πŸ’Ό Business & Startups

April 21st, 2026

Today's top 3 stories, curated by Daily Direct.

Fortune

Meet John Ternus, the 51-year-old former swimming champ who will succeed Tim Cook as Apple CEO

Apple has tapped John Ternus, its current head of hardware engineering, to take the reins as CEO, with Tim Cook moving into an executive chairman role. The 51-year-old, a former competitive swimmer, has been a key architect of Apple's hardware strategy during one of the most consequential periods in the company's history. The transition signals Apple's continued bet on hardware innovation as its next defining chapter.

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Fortune

Apple CEO Tim Cook is stepping down, and hardware boss John Ternus will be new CEO

Tim Cook is stepping down as Apple's CEO after more than a decade at the helm, with hardware chief John Ternus set to take over leadership of the world's most valuable company. Cook's tenure, which began in 2011 when he succeeded the iconic Steve Jobs, saw Apple grow into a trillion-dollar giant and cement its dominance across consumer technology. Ternus, who has led Apple's hardware engineering division, now faces the challenge of steering the company through an increasingly competitive landscape.

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Bloomberg

FDA's Makary on Trump EO to Ease Access to Psychedelics

President Trump signed an Executive Order to accelerate research and expand access to psychedelic treatments, with FDA Commissioner Dr. Marty Makary calling it an "historic moment" for mental health care. The move signals a significant regulatory shift, with Makary pointing to a growing body of promising clinical research as justification for the administration's aggressive push. The order could fast-track psychedelic therapies toward mainstream medical use at a pace far beyond what traditional approval pathways would allow.

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