Apple’s new CEO Ternus begins internal changes weeks into tenure

Apple’s new CEO, Ternus, has started pushing internal changes just weeks after taking the top job, according to ChainCatcher. The moves are aimed at speeding up product development and broadening the company’s product lineup. Ternus plans to rely less on Apple’s traditional release cadence, cut some mid-level management roles, and raise the company’s innovation capacity as it tries to stay competitive in the age of artificial intelligence. At the same time, Apple is also moving ahead with cost-cutting measures and looking for new sources of revenue. The report did not disclose additional details on the scope of the restructuring or the timeline for the changes.