The post Apple’s leadership crisis deepens as tech rivals launch aggressive recruitment raid appeared on BitcoinEthereumNews.com. Apple is watching a growing number of senior leaders head for the exits as competitors ramp up efforts to challenge the tech giant’s dominance in the device market. The company revealed Thursday that both its general counsel and head of policy plan to retire next year. This announcement follows a string of other high-level departures in recent days. A leading designer walked out the door Wednesday to join Meta Platforms. Earlier in the week, on Monday, Apple confirmed its head of strategy would be stepping down. The chief operating officer called it quits back in July, while the chief financial officer moved to a different position late last year. These exits signal a major shift happening inside Apple, though Chief Executive Officer Tim Cook appears to have no plans to leave his post. Cook and the team of new executives coming in must tackle a major challenge: getting Apple ready for artificial intelligence and the new gadgets competitors are building to compete. Talent drain extends beyond executive suite The problem runs deeper than just the executive suite. As reported by Cryptopolitan in recent months, dozens of Apple workers have jumped ship to OpenAI and Meta. This steady loss of talented people has taken innovators away from Apple while giving rival companies the know-how they need to try to knock the company off its throne in digital devices. Apple stays on top as long as people use its devices to access their online services. But other major tech companies don’t like Apple’s control over how apps get distributed, and they’re working hard to break free. Mark Zuckerberg, Sam Altman, and Elon Musk all want to control their own paths forward. This week, Zuckerberg brought on Alan Dye, a top Apple designer, after already taking several key AI staff members from Apple… The post Apple’s leadership crisis deepens as tech rivals launch aggressive recruitment raid appeared on BitcoinEthereumNews.com. Apple is watching a growing number of senior leaders head for the exits as competitors ramp up efforts to challenge the tech giant’s dominance in the device market. The company revealed Thursday that both its general counsel and head of policy plan to retire next year. This announcement follows a string of other high-level departures in recent days. A leading designer walked out the door Wednesday to join Meta Platforms. Earlier in the week, on Monday, Apple confirmed its head of strategy would be stepping down. The chief operating officer called it quits back in July, while the chief financial officer moved to a different position late last year. These exits signal a major shift happening inside Apple, though Chief Executive Officer Tim Cook appears to have no plans to leave his post. Cook and the team of new executives coming in must tackle a major challenge: getting Apple ready for artificial intelligence and the new gadgets competitors are building to compete. Talent drain extends beyond executive suite The problem runs deeper than just the executive suite. As reported by Cryptopolitan in recent months, dozens of Apple workers have jumped ship to OpenAI and Meta. This steady loss of talented people has taken innovators away from Apple while giving rival companies the know-how they need to try to knock the company off its throne in digital devices. Apple stays on top as long as people use its devices to access their online services. But other major tech companies don’t like Apple’s control over how apps get distributed, and they’re working hard to break free. Mark Zuckerberg, Sam Altman, and Elon Musk all want to control their own paths forward. This week, Zuckerberg brought on Alan Dye, a top Apple designer, after already taking several key AI staff members from Apple…

Apple’s leadership crisis deepens as tech rivals launch aggressive recruitment raid

2025/12/05 15:43

Apple is watching a growing number of senior leaders head for the exits as competitors ramp up efforts to challenge the tech giant’s dominance in the device market.

The company revealed Thursday that both its general counsel and head of policy plan to retire next year. This announcement follows a string of other high-level departures in recent days. A leading designer walked out the door Wednesday to join Meta Platforms. Earlier in the week, on Monday, Apple confirmed its head of strategy would be stepping down. The chief operating officer called it quits back in July, while the chief financial officer moved to a different position late last year.

These exits signal a major shift happening inside Apple, though Chief Executive Officer Tim Cook appears to have no plans to leave his post. Cook and the team of new executives coming in must tackle a major challenge: getting Apple ready for artificial intelligence and the new gadgets competitors are building to compete.

Talent drain extends beyond executive suite

The problem runs deeper than just the executive suite. As reported by Cryptopolitan in recent months, dozens of Apple workers have jumped ship to OpenAI and Meta. This steady loss of talented people has taken innovators away from Apple while giving rival companies the know-how they need to try to knock the company off its throne in digital devices.

Apple stays on top as long as people use its devices to access their online services. But other major tech companies don’t like Apple’s control over how apps get distributed, and they’re working hard to break free. Mark Zuckerberg, Sam Altman, and Elon Musk all want to control their own paths forward.

This week, Zuckerberg brought on Alan Dye, a top Apple designer, after already taking several key AI staff members from Apple during a major hiring push. He wanted to rebuild Meta’s AI operations. After his “metaverse” project failed to replace the iPhone, Zuckerberg now focuses on AI and smart glasses to reach the same goal.

OpenAI teams up with former Apple designer

Altman spent $6.5 billion to bring in Steve Jobs’s protégé Jony Ive, who played a key role building the iPhone and Apple Watch. Ive’s team includes other former Apple heavyweights. Together, they’re working on an AI device they believe will become the future of computing. OpenAI’s new hardware division has been actively recruiting from Apple lately as well.

A look at LinkedIn profiles shows dozens of Apple engineers and designers with skills in audio, watch design, robotics, and other areas have recently moved to OpenAI.

Musk has thought about making his own smartphone because he’s frustrated with Apple’s market control, WSJ reported earlier. His company X is taking Apple to court over complaints about where his AI app appears in the App Store.

None of these competitors pose an immediate danger. People’s entire digital lives sit on their iPhones. No breakthrough AI application exists yet that would convince them to switch devices, let alone a new device that offers such an app.

But Apple faces a problem. Without a clear AI plan that shows customers and workers the company can meaningfully contribute to this decade’s most important technology, Apple creates room for rivals to make their move.

One executive staying put is Cook despite reports of him being replaced next year. He turned 65 last month, an age when many chief executives think about retiring, but Cook keeps working at full speed. He proved his worth to investors again this year by skillfully managing relations with President Trump, stopping potential tariffs, and pushing Apple’s stock price to new highs.

If Cook can launch successful AI products before he leaves, he can cement his place as one of the great tech executives while setting up whoever comes next for success.

Sharpen your strategy with mentorship + daily ideas – 30 days free access to our trading program

Source: https://www.cryptopolitan.com/apples-tech-rivals-aggressive-recruitment/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
BitcoinEthereumNews2025/09/18 00:56
DOGE ETF Hype Fades as Whales Sell and Traders Await Decline

DOGE ETF Hype Fades as Whales Sell and Traders Await Decline

The post DOGE ETF Hype Fades as Whales Sell and Traders Await Decline appeared on BitcoinEthereumNews.com. Leading meme coin Dogecoin (DOGE) has struggled to gain momentum despite excitement surrounding the anticipated launch of a US-listed Dogecoin ETF this week. On-chain data reveals a decline in whale participation and a general uptick in coin selloffs across exchanges, hinting at the possibility of a deeper price pullback in the coming days. Sponsored Sponsored DOGE Faces Decline as Whales Hold Back, Traders Sell The market is anticipating the launch of Rex-Osprey’s Dogecoin ETF (DOJE) tomorrow, which is expected to give traditional investors direct exposure to Dogecoin’s price movements.  However, DOGE’s price performance has remained muted ahead of the milestone, signaling a lack of enthusiasm from traders. According to on-chain analytics platform Nansen, whale accumulation has slowed notably over the past week. Large investors, with wallets containing DOGE coins worth more than $1 million, appear unconvinced by the ETF narrative and have reduced their holdings by over 4% in the past week.  For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Dogecoin Whale Activity. Source: Nansen When large holders reduce their accumulation, it signals a bearish shift in market sentiment. This reduced DOGE demand from significant players can lead to decreased buying pressure, potentially resulting in price stagnation or declines in the near term. Sponsored Sponsored Furthermore, DOGE’s exchange reserve has risen steadily in the past week, suggesting that more traders are transferring DOGE to exchanges with the intent to sell. As of this writing, the altcoin’s exchange balance sits at 28 billion DOGE, climbing by 12% in the past seven days. DOGE Balance on Exchanges. Source: Glassnode A rising exchange balance indicates that holders are moving their assets to trading platforms to sell rather than to hold. This influx of coins onto exchanges increases the available supply in…
Share
BitcoinEthereumNews2025/09/18 05:07