Technologies
Is Tim Cook Stepping Down? Apple CEO’s 65th Birthday Sparks Succession Scuttlebutt
Who will fill the chief executive role once Tim Cook decides to retire? Here are a few people reportedly being considered.
Tim Cook’s 65th birthday is on the horizon (Nov. 1, to be exact), and with the Apple CEO’s special day looming, talks have allegedly been building within the company regarding his potential successor. To be clear, Cook has made no official public mention of retirement or stepping down. But according to Bloomberg’s Mark Gurman, the tech giant is working behind the scenes to ensure a seamless transition when the time comes.
Cook replaced Steve Jobs in 2011, and after a period of uncertainty, Cook ushered Apple into its most profitable era. Stock-watching website Stocktwits reports that the company’s stock increased about 1,800% since Cook took over leading the company.
Don’t miss any of our unbiased tech content and lab-based reviews. Add CNET as a preferred Google source.
Jobs may have introduced devices like the iPhone into everyday use that changed how we interact with technology, but Cook expanded on the Apple experience. Under his guidance, the company built upon Apple’s smartphone by introducing subscription services and more mobile products, including earbuds and wearables.
He introduced Apple Pay, Beats headphones became part of the company’s ecosystem, the Apple Watch launched 10 years ago, and Apple even entered the entertainment business, producing original Oscar-winning movies and Emmy-winning TV shows through Apple TV Plus.
When Cook steps down, whoever is handed the keys has some big shoes to fill.
Read more: Best iPhone in 2025: Here’s Which Apple Phone You Should Buy
We should reiterate that the notion of Cook stepping down is pure speculation at this point. We don’t know what Apple’s CEO is currently planning or what his thoughts about retirement may be. That said, there are a handful of contenders who have reportedly been part of the succession conversation.Â
Potential Apple CEO replacements
John Ternus, Apple’s current vice president of Hardware Engineering, was top of Gurman’s list. Ternus has been with the tech giant for over two decades, so he has the knowledge and experience for a chief executive upgrade. There would be value in having an engineer behind the wheel.Â
Ternus appeared during the September Apple event to introduce the iPhone Air. At 50, he’s the same age Cook was when he took over as Apple CEO.
Other potential contenders are also being considered, including Craig Federighi, Apple’s senior vice president of software engineering; Greg Joswiak, Apple’s senior vice president of worldwide marketing; and Jeff Williams, the company’s former chief operating officer, according to a report by Apple Insider.
Federighi has been with Apple for a long time and has the public speaking experience — frequently speaking during Apple Events — that would be vital if he replaced Cook as CEO. Considering his current role, Joswiak has a more marketing perspective and a broader overview of the company and may not be as hands-on with the tech as Ternus and Federighi. And according to Gurman, Williams was viewed as a shoe-in to be Cook’s replacement until his role as COO ended in July. (He’s now Apple’s senior vice president of design, watch and health.) Cook held the position of chief operating officer before he replaced Jobs as CEO in 2011. Sabih Khan is now in that COO role, which also puts his name in the running.
When Cook steps down, Apple will undoubtedly have a pool of qualified talent to choose from to take up the leadership mantle. Who exactly will take the mantle remains to be seen.
Apple didn’t immediately respond to a request for comment.
Technologies
Verum Exchange Launches a $10 Bonus for Online Mining of Verum Coin and Bitcoin
Verum Exchange Launches a $10 Bonus for Online Mining of Verum Coin and Bitcoin
Verum Exchange is expanding its online mining capabilities, allowing users to earn a $10 bonus while continuing to mine cryptocurrency directly from their smartphones. The feature is available not only in the currency converter app but also within Verum Messenger.
Online mining has long been part of the Verum ecosystem. Now, the company has added a new incentive to the existing feature â a bonus for participating in online mining.
The concept of online mining is changing the traditional perception of cryptocurrency mining. Users do not need to set up specialized mining equipment at home or deal with complex technical configurations. The feature can be accessed directly through the Verum digital ecosystem.
Verum Exchange: https://exchange.verum.im
Verum Messenger: https://ios.verum.im
Technologies
Supreme Court permits certain Trump mail-in voting restrictions before midterm elections
The Supreme Court has temporarily blocked a lower court ruling that prevented the Trump administration from implementing new restrictions on mail-in voting, allowing the administration to proceed with its plan to impose new requirements on states ahead of the midterm elections.
The Supreme Court on Monday sided with President Donald Trump for now in his effort to impose sweeping new restrictions on distributing mail ballots, putting on hold a lower-court ruling that had blocked key parts of the plan ahead of Novemberâs midterm elections.
The justices, over three dissents, paused a ruling by U.S. District Judge Indira Talwani in Boston that prevented the Trump administration from carrying out portions of a March executive order involving the U.S. Postal Service and voter eligibility lists. The courtâs three liberal justices dissented.
But the decision does not immediately allow the Postal Service to put its new mail-ballot system into effect.
A separate nationwide injunction issued Aug. 11 by U.S. District Judge Indira Talwani in Boston still blocks USPS from implementing the new procedures for the Nov. 3 elections. The administration would have to overcome that order as well.
The distinction was central to the Supreme Courtâs decision.
The majority said Trumpâs executive order itself does not require states to change how they conduct elections. Instead, it directs federal agencies to develop policies that could later impose requirements on states. Because those policies had not yet been implemented when 23 states and Washington, D.C., challenged the order, the court said the challenge was premature.
The justices stressed they were not deciding whether Trumpâs order or the policies developed under it are ultimately legal.
âThe Courtâs disposition of this application does not mean that any measure taken by the Government to implement the Order will necessarily be lawful,â the majority wrote. âOn that score, time will tell.â
The Postal Service last week finalized rules intended to carry out part of Trumpâs order, including new requirements involving ballot envelopes, barcodes and information states must provide USPS. Those rules remain blocked by Talwaniâs separate injunction.
The case now returns to the 1st U.S. Circuit Court of Appeals as the underlying legal fight continues. Some states have already started preparing to send ballots to military and overseas voters in early September.
Technologies
Trump targets Iranâs trade lifelines â here are the countries most exposed
Washington’s threat of “economic D-Day” collides with a small group of governments that account for most of what remains of Iran’s foreign trade.
The U.S. announced an âeconomic D-Dayâ campaign Monday to isolate Iran from the global economy, threatening penalties against âenablersâ that continue doing business with Tehran.
The move is part of Washingtonâs bid to sever the trade lifeline that has sustained Tehranâs economy through nearly six months of war.
While enforcement details are sketchy, the threat could still put the U.S. on a collision course with some of Tehranâs major trade partners.
China
China is the biggest buyer of Iranian oil and serves as a crucial link to the global economy for Tehran, accounting for about 90% of its oil exports, according to the U.S. government.
China reported $9.96 billion in bilateral trade with Iran in 2025, excluding the roughly $31.2 billion in unreported Iranian crude oil exports to China that year, according to the U.S.-China Economic and Security Review Commission.
Independent Chinese refiners take in the bulk of it, often rebranded as Malaysian or Indonesian crude and settled through intermediaries outside the dollar system, according to Kpler. The U.S. Treasury has sanctioned several of those refineries this year for Iranian oil purchases, while sparing Chinese financial institutions.
Beijing has openly opposed U.S. sanctions against Iran, arguing that economic pressure will not resolve the disputes. In May, China ordered domestic firms to disregard U.S. sanctions on five refiners linked to the Iranian oil trade.
While Beijing is unlikely to push back directly on Washingtonâs sanctions push, it will âquietly step up complianceâ among state banks and oil companies to avoid getting caught in the net, said Dan Wang, China director at Eurasia Group, pointing to âa dichotomy between the official statement and the private practice.â
âChinese authorities care more about dollar access in financing and market entry to the U.S.,â she said.
United Arab Emirates
The Emirates, located just 50 miles from Iran across the Persian Gulf, has long been a major trading hub for Iran.
The bilateral trade amounted to around $28 billion in 2024, when the Emirates was its largest source of imports, contributing over 30%, according to the World Trade Organization data. The UAE was also Iranâs third-largest export destination, making up 12% of its shipments, totaling more than $7 billion.
That relationship hit a snag last week as the UAE moved to suspend all trade and financial transactions with Iran, following two ballistic missiles fired toward Emirati territory, one of which targeted UAE-owned tankers.
Iran has relied on UAE banks and its financial system to access the world economy through illicit, often murky transactions, and cutting off Iran would require more forceful actions from Emirati authorities to crack down on opaque financial and trading activity, according to U.S.-based think tank The Washington Institute.
âThe majority of Iranâs transshipment, smuggling, and shadow banking activity takes place in Dubai, so Washington must do what it can to help the UAEâs national leaders in Abu Dhabi convince and cajole Dubaiâs leaders to play ball,â Matthew Levitt, a former U.S. Treasury official, wrote in a note on Monday.
Turkey
Turkey maintains significant commercial ties with Tehran, importing Iranian natural gas and exporting manufactured goods south.
The Turkey-Iran bilateral trade reached $5.7 billion in 2024, according to the Turkish Ministry of Foreign Affairs, with Ankara exporting mostly machinery and parts, chemical and agricultural products, while importing energy products from Tehran.
Meanwhile, under a 25-year gas supply contract between the two countries that expired at the end of July, Turkeyâs imports of Iranian gas spiked this year while Iranâs share of Turkeyâs total natural gas imports rose to 18.6%, according to local media.
While Ankara has sought to diversify toward other suppliers, expanding pipeline imports from Azerbaijan and Russia, it has, so far, not signaled that it intends to cut Iran off.
Iraq
Iraq, dependent on Iranian electricity and gas, has historically traded billions with Tehran.
Iran renewed a five-year contract in March 2024 to supply Iraq with up to nearly 660 billion cubic feet of natural gas a year, and electricity imports from Iran accounted for more than 30% of its electricity generation in 2023, according to the U.S. Energy Information Administration.
Iraq-Iran trade reached more than $10 billion in 2025, according to Reuters, with Tehran exporting food, consumer goods and other products to the Iraqi market. The trade has dwindled this year amid increased security risks in the region and intermittent disruptions along border crossings since the war started in late February.
Iraq reportedly pays Iran around $4 billion to $5 billion a year for natural gas for electricity generation. The fresh U.S. sanctions could curtail Baghdadâs payments for Iranian energy.
India
India, among Iranâs top five trading partners, has seen its bilateral trade with Iran fall in recent years to around $1.6 billion in the year ending March 2026, according to Indiaâs Department of Commerce, down from $2.3 billion in the year through to March 2023.
New Delhi primarily exports rice, tea, sugar and pharmaceuticals to Iran, and imports dry and fresh fruits from Iran.
In April, India resumed importing crude oil from Iran following a seven-year halt, after the U.S. temporarily lifted sanctions on Iranian crude exports.
But those trades now will be tested if Washington makes good on its threat to sanction any entity, including Indian refiners, that have procured Iranian energy.
-
Technologies4 years agoTech Companies Need to Be Held Accountable for Security, Experts Say
-
Technologies3 years agoBest Handheld Game Console in 2023
-
Technologies5 years agoBlack Friday 2021: The best deals on TVs, headphones, kitchenware, and more
-
Technologies3 years agoTighten Up Your VR Game With the Best Head Straps for Quest 2
-
Technologies5 years agoGoogle to require vaccinations as Silicon Valley rethinks return-to-office policies
-
Technologies5 years agoVerum, Wickr and Threema: next generation secured messengers
-
Technologies4 years agoThe number of ĐĄrypto Bank customers increased by 10% in five days
-
Technologies5 years agoOlivia Harlan Dekker for Verum Messenger
