.
The looming Taiwan chip disaster that Silicon Valley has long ignored
If Taiwan is lost, the tech industry won't be able to say it wasn't warned. A New York Times investigation found that executives were so focused on winning in their hypercompetitive markets and maintaining big profit margins that facing up to the Taiwan problem was an afterthought.
Apple loses more AI researchers and a Siri executive in latest departure
Apple has lost at least four more of its artificial intelligence researchers in recent weeks in addition to a top Siri executive, with the staff headed to employers such as Meta Platforms and Google DeepMind.
Quote of the day by Apple CEO Tim Cook: 'Let your joy be in your journey - not in some...'
Apple CEO Tim Cook, a leader known for steady guidance and smart decisions, inspires us to find joy in life's journey, not just distant goals. Under his tenure, Apple has seen significant product launches and growth in services. Cook's emphasis on values like privacy and environmental responsibility, alongside his quiet yet effective leadership, continues to shape the tech giant's future.
Apple CEO Tim Cook may step down soon, claim reports. iPhone maker to have John Ternus as next Chief Executive? Details here
Apple is unlikely to name a new CEO before its next earnings report in late January, which covers the critical holiday period, according to reports.
Apple intensifies succession planning for CEO Tim Cook, FT reports
As Tim Cook's departure from Apple looms on the horizon, anticipated as soon as next year, the company is busy strategizing for the future. John Ternus, who currently leads hardware engineering, appears to be the frontrunner for the coveted CEO spot. Discussions among the board and top executives have intensified as they map out this significant transition.
Trump vs CEOs: Elon Musk, Apple's Tim Cook to Goldman Sachs CEO David Solomon - Full list of prominent Corporate executives whom Donald Trump has publicly blasted
Donald Trump criticized David Solomon in a post on Truth Social. Goldman Sachs Economics Research in a note published on August 10 said that U.S. consumers had absorbed 22 per cent of tariff costs through June and their share will rise to 67 per cent if the recent levies follow the same pattern as the earliest ones.
Before Intel, which CEOs drew Trump's ire?
Donald Trump has publicly criticised several major CEOs, including Intel's Lip-Bu Tan, Apple’s Tim Cook, and Tesla’s Elon Musk, over issues ranging from China ties to production choices. His interventions reflect a pattern of pressuring corporations on political and economic grounds, often sparking controversy and influencing public and investor sentiment.
Sabih Khan joins elite league of India-born C-suite executives at global giants
Sabih Khan, born in Moradabad, has been appointed as the chief operating officer of Apple, joining the ranks of India-born executives leading global corporations. Following in the footsteps of leaders like Satya Nadella and Sundar Pichai, Khan's promotion highlights the increasing presence of Indian talent at the helm of multinational giants.
Jeff Bezos cartoon that his newspaper Washington Post axed goes viral on the web; here's the cartoon and what it meant
Jeff Bezos cartoon drafted for "The Washington Post" has became the cynosure of all eyes on the social media.
Foxconn founder Terry Gou makes first high-profile appearance in months
Terry Gou, who stepped down as Foxconn chief in 2019 and resigned as a board member last September, remains the company's largest shareholder and is still reverentially referred to by company executives as "the Founder".
Apple quietly gives up its Didi board seat after turmoil
Adrian Perica, Apple’s vice president of corporate development, has resigned from Didi’s board, according to a one-sentence release posted on Didi’s website this month. Didi didn’t respond to requests for comment. Apple declined to comment.
Apple closes in on $3 trillion market capitalisation
Apple's march from $2 trillion to near $3 trillion in market cap took just 16 months, as it led a group of megacap tech firms like Google and Amazon that benefited from people and businesses relying heavily on technology during the pandemic.
Apple within a whisker of $3 trillion m-cap
The stock needs to reach $182.86 to record $3 trillion in market value. It rose about 11% last week, extending gains for the year as investors remain confident that consumers will continue to shell out top dollar for iPhones, MacBooks and services such as Apple TV and Apple Music.
'You're always with us': Apple CEO Tim Cook pays tribute to Steve Jobs, says his memory inspires every day
Quoting poet and civil rights activist Maya Angelou, Cook shared a photograph of Jobs on Twitter.
Steve Jobs set the bar high at Apple, but Tim Cook's 9-yr stint as CEO shows he's creating his own legacy
When Cook took over, Apple was worth under $400 bn. It is worth five times more than that today.
Amazon,Microsoft workers join pledge to oppose Muslim registry
The open letter is a response to the election of Donald Trump, and particularly his campaign-season call for a mandatory registry of Muslims living in the US.
Steve Jobs told Tim Cook 'just do what's right'
When Tim Cook took the microphone at a memorial tribute to Jobs, he shared a piece of advice Jobs gave him before his death.
Steve Jobs waged a public battle with cancer
In August, seven years back, Jobs told Apple employees that he has been diagnosed with islet cell neuroendocrine tumour.
Apple co-founder Steve Jobs dead at 56
Jobs's death came the day after Apple unveiled the new iPhone 4S at its headquarters in Cupertino, California.
Apple iPhone 4S: Faster chip to help iPhone outrun Androids
The A5 chip in the iPhone 4S will be seven times faster than the processor in the old model, Apple said on Tuesday at a press conference at its headquarters in Cupertino, California.
Many gigabytes of praise for Steve Jobs who shaped the Tablet
On Wednesday, the US President Barack Obama described Steve Jobs as the 'embodiment of the American dream.'
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