Analysts say next boss John Ternus should diversify tech giant away from iPhones and raise its game in AI
John Ternus takes over from Tim Cook as chief executive of Apple in September. A company insider, Ternus is moving up from his role as head of engineering to take control of the entire $4tn (£3tn) business.
Apple is a vast, successful tech company and one of the most recognised brands in the world. But it faces challenges nonetheless. Here is a look at Ternus’s in-tray.
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Apple’s key manufacturing partner Foxconn has confirmed its US factories suffered a ransomware attack in recent days after the gang responsible claimed to have stolen 8TB of data from the company — including confidential Apple information.
This isn’t the first attack to hit Foxconn, and such is the scale and value of the company that it is unlikely to be the last. Criminals understand the value of the information it has and see it as a prime target. That it is an industrial company actively deploying smart factory infrastructure across its premises just makes it an even more interesting challenge; what happens if the machinery itself is attacked?
Industrial defenses have improved; so have attacks
In practice, most large industrial facilities are moving to secure their own internal factory networks using technologies such as SD-WAN, private 5G networks, network segregation, isolation of production environments from the corporate network, and active monitoring against threats to factory
Case attracts widespread attention as example of China balancing enthusiastic adoption of AI with job security
A court in China has ruled in favour of a worker whose company replaced him with artificial intelligence (AI), awarding him more than £28,000 in compensation.
The worker, whose surname is Zhou, joined a tech company in the eastern city of Hangzhou in 2022 to work as a quality assurance supervisor overseeing large language models used in AI products.
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Invitation to be part of group including Elon Musk and Tim Cook highlights American AI and tech ambitions
The billionaire chief executive of the chipmaker Nvidia, Jensen Huang, has joined Donald Trump’s China delegation after a reported last-minute invitation, highlighting the US’s AI and tech ambitions.
Huang will join a roster of US bosses including the Tesla chief executive and X owner, Elon Musk, the Apple chief executive, Tim Cook, and Goldman Sachs’s David Solomon at Trump’s 36-hour meeting with the China president, Xi Jinping.
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The summit could redefine US-China tech relations, potentially boosting crypto adoption and investment if digital assets are prioritized.
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The FTC's enforcement of the Take It Down Act signals increased regulatory scrutiny on tech giants, potentially reshaping digital privacy norms.
The post US FTC sends compliance letters to Amazon, Alphabet, Apple over new intimate image removal law appeared first on Crypto Briefing.
Apple's stock resilience amid geopolitical tensions highlights its ability to mitigate economic risks, influencing market confidence and dynamics.
The post Apple stock hits all-time high amid geopolitical tensions appeared first on Crypto Briefing.
The FTC's action signals increased regulatory scrutiny on tech giants, potentially reshaping compliance norms and privacy safeguards industry-wide.
The post FTC sends compliance letters to Amazon, Alphabet, and Apple over Take It Down Act appeared first on Crypto Briefing.
