Anduril founder Palmer Luckey, sanctioned by China for arms sales to Taiwan, stated his company's founding was partly due to China's aggression. He views sanctions as an honor and emphasizes Taiwan's crucial role in global tech, which he aims to protect.
Layup Parts, a startup focused on making custom composite parts, has secured $42 million in Series A funding. The company aims to simplify the ordering process for carbon fiber and fiberglass parts, similar to e-commerce platforms, and plans to use the funds for expansion and hiring.
Palmer Luckey, founder of Oculus, congratulated incoming Apple CEO John Ternus on social media by sharing a throwback to Ternus's early engineering work at Virtual Research in the late 1990s. Luckey posted a photo of the V8 head mount display, noting Ternus may have been the lead mechanical engineer on the device. Ternus joined Apple in 2001 and rose through the ranks to become VP of Hardware Engineering in 2013, overseeing products including iPad, AirPods, iPhone, Mac, and Apple Watch.
Tim Cook is stepping down as Apple CEO after nearly 15 years, with John Ternus set to take over on September 1. Cook will become executive chairman. The tech industry and former President Trump have shared reactions to the transition.
Apple has announced that CEO Tim Cook will step down on September 1, 2026, with hardware engineering chief John Ternus set to take over. Cook will remain with the company as executive chairman.
Apple announced Monday that CEO Tim Cook will be replaced by John Ternus, currently senior vice president of hardware engineering, effective September 1. Cook, who has served as CEO for nearly 15 years since Steve Jobs resigned in 2011, will assume the role of executive chairman. The transition drew reactions from tech industry leaders including OpenAI CEO Sam Altman, who called Cook 'a legend,' and Oculus founder Palmer Luckey, who posted 'RIP Tim Apple' referencing the 2019 White House incident with President Trump.
