Tech giant Apple announced that Tim Cook will step down as CEO, effective September 1st. He will be replaced by hardware engineering head John Ternus, a move expected to signal a renewed focus on innovation for the company.

It marks the end of an era for one of the world’s leading tech companies, as Tim Cook has announced he will step down as CEO of Apple effective September 1st. He will be succeeded by the company’s head of hardware engineering, John Ternus—a transition that many investors hope signals a renewed focus on innovation at the firm behind groundbreaking products like the Macintosh, iPod, and iPhone. While Cook’s tenure may have lacked major blockbuster launches, it has been far from unsuccessful, with ...