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Tim Cook to Step Down as Apple CEO, John Ternus Named Successor
TechnologyAPReutersBBC+77bloombergNYTwsjFTle-mondeThe GuardianNPRAl Jazeera+69 more22m ago80 sources

Tim Cook to Step Down as Apple CEO, John Ternus Named Successor

Apple CEO Tim Cook will step down from his position in September after 15 years, with John Ternus announced as his successor. Cook is expected to assume the role of Chairman, marking a significant leadership change for the tech giant.

Trump Imposes 100% Tariffs on Prescription Drugs
HealthAPReutersBBC+51bloombergNYTwsjFTThe GuardianAl JazeeraCNNFox News+43 more17d ago54 sources

Trump Imposes 100% Tariffs on Prescription Drugs

Former President Trump has imposed 100% tariffs on prescription drugs from companies that have not agreed to lower prices, a move aimed at incentivizing domestic production and reducing drug costs in the United States.

Top US Counterterrorism Official Resigns Over Iran War Concerns
PoliticsNYTwsjThe Guardian+17Al JazeeraFox Newscbcberlingskele-figaroder-standardFrance 24publico+9 more1mo ago20 sources

Top US Counterterrorism Official Resigns Over Iran War Concerns

A top U.S. counterterrorism official has stepped down, citing concerns about a potential war with Iran, adding to the growing dissent within the administration regarding its Middle East policy.

Tim Cook Recalls Steve Jobs Offering Him Apple CEO Role
TechnologyTimes of India1mo ago

Tim Cook Recalls Steve Jobs Offering Him Apple CEO Role

Apple CEO Tim Cook has shared memories of Steve Jobs offering him the leadership role, along with advice to 'just do the right thing' rather than emulate Jobs. Cook also highlighted Apple's enduring culture of intense debate and collaboration.

Social Media Addiction Lawsuit Against Tech Giants Heads to Jury
TechnologyBBCbloombergNYT+14wsjThe GuardianNPRAl JazeeraDWFrance 24Business InsiderThe Independent+6 more2mo ago17 sources

Social Media Addiction Lawsuit Against Tech Giants Heads to Jury

A bellwether trial against Meta and Google regarding social media addiction and its harm to children is nearing a jury decision, potentially influencing over 1,600 similar lawsuits nationwide.

Businessseeking-alpha6d ago

Nike Stock Boosted by Insider Buys

Nike's stock received a lift following insider purchases by CEO Hill and Tim Cook. This activity often signals confidence in the company's future performance.

Apple at 50: Navigating AI, Trade Wars, and Innovation Challenges
Technologycnbcel-mundomarketwatch+1The Week19d ago4 sources

Apple at 50: Navigating AI, Trade Wars, and Innovation Challenges

As Apple marks its 50th anniversary, the tech giant faces significant challenges including the rise of AI, ongoing trade wars, and the need to maintain innovation momentum to shape its future, alongside anticipated leadership transitions and questions about its premium brand.

EssilorLuxottica Logs Worst Week In Nearly Four Years As Apple Eyes AI Smart Glasses
Businesszerohedge1mo ago

EssilorLuxottica Logs Worst Week In Nearly Four Years As Apple Eyes AI Smart Glasses

EssilorLuxottica Logs Worst Week In Nearly Four Years As Apple Eyes AI Smart Glasses Shares of EssilorLuxottica SA are on track for their worst weekly decline in nearly four years, as competition in the smart-glasses market intensified this week following reports that Apple plans to launch AI-powered smart glasses in 2027. EssilorLuxottica manufactures the smart glasses that Meta sells under the Ray-Ban partnership. These glasses are in the sub-$500 category, which proves that affordability wins. Meta nailed that sweet spot in pricing, while Tim Cook's $3,500 Vision Pro has been an epic bust and failed to achieve mass adoption. It's not just Apple. Citigroup analyst Veronika Dubajova noted this week that her team "expects a number of competitive launches in the smart eyewear market over the next 12 to 24 months." Bloomberg-tracked Wall Street analyst ratings show no meaningful wave of downgrades following this week's Apple news, with roughly 93% of covering analysts maintaining a "Buy" recommendation. Stifel analyst Cedric Rossi said that the entry of Apple and Google into the smart-glasses market represents more of a catalyst than a threat. "Their presence should accelerate consumer awareness and expand the total addressable market," he told clients earlier this week, adding that EssilorLuxottica "retains several key competitive advantages." Shares of EssilorLuxottica in Paris are down about 10% this week, marking their largest weekly decline since the first week of March 2022. From the 2025 peak, shares are down 26%. Goldman analyst Jerry Shen recently published a detailed view of the AI and AR glasses supply chain, breaking it down by the companies that supply the critical components behind these devices (see report). Tim Cook blew it with Vision Pro ... Meta takes the win. Apple has to focus on affordability ... Tyler Durden Fri, 02/20/2026 - 08:20

Berkshire Hathaway CEO Greg Abel Makes Unprecedented Move
FinanceBusiness InsiderYahoo2d ago2 sources

Berkshire Hathaway CEO Greg Abel Makes Unprecedented Move

Greg Abel, Warren Buffett's successor as CEO of Berkshire Hathaway, has reportedly made a significant business move that his predecessor never did. This action highlights his evolving leadership style and the challenges of stepping into an iconic CEO's role.

Tim Cook Buys More Nike Stock, Boosting Shares
BusinesscnbcmarketwatchYahoo5d ago3 sources

Tim Cook Buys More Nike Stock, Boosting Shares

Apple CEO Tim Cook has purchased another $1 million worth of Nike shares, marking his second investment in four months. This move is seen as a significant vote of confidence and contributed to a rise in Nike's stock price.

Artemis II Mission Concludes with Successful Splashdown and Recovery, Paving Way for Future Lunar and Mars Exploration
TechnologyBBCNYTwsj+60FTle-mondeThe GuardianNPRAl Jazeeradr-dkFox Newsyle-uutiset+52 more9d ago63 sources

Artemis II Mission Concludes with Successful Splashdown and Recovery, Paving Way for Future Lunar and Mars Exploration

The Artemis II mission has successfully returned to Earth with a smooth splashdown in the Pacific Ocean after its historic lunar flyby, setting new distance records. Recovery operations for the Orion capsule began immediately, as NASA officials and political figures, including former President Trump, lauded the achievement and emphasized its significance for future human space exploration to the Moon and Mars amidst a growing space race with China.

Apple Celebrates 50 Years, Reflecting on its History and Design Legacy
TechnologyFTnzzle-figaro+4vgBusiness InsiderhvgTimes of India18d ago7 sources

Apple Celebrates 50 Years, Reflecting on its History and Design Legacy

Apple is celebrating its 50th anniversary, with reflections on its tumultuous history, including its near-bankruptcy and subsequent success under Steve Jobs. The company's first chief designer, Hartmut Esslinger, also shared insights into shaping Apple's iconic design and his critical view of the company today.

Apple CEO teases big week ahead: iPhone 17e, new MacBook and iPad launch expected
TechnologyTimes of India1mo ago

Apple CEO teases big week ahead: iPhone 17e, new MacBook and iPad launch expected

Apple CEO Tim Cook has confirmed a "big week ahead," with product announcements starting Monday, March 2. Apple is expected to unveil the iPhone 17e, a budget MacBook powered by the A18 Pro chip, an M4 iPad Air, and an entry-level iPad with A18. The launches lead up to a hands-on "Apple Experience" event on March 4 in New York, London, and Shanghai.