Apple has named John Ternus as its next CEO, with current leader Tim Cook transitioning to executive chairman. The move drew praise from prominent investors.
John Ternus will take over as Apple's chief executive officer, marking a significant leadership transition for the tech giant. Tim Cook, who has led Apple since 2011, will assume the role of executive chairman.
Ross Gerber, co-founder and CEO of Gerber Kawasaki Wealth and Investment Management, expressed strong support for the decision. "I couldn't be happier about it," Gerber stated in remarks on Bloomberg The Close.
Ternus, who previously served as senior vice president of hardware engineering at Apple, has been instrumental in developing the company's product lineup. His promotion reflects Apple's confidence in his ability to navigate the company's future strategic direction.
The leadership change positions Cook to focus on broader corporate strategy and stakeholder relations while Ternus assumes day-to-day operational responsibilities. The announcement signals continuity in Apple's leadership structure during a period of ongoing innovation in consumer technology.
The Trump administration has reached an agreement with Volvo Car AB, allowing the automaker to avoid a proposed US ban on connected vehicles with Chinese ties.
Apple's overhauled Siri AI arrives in iOS 27 public beta with practical improvements but lacks the polish of competing assistants. The update prioritizes task completion over conversational flair.
New Delhi announced a combined $6.5 billion smartphone manufacturing program and $13.3 billion semiconductor initiative to build a competitive electronics supply chain independent of Chinese production.
Short-form video content has fundamentally changed how social media algorithms distribute information. Feed curation is no longer transparent, driven instead by complex algorithmic systems that prioritize engagement over user intent.