Tim Cook will step down as CEO in September, handing over the reins to hardware chief John Tarnas.
Tarnas may be inheriting one of the tech industry's most durable businesses, but he's also stepping into a very different ecosystem than the one Cook spent decades shaping. The App Store's 30% share is under pressure, the behind-the-scenes power Apple once held over developers is being challenged, and vibe-coded apps are changing what it means to build on Apple's platform.
Watch TechCrunch's Equity podcast hosts Kirsten Korosec, Anthony Ha, and Sean O'Kane dig into what this transition means for startups and take a closer look at some of this week's biggest deals, including SpaceX's $60 billion option on Cursor.
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