devices and services division

Apple's long-serving CEO Tim Cook is stepping down on September 1, transitioning to executive chairman. John Ternus, a hardware veteran, will take the helm. This leadership change occurs as Apple faces pressure to accelerate its AI strategy, lagging behind rivals who are heavily investing in the technology. Cook's 15-year tenure ends amidst supply chain challenges and rising costs.

Apple CEO Tim Cook is stepping down after nearly 15 years, with John Ternus set to take over as CEO on September 1, 2026. Cook will transition to executive chairman, capping a tenure that saw Apple's market capitalization soar and revenue quadruple. Ternus, a 25-year Apple veteran leading hardware engineering, is expected to guide the company through AI advancements.

The company turning 50 on April 1 isn't really one company. It's five—stitched together by a logo, a stubbornness about design, and the world's most expensive refusal to die.

Pokémon Go's vast player-submitted image data is now powering real-world robotics. Niantic Spatial converts these billions of ground-level images into a photorealistic street-level model, enabling delivery robots like Coco Robotics to navigate complex urban environments with enhanced precision, overcoming GPS limitations.

Anibal Alexander Canelon Aguirre, a leader of the transnational gang Tren de Aragua, has been added to the FBI's Ten Most Wanted Fugitives list. He is accused of orchestrating a large international conspiracy that deployed crews to the U.S. to steal millions from financial institutions through ATM jackpotting. The stolen funds allegedly supported the designated foreign terrorist organization.

Microsoft's Rajesh Jha, a key leader for over 35 years, is retiring from his Experiences + Devices role on July 1. He will advise on the transition. High-level promotions are announced to lead the unit forward. Jha's departure follows Phil Spencer's exit from the Gaming division. The company is set for a new chapter.

Ziff Davis is selling its Connectivity division, including Ookla's Speedtest and Downdetector, to Accenture for $1.2 billion. This acquisition will bolster Accenture's network intelligence and customer experience capabilities for communications providers, hyperscalers, and large enterprises. The deal aims to help clients optimize critical networks and leverage data insights for AI-driven transformations.

Amazon has reportedly laid off 100 employees from its devices and services division, responsible for popular products like Echo and Ring. The company cites efficiency improvements and alignment with its product roadmap as reasons. CEO Andy Jassy is focused on cutting bureaucracy and rewarding employees who achieve more with fewer resources.

Amazon has announced the elimination of nearly 100 jobs within its devices and services division, impacting teams responsible for products like Kindle, Echo, and Alexa. This decision is part of an ongoing effort to improve efficiency and align with the company's product roadmap.

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a modernization challenge. Anthropic's tool promises to drastically reduce the time and cost of translating COBOL to modern languages, threatening IBM's mainframe business model.

A top Amazon executive, Lindo St. Angel, instrumental in developing iconic gadgets like the Echo and Fire tablets, is departing the company next week. This marks the second significant exit from the devices division this month, following Rob Williams. St. Angel will advise on an advisory basis until year-end as the unit navigates unprofitability and product line overhauls.

The railways has improved safety measures on the mainline section of Danapur division following mounting pressure of traffic movement on the section from Mughalsarai to Jhjha.