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 Tim Cook today told employees he plans to be at Apple "for a long time" in his new role as executive chairman. Cook shared the information in an all-hands meeting detailed by Bloomberg.
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 Apple on Monday announced that Tim Cook will be stepping down as CEO, and some top leaders around the world have publicly commented on the news.
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Apple's current SVP of hardware engineering John Ternus will take over as the new CEO when Tim Cook steps down this September. Cook said in a statement: "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."
Following the death of co-founder Steve Jobs, Cook led the charge for Apple's post-iPhone and iPad era, launching the AirPods, Apple Watch and Vision Pro. He also turned the company into a service provider with the launch of Apple TV, Apple Music and several other subscription services. Cook will transition to a new role as executive chairman of Apple's Board of Directors.
Ternus joined Apple in 2001 and became VP of hardware engineering in 2013, later transitioning to a senior executive role in 2021. You might have spotted Ternus being prominently featured at the MacBook Neo launch a few months ago. Expect to see a lot more of him.
— Mat Smith
The other big stories this morning
DaVinci Resolve 21 hands-on: A viable Lightroom alternative for casual users
The Mandalorian and Grogu director used Apple Vision Pro to preview the film in IMAX
Palantir posted a manifesto that reads like the ramblings of a comic book villain
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Xbox is cutting the prices of both Game Pass Ultimate and PC Game Pass, effective immediately, but there's one big caveat. First, the good news: Game Pass Ultimate now costs $23 per month, down from $30. PC Game Pass will now run you $14 a month instead of $16.50. The Xbox team noted in a blog post that prices may vary by region.
That's a smart, much-needed decision. In a memo that leaked last week, new Microsoft Gaming CEO Asha Sharma expressed concern over the high price of Game Pass, stating that it "has become too expensive for players, so we need a better value equation. Long term, we will evolve Game Pass into a more flexible system which will take time to test and learn around." Sharma reiterated that publicly in a post on X.
Future Call of Duty titles will no longer join Game Pass Ultimate on day one. They will join this tier the following holiday after launch (about…
— Asha (@asha_shar) April 21, 2026
In October, Microsoft
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