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.
Tim Cook and Nike's CEO have collectively invested $2.1 million in company shares, leading to speculation about their confidence in future performance.
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.
Apple CEO Tim Cook has emphasized China's significance during his visit to Chengdu, underscoring the country's role in the global economy and Apple's operations.
Chinese Premier Li Qiang delivered the opening address at the annual China Development Forum, attended by prominent business leaders like Apple CEO Tim Cook, urging a global commitment to opening up and pledging to create more blue ocean markets amidst rising protectionism.
During his recent visit to China, Apple CEO Tim Cook emphasized China's central role in Apple’s global supply chain and called for tearing down walls that separate and divide, signaling the company's continued confidence in the market.
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 has directly addressed retirement speculations, stating he "loves what I do deeply" and "can't imagine life without Apple." His comments come amid executive departures and as Apple prepares…
Apple is celebrating its 50th anniversary on April 1, marking its journey from a startup to a global tech giant, with CEO Tim Cook expressing gratitude to employees, developers, and customers.
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.
Prominent tech executives, including Tim Cook, Jensen Huang, and Lisa Su, were reportedly cautioned about a potential move by China on Taiwan by the year 2027.
In a letter published by the Steve Jobs Archive, Tim Cook reminisces about his initial years at Apple and the invaluable lessons learned while working alongside Steve Jobs, calling it the best decision of his life.
On what would have been Steve Jobs' 71st birthday, influential friends including Tim Cook, Jony Ive, and Bob Iger shared career tips for creators, celebrating his enduring legacy.
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.
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 CEO Tim Cook has disclosed his long-held denial regarding Steve Jobs' illness, admitting he had expected his predecessor to recover and continue his involvement with the company, even just weeks before Cook assumed the CEO position.
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.
Apple CEO Tim Cook's recent statement encouraging users to spend less time on their iPhones has led to widespread internet speculation that the company is preparing to launch a new product.
Apple CEO Tim Cook has expressed praise for the company's partners in China, even as Beijing continues to apply pressure on foreign businesses operating in the country.
Tim Cook’s Beijing itinerary – from MOFCOM meeting to Sanlitun – highlights Apple’s deepening engagement and investment commitment in China Global Times
Apple CEO Tim Cook stated that looking at one's phone more than someone's eyes indicates 'you're doing the wrong thing,' emphasizing the importance of human connection over device interaction.
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
Micron is committing $200 billion to overcome the memory limitations hindering AI development, aiming to enhance processing capabilities for artificial intelligence.
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.
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.
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.
TechnologyFTnzzle-figaro+4vgBusiness InsiderhvgTimes of India18d ago7 sources
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 Tim Cook expressed admiration for a Chinese director's work in capturing martial arts, highlighting the cultural exchange and artistic talent.
Apple CEO Tim Cook announced that the company experienced its best launch week ever for first-time Mac customers with the new MacBook Neo. The entry-level device is currently out of stock, with new orders facing a two to three-week shipping delay.
Apple CEO Tim Cook has expressed concerns about excessive screen time, advising users to stop endless scrolling. He suggests that this is not an ideal way to spend one's day.
Even though the gap has narrowed, electronics assembly and component manufacturing still costs more in India than in countries including China and Vietnam.
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.
Apple is reportedly developing smart glasses, which are being touted as Tim Cook's 'next big thing' and a potential competitor to Meta's Ray-Ban smart glasses.
Sen. Marsha Blackburn, R-Tenn., is seeking answers from Apple CEO Tim Cook about the alleged political bias of Apple News, according to a letter obtained by Fox News Digital.