Tim Cook will step down as Chief Executive Officer of Apple Inc. and take over as executive chairman of the company's board, with John Ternus set to become the new CEO from September 1, the company announced on Monday.
Apple has announced that John Ternus will succeed Tim Cook as CEO in 2026. Ternus, the current senior vice president of Hardware Engineering, will take over as Cook transitions to executive chairman of the board. This change marks the end of Cook's long tenure and the beginning of a new chapter for Apple.
Apple CEO Tim Cook expresses strong optimism about the Indian market, citing its potential for growth and the company's recent successes in the region.
'There are certain sovereign AI domains where we must build capabilities using our own data, our own language models, and make our own attempts at global models.'
When Aptech and NIIT started training in software in the early 80s, there also arose a need for hardware engineers. Thus germinated the idea of a training institute for hardware professionals and Jetking was started in 1992.
Thousands of people congregated at August Kranti Maidan in Grant Road area of south Mumbai to protest the new legislation -- the Citizenship Amendment Act -- which many claim is discriminatory, communal in nature and goes against the very fabric of our nation. Incidentally, the venue -- August Kranti Maidan -- is the same where Mahatma Gandhi had in 1942 called for British to 'Quit India'. As the thousands gathered and shouted slogans like 'Modi-Shah se aazaadi' and 'Tanashahi nahi chalegi (dictatorship won't work)', Rediff.com's Hitesh Harsinghani was there to capture the mood. And the one takeaway from there: They may look different, they may be from different parts of the city, but their anger is the same.
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Professionals with sharp technical skills and knowledge of emerging markets will continue to be in demand, says Nikhil Barshikar, founder and CEO of Imarticus Learning, a tech learning and training company.
The salaries of hardware engineers in the Indian information technology industry have nearly doubled over the last two years and yet the exodus to software continues, according to an Elixir Web Solutions survey.
IIT-Delhi saw international training offers from Hong Kong, South Korea and the US.
Current executives Mark Hurd and Safra Catz will provide at least temporary stability by sharing the CEO role.
Ellison and the two new co-CEOs each stressed that nothing would change under the new management structure, with Ellison staying on as executive chairman and chief technology officer.
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