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April 21, 2026, 12:35 PM
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CNBC:
John Ternus, senior VP of Hardware Engineering, will become Apple's next CEO on September 1; Tim Cook will become executive chairman of Apple's board  —  Apple said on Monday that John Ternus is succeeding Tim Cook as CEO, with Cook assuming the role of executive chairman on Sept. 1.
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Mark Gurman / Bloomberg:
In an email to employees, Johny Srouji details newly combined hardware engineering and hardware technologies division, organized across five key areas
Apple:
Apple says Johny Srouji, who most recently served as senior VP of Hardware Technologies, will assume an expanded role leading Hardware Engineering
Mark Gurman / Bloomberg:
Longtime colleagues say John Ternus will bring back Jobs-era decisiveness, shifting from Cook's era when decisions were made collectively by top executives  —  When Apple Inc. announced Monday that longtime leader Tim Cook would be replaced by John Ternus, it published an image …
John Gruber / Daring Fireball:
Tim Cook reshaped Apple in his own image and exits as CEO on his own terms, seemingly picking the right successor in John Ternus, much like Jobs did with Cook  —  It's a profoundly different feeling today than the last time Apple's CEO announced his transition to chairman of the board …
Rolfe Winkler / Wall Street Journal:
A profile of John Ternus, a mechanical engineer by background, who joined Apple in 2001 and whose biggest success was helping Mac's transition to Apple Silicon  —  John Ternus must help Apple catch up in the AI race as it looks for its next big hit  —  The Mac Mini was sorely in need of an update …
Ben Thompson / Stratechery:
Tim Cook had an extraordinary run and impeccable timing in stepping down, with Apple in a better place than it has ever been as AI becomes its next big test
Vlad Savov / Bloomberg:
Tim Cook's 15-year legacy by the numbers: Apple's market cap grew from $350B in 2011 to $4T+ now, net income rose ~700% to $112B for FY 2025, and more
Tom Warren / The Verge:
Microsoft cuts Xbox Game Pass Ultimate price from $29.99 to $22.99/month and PC Game Pass from $16.49 to $13.99, but both tiers won't get new Call of Duty games  —  After Xbox CEO Asha Sharma admitted last week that “Game Pass has become too expensive for players,” Microsoft is dropping …
Digiday:
OpenAI enables cost-per-click ads inside ChatGPT, setting bids at between $3 and $5 per click, in addition to CPMs  —  The platform that can figure out how to prove AI chatbots can drive an outcome will unlock a budget category that doesn't exist yet.  OpenAI just took big steps toward that threshold …
Ashley Capoot / CNBC:
Amazon agrees to invest up to $25B in Anthropic, on top of the $8B that it has already invested; Anthropic commits to spend $100B+ on AWS over the next 10 years  —  Amazon has agreed to invest up to $25 billion in Anthropic, on top of the $8 billion that it's poured into the artificial intelligence startup …
Juro Osawa / The Information:
Anthropic started requiring government-issued photo IDs and selfies from some users to prevent access from US adversaries like China, Russia, and North Korea  —  Anthropic has quietly flourished in China thanks to businesses—including big tech firms and startups—circumventing Anthropic's official restrictions on usage.
Financial Times:
Sources: Jeff Bezos' Project Prometheus is close to a $10B fundraising deal, which includes an initial $6.2B raise in November, at a $38B post-money valuation  —  Company code-named Project Prometheus is working on models for industrial applications
Muvija M / Reuters:
UK's Ofcom launches an investigation into Telegram over concerns of CSAM being shared on the platform and it being used by predators to groom children  —  Britain's communications regulator, Ofcom, launched an investigation on Tuesday into the Telegram messaging app after evidence suggested …
Sally Weale / The Guardian:
The UK proposes an amendment to the Children's Wellbeing and Schools Bill to ban smartphones in all schools in England; a ban was previously just advisory  —  Government amendment to children's wellbeing and schools bill to replace existing guidance with statutory ban

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From Mediagazer

Sarah Fielding / Fast Company:
Meta delays new commercial terms that critics say let it scrape publisher content to November 20, a day after the News/Media Alliance demanded their withdrawal

Matthew Keys / TheDesk.net:
Democratic FCC Commissioner Anna Gomez urges the NAB, the broadcast industry's largest lobbying group, to defend the right of TV newsrooms to report on polls

Carlos Greer / Page Six:
Former Fox Nation host Britt McHenry is forced to resign from her new US State Department press adviser job after being filmed in a confrontation at an NBA game

More News

Ashley Capoot / CNBC:
Trump says his administration had “some very good talks” with Anthropic during a WH meeting last week and “it's possible” there will be a deal with DOD

Earlier Picks

Zac Hall / 9to5Mac:
OpenAI rolls out Chronicle, which builds memories from screen captures to make Codex more aware of context, as a research preview for Pro subscribers on macOS
André Beganski / Decrypt:
RaveDAO's RAVE has lost $6.6B+ in market cap and its price has sunk ~98% since Saturday, after ZachXBT called on exchanges to probe if it was being manipulated
David McCabe / New York Times:
Filing in California's antitrust lawsuit: CA accuses Amazon of price-fixing by pressuring brands to ask competing retailers to increase prices on some products
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