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Apple CEO Succession: 3 Challenges for John Ternus

On September 1, 2026, John Ternus succeeded Tim Cook as Apple's CEO, with Cook transitioning to executive chairman for government and political relations. After 15 years, Cook grew Apple's market cap from $350 billion to over $4.7 trillion and scaled its ecosystem of devices and services. Ternus, a 25-year veteran who led hardware engineering and the Apple Silicon transition, is known for AirPods, Apple Watch, and Vision Pro. He faces challenges including DRAM/NAND shortages, regulatory pressure on the App Store, and reliance on China, while defining Apple's AI strategy (Siri now runs on Google's Gemini). Ternus's first memo promised a 'huge launch next week,' likely the next iPhone event, set for September 9, 2026. Apple reported Q3 2026 revenue of $109.4 billion (up 16% YoY) and a gross margin of 50.1%. This transition was discussed on the TechCrunch Equity podcast episode aired September 4, 2026.

• On September 1, 2026, John Ternus became Apple's CEO, succeeding Tim Cook, who transitioned to executive chairman.
• Under Cook's 15-year leadership, Apple's market cap grew from $350 billion to over $4.7 trillion.
• Ternus, a 25-year Apple veteran and former hardware chief, led the Apple Silicon transition and developed products like AirPods, Apple Watch, and Vision Pro.

SRF/RTS Record Ratings for Tour de France Femmes

Swiss broadcasters SRF and RTS recorded their highest-ever audience figures for women's cycling during the Tour de France Femmes. SRF averaged 82,000 viewers across the nine stages (22.9% market share), while RTS averaged 47,000 viewers (30.3% market share). Both broadcasters reported higher average audiences for the women's race than for the men's Tour de France in July (SRF: 52,000 / 15.8%; RTS: 29,000 / 19.3%). SRF cited Swiss rider Marlen Reusser's performances, two stages held in Switzerland, and a more open competition as possible reasons; the men's race also overlapped with the World Cup and Wimbledon, which may have reduced its audience.

• SRF averaged 82,000 viewers for the nine stages of the Tour de France Femmes, representing a 22.9% market share, according to SRF.
• RTS averaged 47,000 viewers for the race, representing a 30.3% market share (reported by Watson).
• These are the best audience values SRF has ever achieved with women's cycling.

Truth Social launches $100k/month premium Trump posts

Trump Media & Technology Group's Truth Social is selling an "express" early-access product, marketed as the Truth API, which delivers licensed, real-time copies of Donald Trump's posts to paying customers ahead of public release. According to acting TMTG head Kevin McGurn, more than ten clients - primarily ultra-fast trading firms and other market actors - have subscribed, paying roughly $60,000-$100,000 per month (with discounts for longer terms). TMTG says it is negotiating with additional buyers, including AI companies. Supporters say the timing advantage aids traders and investors; critics including Senator Elizabeth Warren argue it privatizes access to time-sensitive governmental announcements and monetizes the presidency. TMTG reported $1.7 million in revenue last quarter (up 89% year-over-year) and a $238.1 million net loss; The New York Times reported no evidence brokers used insider information.

• TMTG's Truth API (express early-access product) provides licensed, real-time pre-release copies of Donald Trump's posts to more than ten customers, chiefly ultra-fast trading firms and market actors.
• Clients typically pay $60,000-$100,000 per month, with lower rates for longer contracts.
• TMTG says it is negotiating with additional buyers, including companies in the AI sector.

National TV Publishers Partner to Establish Shared Infrastructure for Unified Outcomes and Audience Buying Through OpenAP

OpenAP announces that national TV publishers are partnering to establish shared infrastructure for unified outcomes and audience buying.