John Ternus to succeed Tim Cook as CEO of Apple
Tim Cook will step down as CEO of Apple, transitioning to the role of executive chairman. John Ternus, currently head of hardware engineering, will take over as CEO. (sources: foxbusiness, aljazeera, npr, nbcnews, businessinsider)
Tim Cook will hand over CEO responsibilities to John Ternus on September 1. Cook will remain with Apple as executive chairman.
- Tim Cook will step down as CEO of Apple on September 1.
- John Ternus, head of hardware engineering, will succeed Cook as CEO.
- Cook will continue to be involved with Apple as executive chairman.
Why it matters
This leadership change marks a significant transition for Apple as it prepares for future developments under new management.
↓ 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 Tim Cook stepping down as Apple CEO and John Ternus taking over as CEO of Apple. This bill would require large app stores to use a nationwide system for under-18 users that verifies age, links minors to a verified parent account, and requires parental approval for downloads and purchases.
If passed, it would:
- Require app stores to verify user age and link minors to parent accounts • Give FTC oversight of the nationwide age-verification system.
1 other bill moving on this issue
Take action on any of them individually.
This story is about Tim Cook stepping down as Apple CEO and John Ternus taking over as CEO of Apple. The bill would impose competition rules on large app stores that change how they treat developers and competing services, and increase developer and user choice in app distribution and payment options.
If passed, it would
- Impose competition requirements on large app stores related to developer treatment • Increase developer and user choice in app distribution and payment practices.