The man who changed the face of technology as we know it has died. Apple co-founder and former CEO Steve Jobs, who was battling pancreatic cancer and had a liver transplant in 2009, has passed away at the age of 56.
Steve Jobs is stepping down as chief executive at Apple, the company said on Wednesday. Jobs will remain at the company as chairman, but he and his iconic black turtleneck will be replaced by former Chief Operating Officer Tim Cook.
President Barack Obama said Sunday night that he and Congressional leaders had reached a debt deal that cuts trillions in federal spending. The debt ceiling plan was set to face a vote on Monday in hopes of enacting it before a Tuesday deadline, thus averting default, The New York Times reported.
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