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Apple CEO Tim Cook met with U.S. Secretary of Commerce Howard Lutnick on Monday.
Tim Cook will become executive chairman of Apple after stepping down as CEO in 2026.
KEY POINTS
- Cook’s new role will focus on engaging with policymakers globally and strengthening Apple’s relationships.
- John Ternus, Apple’s hardware engineering chief, will become CEO after Cook’s transition.
- Cook personally donated $1 million to Trump’s 2025 inaugural fund and promised $600 billion U.S. investment.
COMPANIES
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