Tim Cook stepping down as Apple CEO, John Ternus taking over Apple said Monday afternoon that Tim Cook will step down as CEO, a role he has held since 2011, when he succeeded the late Steve Jobs. Senior Vice President of Hardware Engineering John Ternus will take the top executive position on September 1 of this year.
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Cracks are starting to form on fusion energy’s funding boom It happens in every emerging industry: founders and investors push toward a common goal, until the money starts to roll in and that shared vision begins to diverge. Cracks are emerging in the fusion power world, which I saw firsthand at The Economist’s Fusion Fest
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‘Tokenmaxxing’ is making developers less productive than they think There’s an old saw in management: What you measure matters. And, typically, you get more of whatever you’re measuring. Software engineers have debated productivity metrics for decades, starting with lines of code. But as the new generation of AI coding agents delivers more code than ever,
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This energy startup’s bet on 100-year-old grid tech is paying off Demand for electrical transformers, fueled in part by AI data centers, has grown so high that one prominent investor is backing a new startup that uses a very old technology. Ayr Energy makes transformers with iron-cores, the same basic tech used in the grid for
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Slate Auto raises $650M to fund its affordable EV truck plans Jeff Bezos-backed electric vehicle startup Slate Auto has raised another $650 million as the company prepares to put its first affordable pickup trucks into production by the end of 2026. The carmaker said Monday that the Series C funding round was led by TWG Global, a firm
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Tesla adds ‘streaks,’ other stats to track how often drivers use Full Self-Driving software Tesla is rolling out a new self-driving app that makes it easier for owners to subscribe to its Full Self-Driving software and see statistics on how — and how often — they use it. The app will display information about FSD,
London gets closer to its first robotaxi service as Waymo begins testing Waymo has started testing its autonomous vehicles on public roads in London as it prepares to launch a commercial robotaxi service in the city this year. The Alphabet-owned company has been working toward this moment for months. Waymo announced in October it planned to begin
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Meta AI app climbs to No. 5 on the App Store after Muse Spark launch Meta’s AI app has seen a sizable jump in installs following Wednesday’s launch of the company’s newest AI model, Muse Spark — its first model release under Alexandr Wang, the head of Meta’s Superintelligence Labs who was recruited from Scale AI last
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Roblox introduces ‘Kids’ and ‘Select’ accounts for age-appropriate access to games and chat Roblox is introducing new account types designed to give kids and younger teens age-appropriate access to chat and games, the company announced on Monday. The move comes as Roblox implemented mandatory age checks in January for all users who want to access chats. The same age-check
