John Ternus, Apple's senior vice president of Hardware Engineering, will become CEO on Sept. 1 as Tim Cook transitions to executive chairman after 15 years leading the company.
The parent company of QVC and HSN has filed for Chapter 11 bankruptcy as part of a major restructuring plan to slash billions in debt. The company says it will continue normal operations with no planned layoffs.
Allbirds plans to rebrand as NewBird AI and acquire GPUs to provide AI compute infrastructure after selling its footwear brand for $39 million to American Exchange Group.
A humanoid robot known as Edward Warchocki was caught on video chasing a group of wild boars off a Warsaw street, creating a surreal moment that has quickly spread online.
Apple says it will close stores in Towson, Maryland, Trumbull, Connecticut, and Escondido, California, by June 11, citing declining mall conditions at each location.