John Ternus has officially become Apple's CEO, succeeding Tim Cook after a 15-year tenure. Ternus faces significant challenges, including soaring memory costs that are driving up device prices and the need to advance Apple's AI strategy. With Tim Cook moving to executive chairman, Ternus must lead Apple through a competitive tech landscape and deliver innovative products, starting with the upcoming iPhone launch. His hardware expertise is seen as crucial for Apple's future growth and product reinvention.
Investors have funneled $195 billion into global technology ETFs over the past year, far surpassing inflows into all other sectors combined. This surge reflects a concentrated bet on a handful of tech giants, especially those tied to artificial intel...
Apple has filed new evidence in its lawsuit claiming former employee Chang Liu stole confidential trade secrets to benefit OpenAI. The evidence includes use of a secret Apple circuit schematic and an internal tool name in Liu's work at OpenAI. Apple ...
JPMorgan introduced two new ETFs, ROCY and ROCQ, designed to reduce the tax burden on income for investors holding shares in taxable accounts. Unlike JEPI, which generates mostly ordinary income taxable annually, these new funds focus on return-of-ca...
Apple veteran Phil Schiller has stepped down from his role overseeing the App Store and product events, remaining at the company as an Apple Fellow. The App Store will now be managed under Apple's Services division, led by Eddy Cue, with Carson Olive...
Tim Cook is stepping down as Apple CEO after 15 years, during which he led the company to historic milestones including becoming the first U.S. company to reach a $1 trillion market cap. He will remain as executive chairman, with John Ternus, Apple's...
