Tim Cook is set to step down on September 1, and a source says Apple hosted an intimate farewell party; sources say Cook's assistant will work with John Ternus (Aaron Tilley/The Information)

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Aaron Tilley / The Information:
Tim Cook is set to step down on September 1, and a source says Apple hosted an intimate farewell party; sources say Cook's assistant will work with John Ternus  —  Next Tuesday, Tim Cook will officially pass the baton as Apple CEO to his successor, John Ternus.

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