GoKawiil
Tech News
Apple has named Steve Smith as its new head of mergers and acquisitions, succeeding Adrian Perica, who held the role for more than a decade, according to Bloomberg. Perica is moving into a larger services role reporting directly to Eddy Cue, while Carson Oliver has been promoted to vice president of the App Store, also reporting to Cue.
A commentary piece discusses how even celebrated experts and public figures sometimes make confident but questionable claims outside their expertise. It cites tech investor Jason Calacanis's podcast remarks, including his view that the Russia-Ukraine war could be resolved through land swaps and that governments shouldn't regulate mergers and acquisitions.
On John Ternus's first day leading Apple, Bloomberg reports that former CFO Luca Maestri has stepped down from his Corporate Services role, with those duties now absorbed by current CFO Kevan Parekh. Separately, M&A chief Adrian Perica has been dropped from Apple's official leadership page, with his responsibilities possibly being split between the services and finance divisions.