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Cook will tread a thin line between Washington and Beijing as the world's two largest economies vie for supremacy....

With incoming chief John Ternus, Apple is doubling down on hardware in the age of AI....

Apple's planned leadership transition is placing artificial intelligence capability gaps at the center of the agenda for incoming chief executive John Ternus. The company has confirmed that Ternus, currently senior vice president of hardware engineering, will take over as CEO on September 1, while Tim Cook will move into the role of executive chairman....

Outgoing CEO took stood up for users in battle with FBI but concessions abroad undermine claims of protecting 'fundamental right'In his 15 years as Apple's top executive, Tim Cook has projected an image of the company as a champion of privacy rights. As he prepares to leave that role in September, that legacy has come back into focus. Cook trumpeted the iPhone maker's commitment to privacy at home in the US and the EU, calling privacy “a fundamental right” but his acquiescence to government demands abroad call his dedication to protecting users into question.Cook cemented Apple's pro-privacy reputation in 2015 when he resisted the FBI's demands to unlock the iPhone of a mass shooter in San Bernardino, California. The company played up that public image in 2019 with playful ads that read, “Privacy. That's iPhone”, positioning Apple as the obvious choice for people who cared about privacy. In 2021, Apple added a feature, App Tracking Transparency, that allowed iPhone owners to limit an app's...

John Ternus, Apple Inc.'s next chief executive officer, is up against a major challenge as he settles into the role: retaining top talent during a time of historic turnover....

Apple (AAPL) closed at $266.17 in the latest trading session, marking a -2.52% move from the prior day....

Cook, too, faced big doubts on whether he could successfully succeed an iconic leader. His early moves are a guide to how it's done....

With the promotion of silicon head Johny Srouji to hardware boss, Apple is showing urgency its its effort to make custom chips for all iPhones and Macs....

When Apple announced Monday that longtime leader Tim Cook would be replaced by John Ternus, it published an image of the two executives walking side by side at the company's campus in Cupertino, California. Both men are wearing Apple Watches, dark button-up shirts and blue jeans as they smile at each other — a near mirror image. The implication: Ternus, Apple's hardware head, will bring continuity as chief executive officer and help preserve Cook's legacy.  But Ternus will have a challenge when he officially takes the job in September. Even as he maintains Apple's device empire — and its more than $400 billion in annual revenue — the executive will need to take chances, enter new product categories and find the company's footing in artificial intelligence. Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech, joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)...

In a move that took the tech world by surprise, Apple revealed Cook (right) will be succeeded by long-term hardware boss John Ternus (left)....

Tech executives from Amazon, Apple, Google and Meta have dined with Trump and donated millions to his inauguration fund and the White House ballroom....

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Cook, who joined Apple in 1998, succeeded Steve Jobs as CEO in 2011 and went on to transform Apple into a $4 trillion powerhouse. ...

Am US-Aktienmarkt hat es Dienstag wegen der weiterhin offenen Zukunft des Iran-Krieges Verluste gegeben. Kurz vor dem Ablauf der Waffenruhe wurden die Anleger wieder nervöser ob der Bedenken, dass die Hoffnung auf weitere Gespräche zwischen Washington und Teheran vielleicht vergeblich sein könnte....

Apple's top job comes with almost unrivaled power and money, but it comes with plenty of baggage, too....

On this special edition of “Bloomberg Tech,” Caroline Hyde and Ed Ludlow discuss Apple's CEO transition as the company announces hardware boss John Ternus will take over for Tim Cook on Sept. 1. Plus, Cook will become executive chairman, ensuring his corporate diplomacy skills and his strong ties with President Donald Trump remain on call for Apple. And, Ternus' appointment signals Apple plans to stay focused on hardware. (Source: Bloomberg)...

Apple's true innovation is betting on hardware as the clearest path to profit from the AI revolution....

Walter Piecyk of Lightshed Partners has been saying for over a year that Apple needs a new CEO, and now they're getting one. Piecyk is on "Bloomberg Surveillance." (Source: Bloomberg)...

A new product-focused leader and an exciting hardware pipeline could be the exact catalyst the tech stock needs....

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