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Tim Cook to step down as CEO of Apple: ‘the greatest privilege of my life’ | Apple

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Apple announced on Monday that it had named a replacement for Tim Cook as CEO, with head of hardware engineering John Ternus succeeding him on 1 September. Cook will stay at the company in the role of executive chair.

“It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company. I love Apple with all of my being,” Cook said in a press release.

Cook, who succeeded Apple co-founder Steve Jobs, has been CEO since 2011. He has overseen the global expansion of the company and its steady series of new, updated devices, though never attained the same tech visionary status as Jobs.

Cook’s tenure as CEO has marked a lucrative period of expansion for Apple as it entrenched its products in society and sought out new markets, in particular the iPhone. Apple reported earlier this year it had its best ever quarter for iPhone sales, driven by renewed demand in China. The company’s market capitalization grew from around $350bn at the start of Cook’s time to over $4tn today.

A succession plan for Cook has been in the works since at least last year, according to the New York Times. Ternus, who was viewed as a likely candidate to take over, has been at the company since 2001. In a statement announcing his new role, he touted working under Jobs and described Cook as a mentor.

“I am humbled to step into this role, and I promise to lead with the values and vision that have come to define this special place for half a century,” Ternus said.

Ternus will inherit an immensely successful company that nevertheless faces increasing questions over its future. Apple has faced close scrutiny in the past year as investors have questioned how it plans to integrate AI into its products. The company has not been as prominent a player in the AI boom as some of its competitors, choosing to sometimes integrate third party AI tools into its products such as Siri. Though its core businesses of phone and computer sales remain strong, its new products like the Vision Pro have failed to inspire consumer demand.

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Senate Democrats to force fifth war powers resolution as ceasefire deadline looms – live | Trump administration

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Senate Democrats to force fifth war powers resolution vote on Tuesday

Senate Democrats are set to launch their fifth attempt to pass a war powers resolution on Tuesday to curb the Trump administration’s military action in Iran.

Led by Senator Tammy Baldwin, a Wisconsin Democrat, the latest effort will come a day before the two-week ceasefire expires. Donald Trump, for his part, has threatened to strike energy infrastructure if a deal isn’t secured.

A reminder that four war powers resolutions have failed in the upper chamber in recent weeks. But Democrats have vowed to keep bringing them to the floor each week the war in Iran continues to put “Republicans on record”.

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Key events

Here’s a recap of the day so far

  • FBI director Kash Patel has sued the Atlantic magazine for defamation, seeking $250m in damages over an article that details Patel’s alleged “excessive drinking” and frequent absences from work. In the lawsuit, Patel’s legal team accuses the magazine and reporter Sarah Fitzpatrick of publishing “a sweeping, malicious, and defamatory hit piece”. In response, the Atlantic called the legal action “meritless” and voted to “vigorously defend” their reporting and journalists.

  • Senate Democrats are set to launch their fifth attempt to pass a war powers resolution on Tuesday to curb the Trump administration’s military action in Iran. Led by Senator Tammy Baldwin, a Wisconsin Democrat, the latest effort will come a day before the two-week ceasefire expires. Donald Trump has threatened to strike energy infrastructure in Iran if a deal isn’t secured during further negotiations in Islamabad, Pakistan.

  • Despite Tehran not yet committing to talks this week, Trump said on a social media that he expects a deal with Iran will happen “relatively quickly”. He also denied that he is under “pressure” to make a deal. “THIS IS NOT TRUE!” he added on Truth Social.

  • Meanwhile, the Trump administration has begun accepting applications from businesses seeking refunds for more than $166bn in tariffs, months after the supreme court ruled that the president had no legal authority to impose them. Customs and Border Protection (CBP) Launched on Monday the digital claims system, named Cape, which they said in court filings could handle about 63% of affected import filings, with the remainder to follow.

  • Lawmakers on Capitol Hill will have 10 days to hash out negotiations on section 702 of the Foreign Intelligence Surveillance Act (Fisa), after both chambers agreed to a short-term extension last week. Now, GOP leadership will have to unify their fractured conference to satisfy a need for reforms for the provision, which allows national security agencies to collect and review texts and emails sent to and from foreigners living outside the US without a warrant.

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Phones to be banned in schools by law in England under government plans

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Education minister Jacqui Smith said the move would create “a clear legal requirement for schools”.



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