John Ternus named CEO of Apple, succeeding Tim Cook
Apple has announced a leadership change as Tim Cook steps down as CEO. John Ternus, currently the hardware boss, will take over the role. (sources: theverge, thehill, fortune, marketwatch, theguardian)
Tim Cook will step down as CEO of Apple on September 1st, transitioning to the role of executive chair of the board. John Ternus, who is the senior vice president of hardware engineering, will succeed him.
- Tim Cook has led Apple for nearly 15 years.
- John Ternus is currently the senior vice president of hardware engineering.
- Cook will become the executive chair of the board of directors.
Why it matters
This leadership change marks a significant transition for Apple as it continues to evolve in the tech industry.
↓ Why this is on ModernAction
2 bills on this issue are moving right now — and the most active one is App Store Accountability Act.
HR3149 · 119th Congress
App Store Accountability Act
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About this bill
What HR3149 actually does
This story is about Apple announcing Tim Cook stepping down and John Ternus becoming CEO. This bill would require large app stores to verify user age, link minors to parent accounts, and give the FTC oversight of that nationwide system.
If passed, it would:
- Require age verification at sign-up for large app stores • Mandate parental approval for minors’ downloads and purchases.
1 other bill moving on this issue
Take action on any of them individually.
This story is about Apple’s leadership change as John Ternus succeeds Tim Cook at Apple. The bill would ban certain app-store tying and exclusivity rules, let FTC/DOJ/State AGs enforce them, and allow limited developer suits and reporting requirements.
If passed, it would
- Prohibit app-store tying and mandatory in-app payment systems • Authorize enforcement by FTC, DOJ, and state attorneys general.