Tim Cook to step down as Apple CEO, John Ternus appointed
Tim Cook will transition from CEO to Executive Chairman at Apple. John Ternus has been named as his successor. (sources: cbsnews, abcnews, dw, bbc, pbs)
Tim Cook will step down as CEO of Apple after 15 years, with John Ternus set to take over the role. Cook will remain with the company as Executive Chairman.
- Tim Cook has been with Apple for nearly 30 years and served as CEO for 15 years.
- John Ternus has a background in design and products at Apple.
- The leadership change is expected to occur in September.
Why it matters
This transition marks a significant leadership change at Apple as the company prepares for shifts in the technology landscape.
↓ Why this is on ModernAction
2 bills on this issue are moving right now — and the most active one is Open App Markets Act.
S2153 · 119th Congress
Open App Markets Act
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About this bill
What S2153 actually does
This story is about Tim Cook leaving the Apple CEO role and John Ternus becoming the new leader at Apple. This bill would set competition rules for very large app stores and change what large app stores like Apple's App Store would require or restrict for developers and users.
If passed, it would:
- Set competition requirements for very large app stores like Apple's App Store • Limit what large app stores would require or restrict from developers and users.
1 other bill moving on this issue
Take action on any of them individually.
This story is about Tim Cook leaving the Apple CEO role and John Ternus becoming the new leader at Apple. The bill would require interoperability and user-choice features for covered app marketplaces and define prohibited app-marketplace practices for enforcement.
If passed, it would
- Require third-party app installs and default app choice in covered marketplaces • Create FTC-linked enforcement for prohibited app-marketplace practices.