Tim Cook to step down as Apple CEO in 2026, John Ternus named successor
via Le Mauricien10 min read
Tim Cook will depart as Apple CEO on September 1, 2026, after 15 years, with John Ternus taking over. Cook, who will become executive chairman of the board, transformed Apple into a technological empire, increasing its valuation from approximately $350 billion to over $4 trillion. Under his leadership, Apple achieved record profits and optimized production lines, though some innovation was sacrificed for scale. Key transformations include the development of Apple Silicon, which led to the company designing its own chips for all products and abandoning Intel processors for Macs in 2020. The Apple Watch, initially launched with a fashion focus, pivoted to health and fitness, becoming the world's best-selling watch and a major collector of medical data. Apple also significantly expanded its services division, launching Apple Music, Apple TV+, Apple Pay, and Apple One, which now generate tens of billions quarterly. The AirPods, introduced in 2016, revolutionized the audio market and became another major success. Cook championed user privacy, famously refusing to help the FBI access a terrorist's iPhone in 2016. This stance led Apple to implement strong data encryption and local data processing, though it may have caused a delay in generative AI development compared to competitors. However, Cook's tenure also saw some setbacks, including the cancellation of the Apple Car project, a perceived lag in AI development, and communication missteps like the AirPower charger. The Apple Vis
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This summary was AI-generated from a story originally published by Le Mauricien.
The Mauritian government's 2026-2027 budget, presented by Prime Minister and Minister of Finance Navin Ramgoolam, prioritizes environmental protection and climate resilience. Measures include a 4 billion Rupee allocation for the Coastal Erosion Adaptation Programme to rehabilitate over 11.5 kilometers of severely affected coastline across 17 priority sites over the next five years. The budget also emphasizes nature-based solutions like reforestation, wetland preservation, dune restoration, and coastal vegetation rehabilitation, alongside the development of a National Shoreline Management Strategy. The revival of the Maurice 脦le Durable project, now integrated into the country's ecological transition strategy, and the creation of a Just Transition Commission are also highlighted. Eco-citizen groups Mru2025-AKNL and Platform Moris Lanvironnman offered mixed reactions. Carina Gounden, spokesperson for Mru2025-AKNL, views the budget announcements as largely confirming existing initiatives rather than introducing groundbreaking changes. She welcomes the focus on nature-based solutions but stresses the need for courageous decisions and better inter-institutional coordination. Gounden also notes the decision to no longer grant new leases for state lands and Pas G茅om茅triques under the G+2 regime for apartment sales to foreigners, though she believes its scope is limited as it doesn't affect already approved projects or the preservation of undeveloped Pas G茅om茅triques. A major concern
The construction of the Rivi猫re des Anguilles Dam is anticipated to commence this year, with completion projected for 2029. This announcement was made by Prime Minister Navin Ramgoolam, despite the project having been announced in 2009 and facing numerous delays. The Central Procurement Board is expected to award the construction contract in the coming weeks. Two Chinese firms, China International Water & Electric Corp and Sinohydro Corporation Limited, are currently in contention, with project cost proposals ranging from 5 to 7 billion rupees. The project will be financed by a consortium including the Abu Dhabi Fund for Development, the Saudi Fund for Development, and the Arab Bank for Economic Development. Public Utilities Minister Patrick Assirvaden confirmed that construction could start around November or December. The dam is considered a strategic project aimed at enhancing national water storage capacity, improving resilience to climate change, and ensuring a sustainable water supply for the growing demand in the southern part of the island. It is expected to benefit 50,000 to 60,000 families in the South, Southeast, and Southwest regions, which frequently experience water shortages during dry periods. The Rivi猫re des Anguilles, which will supply the dam, is known for its clean water, with an estimated 1.8 million cubic meters per month currently lost to nature and the sea. The dam will be a rockfill structure with a bitumen watertight lining, approximately 2,200 meter
Adi Teelock, a member of Platform Moris Lanvironman and an environmental activist, states that the construction and operation of infrastructure for artificial intelligence development, particularly data centers, carry significant environmental and social costs due to their high energy and water consumption for cooling. She emphasizes that in a country facing water stress and an energy crisis, which disproportionately affect low-income households, the government needs to clarify its policy on these issues. Teelock also expresses concern about the M4 highway, which primarily benefits individual transport and real estate projects, questioning its environmental impact and its ability to improve inter and intra-village connectivity given inadequate public transport. She argues that projects like the M4 highway and urban regeneration in the port area require technical, financial, environmental, and social feasibility studies, as well as strategic environmental and social assessments, due to their climatic, environmental, and social costs. Teelock highlights the critical importance of ocean health in the context of climate and biodiversity crises, urging that policies in this area should not exacerbate these existential threats. While acknowledging positive announcements regarding coastal protection through nature-based solutions, tourism, solid waste management, agroforestry, food security, solar electricity, and the water sector, she stresses the need to see the related strategies