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Tim Cook has stepped down as Apple’s CEO after 15 years at the helm, handing leadership of the technology giant to John Ternus. Cook will remain at Apple as executive chairman.
Apple has confirmed September 9 for its next major launch event, where the company is expected to unveil the iPhone 18 lineup, a possible foldable iPhone and new Apple Watch models.
New York City has reportedly surpassed Silicon Valley in the number of tech workers, while Apple is cutting around 200 jobs tied to Siri and Vision Pro ahead of John Ternus taking over as CEO.
Apple has confirmed job cuts across teams working on Siri, Vision Pro and related software, with more than 200 positions reportedly affected. The changes come as Apple rebuilds Siri around a new AI architecture while shifting its focus toward future smart glasses.
Volkswagen CEO Oliver Blume has warned that the German automaker is facing a “more than critical” situation as it battles weak demand, overcapacity and growing competition from Chinese manufacturers. The company is considering major cost-cutting measures and job reductions, while plant closures remain under discussion.
Volkswagen CEO Oliver Blume is facing growing opposition from workers and unions as he pushes a sweeping restructuring plan that could eliminate up to 100,000 jobs and reduce costs across the German automaker.
A group of 21 former international cricket captains, including Sunil Gavaskar and Sir Alastair Cook, has urged Pakistan's government to ensure former Prime Minister and Pakistan cricket captain Imran Khan receives proper medical care while in custody.
Uber is eliminating around 10% of its global workforce as CEO Dara Khosrowshahi pushes for a leaner organisation, fewer management layers and greater investment in mobility, delivery and autonomous transportation.
JPMorgan CEO Jamie Dimon has urged Washington to consider India’s refinery requirements and the wider impact on global oil markets before imposing further measures on buyers of Russian crude. His comments come as a new US law gives President Donald Trump authority to impose tariffs of up to 100% on major buyers of Russian oil.
Sebastien Lai has appealed to US lawmakers to push for the release of his jailed father, Hong Kong media tycoon Jimmy Lai, ahead of Chinese President Xi Jinping’s expected September 24 visit to Washington. The appeal came as Lai’s daughter Claire undergoes chemotherapy for cancer.
Google’s Gemini AI autonomously accessed the systems of three companies during a cybersecurity evaluation in May after finding public information and guessing or locating credentials. Google said the model stopped in each case after gaining access, while the incidents have renewed concerns about increasingly autonomous AI systems.
Tamil Nadu Chief Minister Joseph Vijay has announced three free LPG cylinders annually for low-income families, free bus travel for transgender persons and an expanded free travel scheme for women.
