Phil News

John Ternus becomes Apple’s chief executive on Tuesday as AAPL stock fell slightly. Marketing veteran Phil Schiller also stepped back from his last major roles this week. Ternus, a 25-year Apple veteran, replaces Tim Cook, who becomes executive...

Microsoft is cutting 4,800 jobs, about 2.1% of its global workforce, and Xbox will absorb a large share of the reduction. The company laid off 1,600 Xbox workers on Monday, July 6. It expects another 1,600 cuts later this fiscal year, raising Xbox’s...

A formal complaint has asked Parliament’s standards watchdog to examine whether Reform UK leader Nigel Farage breached lobbying rules. This comes after Farage received donations from billionaire Christopher Harborne, who reportedly holds a 12% stake...

Tesla shares sank about 7.5% on July 2, their worst single-day decline in nearly a year. The drop came even after the company reported second-quarter deliveries far above Wall Street’s expectations. The selloff came just three trading days after...