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Apple CEO Tim Cook stepping down in September: 'It has been the greatest privilege of my life'

Cook will turn the title over to John Ternus, Apple’s head of hardware engineering, on September 1, while remaining involved with the Cupertino, California company as executive chairman.

Latest Business

JPMorgan and Jeffrey Epstein: the long goodbye

Red flags were raised about the sex offender’s activity since the early 2000s — but the bank continued with him for years after his arrest

Oil trades close to $100 after attacks in Gulf

Ships and energy infrastructure in the Gulf hit by new wave of strikes

Estée Lauder sues perfumer Jo Malone for breach of contract

US company objects to use of British entrepreneur’s name in her collaboration with Zara

YouTube Lays Claim to Another Crown: The World’s Largest Media Company

The influential financial research firm MoffettNathanson suggests that the Google-owned video platform passed Disney's media business in 2025.

Meta Announces Major AI Chips Deal With AMD—Months After Chipmaker’s Similar Move With OpenAI

Meta announced a massive deal with AMD on Tuesday, which would see the social media giant agree to purchase six gigawatts of processors for AI from the semiconductor manufacturer and possibly acquire stock worth up to 10% of the company—very similar to a deal AMD struck with OpenAI last October.

Paramount Submits Higher Offer for Warner Bros.

The new bid improves on the $30-a-share, all-cash proposal that Paramount took directly to Warner Bros. shareholders on Dec. 8 and addresses some of the company’s concerns with previous offers.

Elon Musk Merges SpaceX With His A.I. Start-Up xAI

The deal further intermingles Mr. Musk’s companies and creates the most valuable private company on earth.


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