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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.
A rapidly spreading wildfire near Reno, Nevada, has forced around 42,000 people to evacuate, while another 45,000 have been warned to prepare for possible evacuation as strong winds fuel the blaze.
PayPal is set to eliminate 251 positions at its San Jose headquarters, with senior engineering and management roles among those affected as the company restructures operations and increases its focus on AI.
The India-EU Free Trade Agreement could significantly reshape bilateral commerce once ratified, with India set to lower tariffs on most EU goods while Indian exporters gain wider access to the European market.
