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Apple Is Hemorrhaging Vice Presidents

Apple Is Hemorrhaging Vice Presidents

On Saturday came a report from Bloomberg’s Mark Gurman that Johny Srouji, Apple’s senior vice president of hardware technology is looking to leave. Gurman, as usual, is reporting market-relevant information from anonymous sources, but the wording is tentative: Srouji is “considering leaving in the near future, according to people with knowledge of the matter,” and “has informed colleagues that he intends to join another company if he ultimately departs.”

So Gurman’s reporting won’t be proven false per se if Srouji stays put, and therefore please do not scream “Sell! Sell! Sell!” at your stockbroker, but Srouji’s departure from Apple, if it happens, will be part of a trend: extremely senior Apple employees leaving at a time when CEO Tim Cook himself has the Silicon Valley rumor mill abuzz about his own imminent departure—which Gurman says probably won’t happen until the middle of next year.

What’s going on with Apple’s vice presidents?

The past week has been brutal. John Giannandrea, senior vice president of machine learning and AI strategy, announced his coming retirement amid signs that Apple was scaling back its thwarted ambitions in the AI area by, for instance, purchasing AI software from Google in order to inject new life into Siri. Then Alan Dye, vice president of human interface design left for a job at Meta.

Also in the past week, Lisa Jackson, vice president for environment, policy, and social initiatives, announced her retirement. A non-vice president departure is also relevant here: general counsel Kate Adams left around the same time as Jackson, and both roles were folded into a new VP job called “SVP of general counsel and government affairs,” a job given to Jennifer Newstead who was poached from Meta (Some of Jackson’s duties will be “divided up among other executives” according to Gurman).

Why are people supposedly fleeing Apple?

Hey, stop it. They’re not fleeing. They’re organically retiring and changing jobs as far as anyone knows.

But if there’s a crisis happening in Cupertino, and it’s not just the fact that last year Apple’s boldest new product in a decade turned out to be a flop, and the latest iOS redesign is unpopular, and the company can’t seem to figure out what to do with AI, an obvious issue to point out might be this: Tim Cook appears to have been unusually busy for the past few months trying to do jobs that are not a natural fit for him.

This past summer, Apple’s COO Jeff Williams left. Williams had been acting as Cook’s right-hand man, and was regarded as more of a product design expert than Cook. It then emerged that Cook would simply take over Williams’ duties rather than replace him, which raised the eyebrows of Silicon Valley watchers, who regard Cook as more of a logistics guy who traditionally makes the company a money machine in part by leaving the creativity up to other people.

Forecasts say, the next few years will bring innovation mostly to the iPhone itself. More big swings like the Vision Pro are probably not forthcoming. That being the case, it may be notable that all across Apple, as Gurman points out, “veteran executives are nearing retirement age.”

So the culture at Apple, in short, may have been getting a little stagnant, with its reliance on familiar products, and, indeed, faces. Whether it’s the intention or not on Apple’s part, a sudden infusion of fresh blood could be a long overdue treatment for what’s ailing this $4.2 trillion company.

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“He noted that the reverse of the watch indicates that it is a Google Pixel 5, which has not yet been announced, let alone released,” Pitchford writes. “It seems to be fine. The face indicates an empty battery, but seems to have enough reserve power to display the correct time.” After putting out a call to find its owner, Pitchford said someone contacted him and that he’s “arranged for its return.” Google didn’t immediately respond to The Verge’s request for comment.

Google typically shows off its newest Pixel devices in August. That means we’ll find out if someone really dropped a not-yet-revealed Pixel Watch 5 into the ocean in just a few short months.

#Google #Pixel #Watch #spoiled #creator #BorderlandsEntertainment,Gadgets,Gaming,Google,Google Pixel,News,Smartwatch,Tech,Wearable">The Google Pixel Watch 5 may have been spoiled by… the creator of BorderlandsWe may just have gotten an early look at the Google Pixel Watch 5 — and from an unusual source. Randy Pitchford, the creator of the Borderlands game franchise, posted a pair of images of a watch on X, saying that his friend found it underwater while scuba diving near Saint Martin, as reported earlier by Kotaku.“He noted that the reverse of the watch indicates that it is a Google Pixel 5, which has not yet been announced, let alone released,” Pitchford writes. “It seems to be fine. The face indicates an empty battery, but seems to have enough reserve power to display the correct time.” After putting out a call to find its owner, Pitchford said someone contacted him and that he’s “arranged for its return.” Google didn’t immediately respond to The Verge’s request for comment.Google typically shows off its newest Pixel devices in August. That means we’ll find out if someone really dropped a not-yet-revealed Pixel Watch 5 into the ocean in just a few short months.#Google #Pixel #Watch #spoiled #creator #BorderlandsEntertainment,Gadgets,Gaming,Google,Google Pixel,News,Smartwatch,Tech,Wearable

reported earlier by Kotaku.

“He noted that the reverse of the watch indicates that it is a Google Pixel 5, which has not yet been announced, let alone released,” Pitchford writes. “It seems to be fine. The face indicates an empty battery, but seems to have enough reserve power to display the correct time.” After putting out a call to find its owner, Pitchford said someone contacted him and that he’s “arranged for its return.” Google didn’t immediately respond to The Verge’s request for comment.

Google typically shows off its newest Pixel devices in August. That means we’ll find out if someone really dropped a not-yet-revealed Pixel Watch 5 into the ocean in just a few short months.

#Google #Pixel #Watch #spoiled #creator #BorderlandsEntertainment,Gadgets,Gaming,Google,Google Pixel,News,Smartwatch,Tech,Wearable">The Google Pixel Watch 5 may have been spoiled by… the creator of Borderlands

We may just have gotten an early look at the Google Pixel Watch 5 — and from an unusual source. Randy Pitchford, the creator of the Borderlands game franchise, posted a pair of images of a watch on X, saying that his friend found it underwater while scuba diving near Saint Martin, as reported earlier by Kotaku.

“He noted that the reverse of the watch indicates that it is a Google Pixel 5, which has not yet been announced, let alone released,” Pitchford writes. “It seems to be fine. The face indicates an empty battery, but seems to have enough reserve power to display the correct time.” After putting out a call to find its owner, Pitchford said someone contacted him and that he’s “arranged for its return.” Google didn’t immediately respond to The Verge’s request for comment.

Google typically shows off its newest Pixel devices in August. That means we’ll find out if someone really dropped a not-yet-revealed Pixel Watch 5 into the ocean in just a few short months.

#Google #Pixel #Watch #spoiled #creator #BorderlandsEntertainment,Gadgets,Gaming,Google,Google Pixel,News,Smartwatch,Tech,Wearable
Google parent company Alphabet said Monday that it plans to raise $80 billion to help pay for the massive AI infrastructure buildout it has planned. Alphabet will sell off that amount in stock, and will then use the funds to pay for “general corporate purposes, including capital expenditures to scale AI infrastructure and global compute,” the company said in a statement.

Part of the plan involves selling $10 billion in stock to Berkshire Hathaway, the massive global holding company formerly led by Warren Buffet.

“The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply,” Alphabet said in its statement. “By scaling its investments, the company seeks to expand its foundational infrastructure to support the significant growth opportunity ahead.”

The company added that the stock plan represented a way to “fund its investments in a balanced way while retaining a healthy balance sheet.”

Like other tech giants, Google has announced plans for a massive investment in compute this year, the likes of which will be used to support a flurry of new AI services. At Google I/O last month, CEO Sundar Pichai said that the company expects to spend between $180 and $190 billion on capex before the year is out. Google and other tech giants are expected to spend as much as $700 billion this year on AI capex.

#Alphabet #plans #raise #billion #pay #buildout #TechCrunchAI,Alphabet,compute,Google">Alphabet plans to raise  billion to pay for AI buildout | TechCrunch
Google parent company Alphabet said Monday that it plans to raise  billion to help pay for the massive AI infrastructure buildout it has planned. Alphabet will sell off that amount in stock, and will then use the funds to pay for “general corporate purposes, including capital expenditures to scale AI infrastructure and global compute,” the company said in a statement.

Part of the plan involves selling  billion in stock to Berkshire Hathaway, the massive global holding company formerly led by Warren Buffet.







“The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply,” Alphabet said in its statement. “By scaling its investments, the company seeks to expand its foundational infrastructure to support the significant growth opportunity ahead.” 

The company added that the stock plan represented a way to “fund its investments in a balanced way while retaining a healthy balance sheet.” 

Like other tech giants, Google has announced plans for a massive investment in compute this year, the likes of which will be used to support a flurry of new AI services. At Google I/O last month, CEO Sundar Pichai said that the company expects to spend between 0 and 0 billion on capex before the year is out. Google and other tech giants are expected to spend as much as 0 billion this year on AI capex.


#Alphabet #plans #raise #billion #pay #buildout #TechCrunchAI,Alphabet,compute,Google

in a statement.

Part of the plan involves selling $10 billion in stock to Berkshire Hathaway, the massive global holding company formerly led by Warren Buffet.

“The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply,” Alphabet said in its statement. “By scaling its investments, the company seeks to expand its foundational infrastructure to support the significant growth opportunity ahead.”

The company added that the stock plan represented a way to “fund its investments in a balanced way while retaining a healthy balance sheet.”

Like other tech giants, Google has announced plans for a massive investment in compute this year, the likes of which will be used to support a flurry of new AI services. At Google I/O last month, CEO Sundar Pichai said that the company expects to spend between $180 and $190 billion on capex before the year is out. Google and other tech giants are expected to spend as much as $700 billion this year on AI capex.

#Alphabet #plans #raise #billion #pay #buildout #TechCrunchAI,Alphabet,compute,Google">Alphabet plans to raise $80 billion to pay for AI buildout | TechCrunch

Google parent company Alphabet said Monday that it plans to raise $80 billion to help pay for the massive AI infrastructure buildout it has planned. Alphabet will sell off that amount in stock, and will then use the funds to pay for “general corporate purposes, including capital expenditures to scale AI infrastructure and global compute,” the company said in a statement.

Part of the plan involves selling $10 billion in stock to Berkshire Hathaway, the massive global holding company formerly led by Warren Buffet.

“The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply,” Alphabet said in its statement. “By scaling its investments, the company seeks to expand its foundational infrastructure to support the significant growth opportunity ahead.”

The company added that the stock plan represented a way to “fund its investments in a balanced way while retaining a healthy balance sheet.”

Like other tech giants, Google has announced plans for a massive investment in compute this year, the likes of which will be used to support a flurry of new AI services. At Google I/O last month, CEO Sundar Pichai said that the company expects to spend between $180 and $190 billion on capex before the year is out. Google and other tech giants are expected to spend as much as $700 billion this year on AI capex.

#Alphabet #plans #raise #billion #pay #buildout #TechCrunchAI,Alphabet,compute,Google

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