Tim Cook's 15-year legacy by the numbers: Apple's market cap grew from $350B in 2011 to $4T+ now, net income rose ~700% to $112B for FY 2025, and more (Vlad Savov/Bloomberg)
Longtime colleagues say John Ternus will bring back Jobs-era decisiveness, shifting from Cook's era when decisions were made collectively by top executives (Mark Gurman/Bloomberg)
A look at EU efforts to cut reliance on US tech; study: Amazon, Microsoft, and Google hold ~70% of EU cloud and US vendors get 80% of enterprise software spend (Politico)
LayerZero says North Korea's Lazarus is likely behind the $292M Kelp DAO exploit on April 18, which triggered $10B in outflows from Aave over bad debt concerns (Danny Park/The Block)
Salesforce CEO Marc Benioff dismisses the idea of vibe coded CRM replacing SaaS companies, saying data security and compliance make Salesforce indispensable (Sebastian Herrera/Wall Street Journal)
Sources: Google is in talks with Marvell Technology to develop a memory processing unit that works alongside TPUs, and a new TPU for running AI models (Qianer Liu/The Information)
A profile of Quince, an online luxury DTC brand valued at $10B+, which has found success by using data analysis and close manufacturer ties to keep prices low (Amanda Mull/Bloomberg)