Tim Cook plans to step down from his CEO post in September, Handing over the reins to hardware chief John Ternes. Turnus may be inheriting one of the most enduring businesses in technology, but he’s also stepping into a very different ecosystem than the one Cook has spent decades shaping. The 30% cut of the…
CUPERTINO, Calif. — Nasdaq brought its market open festivities to Apple’s sprawling Silicon Valley headquarters on Tuesday, the eve of the company’s 50th birthday. From a desk inside Apple Park, the ring-shaped campus that Steve Jobs spent his last years helping design, Tim Cook rang the opening bell and, in the process, ushered in the…
CHENGDU, CHINA – MARCH 18: Apple CEO Tim Cook attends a special event marking Apple’s 50th anniversary at the Apple Taikoo Li Chengdu store on March 18, 2026 in Chengdu, Sichuan Province of China. VCG | Getty Images Tim Cook touched down in Chengdu, China, this week for an Apple Store event tied to the…
Prediction platform Polymarket is on a partnership spree – a trend that continued this week, including a new deal involving Major League Baseball. mlb announced it on thursday PolyMarket will be its official prediction market partner, a designation that will allow the site to gain exclusive access to official league data as well as use…
A view of the Mastercard company logo on its stand during the Mobile World Congress in Barcelona on March 1, 2017. Joan Cros Garcia – Corbis | Corbis News | Getty Images Mastercard on Tuesday said it agreed to acquire BVNK, a London-based stablecoin infrastructure firm, for up to $1.8 billion. It’s the payment network’s…
People line up outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty Images Three years ago, JPMorgan Chase executive Doug Petno was at a New York City party celebrating a colleague’s retirement when his boss, Jamie Dimon, called Petno over. It was March…
Vishal Garg, Better.com Source: Better.com The online mortgage platform Better has partnered with OpenAI to launch an app within ChatGPT that the companies said will dramatically reduce the time it takes to underwrite a mortgage or home equity loan, CNBC has learned exclusively. The app, to be announced later Thursday, takes Better’s mortgage engine and…
Jack Dorsey, co-founder and CEO of Block, listens during the Bitcoin 2021 conference in Miami, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images The tech industry has spent the last couple years debating whether artificial intelligence will actually eliminate jobs at scale or simply be used as an excuse for companies to…
PayPal may not be attempting a takeover, Semaphore reportedCiting people familiar with the matter. Earlier this week, Bloomberg reported that Stripe expressed interest Buying some or all of PayPal’s holdings, including core products PayPal and its services, as well as other companies such as Venmo. Stripe declined to comment for this story. But unnamed sources…
Samsung on Wednesday unveiled the Galaxy S26 series, its latest flagship smartphone lineup that puts Alphabet‘s Gemini artificial intelligence front and center. It gives the search giant’s AI technology a major mobile foothold just before it’s expected to power a revamped Siri on Apple‘s iPhones. The S26 is notable for the sheer number of AI…
