Search results for U.S. Justice Department
Telecommunications & Media
Three tests facing next Apple CEO John Ternus: AI, lawsuits, geopolitics
Apple will replace Tim Cook as CEO on Sept. 1, appointing Senior Vice President of Hardware Engineering John Ternus. Cook will become chairman. The shift marks Apple’s second leadership change since Steve Jobs. The company faces pressure to reset its AI strategy, legal challenges over the App Store and antitrust cases, and ongoing geopolitical risks tied to supply-chain dependence on China. Analysts also point to opportunities in AI-focused devices and new hardware.
Politics
Trump pressures Fed Chair Powell to step down in May, threatens dismissal
U.S. President Donald Trump said he would dismiss Federal Reserve Chair Jerome Powell if Powell does not step down after his term ends in May. Trump called Powell incompetent in an interview and said he had considered replacing him early in his second term but did not act to avoid controversy. His remarks come as a Justice Department OSI probe examines a Fed headquarters renovation. Trump has nominated former Fed governor Kevin Warsh as Powell’s successor, with Senate confirmation under way.
Crypto
U.S. Justice Department probes suspected Iran use of Binance to evade sanctions
The U.S. Justice Department is investigating signs Iran used Binance to bypass U.S. economic sanctions, Cointelegraph reported on Tuesday, citing the Wall Street Journal. The WSJ cited internal documents and sources as saying Iran may have used Binance to transfer funds to affiliated networks, including Yemen\'s Houthi rebels. It was unclear whether the probe targets Binance itself or only users, the report said.
