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BUSINESS  
Apple's New CEO John Ternus Faces Test Leading Former Rivals and Senior Peers
- A long-planned succession ushers in a hardware veteran to lead Apple's next chapter. John Ternus will be tasked to manage an executive team of similarly seasoned leaders, many of whom are older than him and were, until recently, contenders for the top job. After years of speculation and quiet succession planning , Apple announced yesterday (April 20) that Tim Cook will step down as CEO in September and be replaced ...

Source: observer.com
US   BUSINESS   TECHNOLOGY  
Apple's New CEO Is a Hardware Guy. That's Actually Good for Apple's AI Plans
- Apple's new CEO, John Ternus , will have to deal with a lot of issues when he takes the reins of the company in September. But undoubtedly the biggest challenge Ternus will have to immediately reckon with is AI. Apple announced on Monday that Cook will be stepping down as CEO after 15 years. Cook led Apple through years of major transformations and  big product drops  that are now part of the daily fabric ...

Source: cnet.com
US   BUSINESS  
California accuses Amazon of pushing rivals to raise prices
- Newly unsealed filings in California's antitrust case outline allegations that Amazon influenced pricing across competing retailers and suppliers California officials allege Amazon may have quietly driven up prices across the internet by pressuring retailers and brands not to undercut its listings, according to newly unsealed court evidence. The allegations, revealed Monday as part of the state's antitrust lawsuit, ...

Source: foxbusiness.com
BUSINESS  
Anthropic gets $5B investment from Amazon, will use it to buy Amazon chips
- Anthropic secures 5 gigawatts of Amazon's custom silicon as Claude demand soars. Amazon has significantly boosted its multibillion-dollar bet on Claude developer Anthropic by investing an additional $5 billion—enabling Anthropic to eventually secure up to 5 gigawatts' worth of AI chips from Amazon to help train and run its popular Claude AI models. Amazon is already one of Anthropic's largest investors, ...

Source: arstechnica.com
BUSINESS  
FAA grounds Blue Origin New Glenn after labeling mission a 'mishap'
- Getting your Trinity Audio player ready... The Federal Aviation Administration has grounded Blue Origin's New Glenn rocket following its Sunday launch from Cape Canaveral. The rocket looked good on the way up, but the upper stage wasn't able to put its payload into the correct orbit. "The FAA is aware that Blue Origin New Glenn 3 experienced a mishap during the second-stage flight sequence following a successful ...

Source: orlandosentinel.com