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Apple moves its deal team back under the CFO after seven years

Apple is moving its mergers and acquisitions team back under chief financial officer Kevan Parekh, who ended the company’s net cash neutral policy in May in a move analysts read as room to buy things. It also promoted Carson Oliver to run the App Store, a job that is now mostly about European regulation. Apple […] This story continues at The Next Web

Published Oct 8, 2026 · 3:45 PMOriginal source: The Next Web1 reads
Apple moves its deal team back under the CFO after seven years
Apple is moving its mergers and acquisitions team back under chief financial officer Kevan Parekh, who ended the company’s net cash neutral policy in May in a move analysts read as room to buy things. It also promoted Carson Oliver to run the App Store, a job that is now mostly about European regulation. Apple […] This story continues at The Next Web
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The Trump administration is suspending some tech companies, including Microsoft, from an immigration program that lets an employer hire foreign workers that can reside permanently in the US, as reported by Reuters. In a press conference, Vice President JD Vance claimed the permanent labor certification program - intended for use when there aren't "sufficient" US workers available to do a job - has become "rife" with fraud over the "past several years," and that no company has "abused" the system more than Microsoft. "Our message to Microsoft is: you're a great American company, but you've got to hire great American workers." The administr … Read the full story at The Verge.

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Europe’s venture-backed companies could be worth more than its industrial base within five years, Dealroom founder and chief executive Yoram Wijngaarde said. He spoke at Wave by Vento in Turin on Thursday. “I think that the VC-backed ecosystem is going to overtake our industrial base in terms of total value created within the next five […] This story continues at The Next Web

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