Apple Inc. in the news: Ternus named new CEO as Tim Cook steps down after 15 years; tech giant reshapes AI/innovation path. Founded 1976 by Jobs, Wozniak.
The UK government has announced plans to require tech firms to activate or build device-level controls that block nude images on children’s phones and tablets. If firms fail to comply within three months, legislation will be introduced to force compliance, with potential penalties for executives. The move follows the resignation of a safeguarding minister and broad cross-party backing from officials and campaign groups.
Iran's Revolutionary Guards issued a warning targeting 18 US and allied companies, threatening retaliation for alleged involvement in assassinations of Iranian officials. The threat, issued on March 31, warns of destruction starting April 1, prompting evacuations near targeted sites. The US and Israel continue their military operations against Iran.
Futures decline as conflict in Iran continues with no clear end. Oil prices hit new highs, driven by Iran's threats and disruptions to the Strait of Hormuz. Markets remain cautious, with investors wary of prolonged conflict and economic fallout.
Samsung will end its Messages app in the US this July, urging users to switch to Google Messages to access new AI features and improve messaging quality. The change affects newer Galaxy devices, with older models unaffected. The move aims to unify messaging experience on Android devices.
Anthropic has released the Mythos model to a limited group of firms under Project Glasswing and has warned it can find thousands of software vulnerabilities faster than humans. Regulators and finance leaders in the US, UK, EU and Canada have convened urgent meetings, wargames and briefings to assess risks and coordinate defensive access and rules.
Scammers are using fake Apple Pay fraud alerts and high-pressure calls to trick victims into revealing personal information and draining bank accounts. Victims receive messages about suspicious activity, then are manipulated into calling scammers posing as authorities or support. Experts warn to verify directly through official channels.
Booking.com has notified customers that unauthorized third parties may have accessed booking details, names, emails and phone numbers. The breach is driving a rise in phishing attempts that mimic hotel communications. The company says financial information was not accessed and customers should verify reservations directly.
TSMC has announced a record quarterly net profit of 572.5 billion Taiwan dollars ($18.1 billion), driven by strong AI demand. The company is expanding its manufacturing capacity in Taiwan, the US, and Japan, focusing on advanced 3-nanometer chips. It warns of potential impacts from the Iran war but remains optimistic about future growth.
Tim Cook has announced he will step down as Apple CEO and become executive chairman on Sept. 1, 2026, and John Ternus, the company’s head of hardware engineering, has been named CEO-designate. The move has been presented as a planned succession while Apple is confronting AI shortfalls, China supply risks, and pressure to produce a new product wave.
Global stock markets remain near all-time highs even as Bank of England deputy governor warns of a potential correction. Analysts highlight risks from private credit, AI stock valuations, and geopolitical tensions, while strategists expect catalysts and earnings trends to shape the path ahead.
FIA, F1 and teams have moved to fast-track changes to power-unit regulations after a Miami weekend marked by energy-management concerns. Officials aim to tilt the balance toward the internal-combustion engine, with new talks about larger fuel tanks and possible future V8s to restore flat-out racing. The shift comes as teams upgrade ahead of the 2027 rules and long-term engine plans are debated.
President Trump has completed a two‑day state visit to Beijing with US business chiefs, holding talks with Xi Jinping on trade, Taiwan, Iran and AI. Leaders have agreed to set up trade and investment councils; Trump has touted unspecified "fantastic" deals including a reported 200‑plane Boeing order while Chinese statements remain cautious.
Oil prices have steadied as the U.S. has signaled further action to ease vessel movements through the Strait of Hormuz amid renewed tensions with Iran. Brent sits around $111-113, while U.S. crude trades near $105, with global markets awaiting clarity on the ceasefire talks and potential supply disruptions.
President Donald Trump has met Chinese leader Xi Jinping in Beijing for two days of talks over trade, Taiwan, Iran and energy. The leaders have discussed reopening the Strait of Hormuz, Chinas oil purchases from Iran and military assistance; the White House has said Xi pledged not to send Iran military equipment.
Nvidia CEO Jensen Huang has joined President Trumps delegation to China and has been pictured in Beijing; the trip has been focusing on trade, AI export controls and Iran. China has not approved any purchases of Nvidias H200 chips and is continuing to push domestic chip development while U.S. export controls remain in place.
A consortium-backed safety institute in Europe will test AI products for harms to children, while the US weighs new vetting and export-control policies as AI labs race ahead. Separate reports show rising use of shadow AI in workplaces and ongoing national-security deals over AI in defence.
Trump has welcomed a delegation of executives to Beijing, including Tesla’s Elon Musk and Nvidia’s Jensen Huang, as part of efforts to “open up” China and mobilize business support. The trip follows reports of competition with Chinese EV firms and ongoing AI export discussions.
Multiple outlets have reported that President Trump has said he 'doesn't think about' Americans' financial situation while negotiating with Iran, insisting preventing Tehran from a nuclear weapon is his sole focus. The comment has come as inflation has accelerated to 3.8% and gasoline has jumped above $4.50 a gallon since the war with Iran began.
Authorities warn of a rising category of fraud known as bank impersonation scams, where scammers pose as banks or trusted agencies to coerce victims into transferring funds. Incidents involve text- or call-based alerts, with victims wiring thousands of dollars to offshore accounts. Several cases across the US and Europe are cited, including recent episodes in California and Brazil.
Swatch and Audemars Piguet have launched the Royal Pop pocket watches to mixed reception. Crowds have formed at stores worldwide, with safety concerns prompting closures in several cities. Early resale prices spike, while Swatch says the collection will remain available for months and is not limited.
Fidelity Investments has agreed to a $2.5 million class-action settlement for failing to prevent a 2024 data breach that compromised 77,000 customers and others. Eligible claimants may receive about $100, with California residents getting an additional $50, plus two years of identity theft protection. The settlement also covers documented losses and related expenses, with a claim deadline of July 27, 2026.
Memory-chip stocks have surged as AI demand drives higher memory usage. Micron, SK Hynix and Samsung have reached trillion-dollar valuations amid consolidation and persistent AI-driven demand. Investors remain attentive to moat durability and future demand.
Apple TV’s Cape Fear reimagines the 1962 and 1991 thrillers with Javier Bardem as Max Cady, Amy Adams and Patrick Wilson as the Bowdens. It leans into modern anxieties and keeps key scenes, delivering a relentless, glossy thriller that sharpens the original's moral ambiguity.
Apple has rolled out upgraded Siri and Apple Intelligence features at its developer conference, but early demonstrations show quality issues and delays in releasing the enhanced assistant. The company is positioning AI as a deeper, more conversational assistant across devices, with an expected reintroduction of Siri amid broader AI updates.
The UK CMA has required Google to provide publishers with tools to opt out of content being used to power AI features and to ensure proper attribution in AI-generated search results. The rules aim to boost publisher bargaining power and trust in AI search, with a nine-month compliance window.
The pope has begun a weeklong visit in Madrid, greeted by Spain’s Catholic royalty. He is meeting abuse-survivor groups and addressing the parliament as part of a broader effort to connect with young Catholics and European audiences amid ongoing clergy-crisis discussions.