Steve Jobs
The Tech Download: How Apple’s new chief could shake things up
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. The week kicked off with major news that Apple’s chief Tim Cook will step down this year, with Senior Vice President of Hardware Engineering John Ternus taking over as CEO in September. Cue tech and political leaders praising […]
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New Apple CEO John Ternus doubted himself when he started: ‘I wasn’t sure I belonged’
Apple is adding a new CEO to its ranks and continuing a long-running tradition of internal promotion. The iPhone maker on Monday announced that CEO Tim Cook will step down as chief executive in September and named senior vice president of hardware engineering John Ternus as his successor. Cook will serve as executive chairman. He […]
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Tim Cook turned Apple into a $4 trillion juggernaut by not trying to be Steve Jobs
Steve Jobs (R), Apple Inc. CEO, and Tim Cook, Apple Inc. Coo, speak at a press conference at Apple headquarters in Cupertino, California. Kimberly White | Corbis Historical | Getty Images In his time running Apple, Tim Cook has been more like the “president of a country, not a company,” according to Deepwater Asset Management’s […]
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CNBC Daily Open: Tim Cook finds the new Apple of his eye
Apple’s John Ternus speaks during Apple’s annual worldwide developer conference (WWDC) in San Jose, California, June 5, 2017. Stephen Lam | Reuters Hello, this is Hui Jie writing to you from Singapore, while Leonie is away preparing for CNBC’s CONVERGE LIVE event, featuring names like former Canadian PM Justin Trudeau and Capital Group CEO Mike […]
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CNBC Daily Open: Ternus turns the page at Apple
Tim Cook and John Ternus at Apple Park. Courtesy: Apple Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Apple is turning a page as CEO Tim Cook hands over the reins to successor John Ternus, marking only the second leadership transition since Steve Jobs. Meanwhile, […]
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CNBC Daily Open: Ternus turns the page at Apple
Tim Cook and John Ternus at Apple Park. Courtesy: Apple Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Apple is turning a page as CEO Tim Cook hands over the reins to successor John Ternus, marking only the second leadership transition since Steve Jobs. Meanwhile, […]
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Apple at 50: The iPhone maker ‘blew a 5-year lead’ on AI, but former insiders say it can still win
CUPERTINO, Calif. — Nasdaq brought its market open festivities to Apple’s sprawling Silicon Valley headquarters on Tuesday, the eve of the company’s 50th birthday. From a desk inside Apple Park, the ring-shaped campus that Steve Jobs spent his last years helping design, Tim Cook rang the opening bell and, in the process, ushered in the […]
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Warren Buffett says he sold Apple too soon and would buy more of it, though not in this market
Key Points Warren Buffett said he sold Apple too soon and would buy more of it, though not in the current market. “It’s not impossible that Apple would get to a price, we would buy a lot of it,” Buffett told CNBC’s Becky Quick. “But not in this market.” The billionaire investor also announced he’s […]
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Meta inks deal to pay Corning up to $6 billion for fiber-optic cables in AI data centers
As Meta tries to rapidly construct massive data centers to keep pace with the artificial intelligence craze, it’s turning to a 175-year-old glass manufacturer for help. Meta has committed to paying Corning up to $6 billion through 2030 for fiber-optic cable in its AI data centers, Corning CEO Wendell Weeks told CNBC in an exclusive […]
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Steve Jobs once called designer Jony Ive his ‘spiritual partner’ at Apple—OpenAI just bought his tech startup for $6.4 billion
OpenAI CEO Sam Altman called Jony Ive “the greatest designer in the world” on Wednesday after announcing his company’s plan to buy Ive’s artificial intelligence device startup io, in a deal worth $6.4 billion. The deal signals OpenAI’s intention to build consumer devices, likely meant to get more people using its AI services regularly. Altman […]
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