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Apple Under Tim Cook: 20x jump in market cap, quadruple sales and more

Tim Cook will step down as the CEO of Apple on September 1, marking an end to a 15-year tenure that set many records for the iPhone manufacturer. Cook, 65, will be replaced by John Ternus, 50, who has been the head of hardware engineering at the Cupertino, California-based company since 2021 and has spent … Read more

Apple names John Ternus as next CEO; Tim Cook to become chairman

Apple Inc. named hardware chief John Ternus as the iPhone maker’s next leader, with Chief Executive Officer Tim Cook shifting to the role of executive chairman. Ternus will become CEO on Sept. 1, the company said in a statement Monday. The Apple veteran was head of hardware engineering since 2021 and has spent 25 years … Read more

From AI shopping to video, Alibaba is making the investments analysts want to see

The Chinese tech company’s shares are on track for their best month since January. Alibaba shares have accelerated their gains this month as the Chinese e-commerce giant has released a succession of new artificial intelligence models. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking: CNBC-TV18’s flagship events Interaction with CNBC-TV18’s journalists Webinars & … Read more

Roblox to pay $12 million in Nevada deal, adds age checks and tighter kid safety rules

Roblox, a gaming platform popular with kids, will implement increased protections for young users and pay more than $12 million to the state of Nevada in what state Attorney General Aaron Ford on Wednesday called a first-of-its-kind agreement. “This settlement will create a safer environment for our children online, and I hope that it will … Read more

Apple, Google under fire as report finds nudified apps with 483 million downloads

Apple Inc. and Google have continued to offer mobile apps that let users make nonconsensual sexualized images of people despite their policies prohibiting such content, according to a report published Wednesday by the Tech Transparency Project. Searching for terms like “nudify” and “undress” in the Apple and Google app download stores gives customers access to … Read more

Humanoid robots outpace humans in Beijing half-marathon

A field of humanoid robots lined up alongside human runners in Beijing on Sunday, but by the end of the half-marathon, it was the machines that drew the spotlight, not just for finishing the race, but for doing so at record-breaking speeds. The standout performer, developed by Honor, completed the 21-kilometre course in 50 minutes … Read more

ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressure

The same ChatGPT chatbot that gave OpenAI’s chief financial officer Sarah Friar a tilapia recipe for a recent Sunday night dinner at home is also now doing her most mundane tasks at work like summarizing her emails and Slack messages. Friar and other company executives are banking OpenAI’s future on more of the latter as … Read more

EU proposes forcing Google to share search data with rivals under new digital competition rules

The European Commission has sent preliminary findings to Google outlining proposed measures requiring the company to share search data with third-party search engines under the Digital Markets Act (DMA). Under the proposal, Google would be required to provide access to key search data, including ranking, query, click and view data, on fair, reasonable and non-discriminatory … Read more

Tired of YouTube Shorts? This new feature lets you turn them off: Here’s how it works

YouTube has introduced a new feature aimed at helping users control their time spent on short-form videos. The platform has added an option within its time management tools that allows users to set a daily limit for shorts viewing – even down to zero minutes – effectively reducing or pausing access to the feature. The … Read more

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