Tim Cook Named to California's Economic Recovery Task Force - MacRumorsOpen MenuShow RoundupsShow Forums menuVisit ForumsOpen Sidebar
Skip to Content

Tim Cook Named to California's Economic Recovery Task Force

California Governor Gavin Newsom today unveiled a new business recovery task force intended to guide the state as it gets its economy back up and running as coronavirus shutdowns begin to ease in the coming weeks and months, reports CNBC.

timcooktokyonikkei
The task force will be co-chaired by philanthropist Tom Steyer and Newsom's chief of staff Ann O'Leary, and it will be composed of more than 70 members including Apple CEO Tim Cook and Disney Executive Chairman Bob Iger.

The task force will reportedly meet twice a month through the end of the year.

Cook's participation on the task force comes just after a virtual company-wide meeting for Apple employees where Cook outlined some details on the current situation and how things will likely evolve going forward. Cook reiterated that Apple is in a strong financial position and that it will keep investing in its research and development efforts "in a really significant way" as it seeks to maintain as much momentum as possible coming out of the crisis.

Note: Due to the political or social nature of the discussion regarding this topic, the discussion thread is located in our Political News forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

Popular Stories

Tim Cook Chengdu China

Tim Cook Visits China for the Third Time in 2026

Monday October 12, 2026 6:54 am PDT by
Tim Cook is visiting China for the third time this year, with talks in Guangdong focused on expanding Apple's manufacturing and sales operations, the South China Morning Post reports. This is Cook's first China trip in his capacity as Apple's executive chairman. He moved into the position on September 1 when John Ternus took over as CEO. Apple has said part of Cook's work involves...
Apple Logo and Turkiye Flag Feature

Apple Announces Türkiye Expansion Plans as Tim Cook Visits

Monday November 9, 2026 8:32 am PST by
Apple today announced that it will open five new Apple Developer Academies, one Apple Developer Center, and one Apple Manufacturing Academy in Türkiye. Apple's executive chairman Tim Cook is currently touring Türkiye, meeting with the company's retail employees, app developers, content creators, an athlete, and...
iOS 28 AI

Apple Taking New Approach to Developing iOS 28 and macOS 28

Sunday November 8, 2026 7:42 am PST by
Apple has made a change to its development process for iOS 28, macOS 28, and corresponding software updates, according to Bloomberg's Mark Gurman. In his Power On newsletter today, he said Apple separates development of each year's new operating systems into three major stages. Typically, he said each stage consists of four weeks of coding followed by a four-week "convergence" period where...

Top Rated Comments

86 months ago
"Business recovery task force?" You need a task force to figure out the best way to improve your economy is to get the hell out of its way? Stop strangling people with absurdly high taxes, and ridiculous regulations and regulatory agencies? Is it that difficult to figure out after all that history?
Score: 24 Votes (Like | Disagree)
Duane Martin Avatar
86 months ago

Hopefully Cook tells Newsom that he recommends ALL public companies in CA should be Forced to Pay Off ALL their Long Term Debt BEFORE buying Back any more Shares, OR paying out any more Dividends !

And that Apple will lead the way by paying-off its $100B+ (USD) of Long Term Debt !
And all Californians can be thankful that someone with your complete lack of knowledge of economics and money management is not on the task force. The world is a little more complex than you perceive it to be. "Debt is bad" is an ideology, not a practical rationale for managing finances.


"Business recovery task force?" You need a task force to figure out the best way to improve your economy is to get the hell out of its way? Stop strangling people with absurdly high taxes, and ridiculous regulations and regulatory agencies? Is it that difficult to figure out after all that history?
Speaking of history how did the U.S. deregulation of the banking industry work out for the entire world in 2008? And why do tax breaks always seem to benefit those who least need them and not the most vulnerable? If only it was all as simple as you imagine it to be.
Score: 22 Votes (Like | Disagree)
86 months ago

Good. Now leave Apple and stay in politics... It's what you've stuck your nose into for the past decade plus anyway.
I'm guessing you are not aware that Apple has around 37,000 employees in California. And that Tim Cook, being the CEO of Apple and responsible for those 37,000 employees, thus has a large stake in how California's recovery is handled.
Score: 18 Votes (Like | Disagree)
86 months ago

Hopefully Cook tells Newsom that he recommends ALL public companies in CA should be Forced to Pay Off ALL their Long Term Debt BEFORE buying Back any more Shares, OR paying out any more Dividends !

And that Apple will lead the way by paying-off its $100B+ (USD) of Long Term Debt !
You're saying Apple needs to spend their money to reduce debt with the lowest interest rates, instead of reducing higher effective interest rates, or investing in their business. Right.

Do you also pay off your mortgage before your credit cards?
Score: 17 Votes (Like | Disagree)
JPack Avatar
86 months ago
Let's hope there are also epidemiologists and doctors on this task force.
Score: 17 Votes (Like | Disagree)
86 months ago

Ideal job for Tim, not that we'd like you to leave Apple Timmey, but if you can let someone with a bit of product innovation ambition lead, consumers would benefit a bit more.
No worries, mate. Mr. Cook is doing a fine job leading Apple, as evidenced by the hundreds of millions of repeat customers who after considering competing products, open their wallets and pay premium prices for Apple computers and devices. Year after year after year.
Score: 15 Votes (Like | Disagree)
Latest Stories
Anthropic Launches Claude Fable 5.2 and Mythos 5.2
Anthropic Launches Claude Fable 5.2 and Mythos 5.2
6 minutes ago
Apple Releases macOS Golden Gate 27.2.1
Apple Releases macOS Golden Gate 27.2.1
2 hours ago
Apple Releases iOS 27.2.1 With Bug Fixes
Apple Releases iOS 27.2.1 With Bug Fixes
2 hours ago
Apple Releases watchOS 27.2.1 and visionOS 27.2.1 With Security Fixes
Apple Releases watchOS 27.2.1 and visionOS 27.2.1 With Security Fixes
2 hours ago
Apple Watch Ultra 4 Gets $99 Amazon Discounts, Starting at $699.99
Apple Watch Ultra 4 Gets $99 Amazon Discounts, Starting at $699.99
2 hours ago
Apple Pay Ad Features Martial Arts Convenience Store Food Fight
Apple Pay Ad Features Martial Arts Convenience Store Food Fight
2 hours ago
Apple Continues to Say Some AI Features Will Have Fees for Extra Usage
Apple Continues to Say Some AI Features Will Have Fees for Extra Usage
2 hours ago
Apple Announces Türkiye Expansion Plans as Tim Cook Visits
Apple Announces Türkiye Expansion Plans as Tim Cook Visits
3 hours ago
Singapore Saved Apple $2.7 Billion in Taxes This Year
Singapore Saved Apple $2.7 Billion in Taxes This Year
3 hours ago
Apple Music's 2026 Artist of the Year is Olivia Dean
Apple Music's 2026 Artist of the Year is Olivia Dean
4 hours ago
This Could Be Your Last Chance to Pre-Order the HomeView at a Discount
This Could Be Your Last Chance to Pre-Order the HomeView at a Discount
4 hours ago
Some HomePod Mini 2 Buyers Returning Units Over Mac Speaker Issues
Some HomePod Mini 2 Buyers Returning Units Over Mac Speaker Issues
4 hours ago
MacBook Pro With PROLED XDR Display: Details You Might Have Missed
MacBook Pro With PROLED XDR Display: Details You Might Have Missed
4 hours ago
Satechi Offers MacRumors Readers 30% Off Select Accessories in Early Black Friday Sale
Satechi Offers MacRumors Readers 30% Off Select Accessories in Early Black Friday Sale
5 hours ago
Leaker Envisions a Shorter iPhone With a New iOS Layout
Leaker Envisions a Shorter iPhone With a New iOS Layout
5 hours ago
Apple to Give You More Control Over When Your Mac Passwords Lock
Apple to Give You More Control Over When Your Mac Passwords Lock
6 hours ago
Siri Is Getting a Better Memory
Siri Is Getting a Better Memory
6 hours ago
iPhone 18e Could Feature Bigger Display and Battery
iPhone 18e Could Feature Bigger Display and Battery
7 hours ago
Apple's Siri Boss May Leave - Here's Who Could Take Over
Apple's Siri Boss May Leave - Here's Who Could Take Over
7 hours ago
Apple Launching Two More New Products This Friday
Apple Launching Two More New Products This Friday
7 hours ago
Apple Store Subscription Sign-Up Controversy Exposed
Apple Store Subscription Sign-Up Controversy Exposed
16 hours ago
Siri AI Rumored to Become 'More Like an Agent' as Early as Next Year
Siri AI Rumored to Become 'More Like an Agent' as Early as Next Year
1 day ago
Apple Taking New Approach to Developing iOS 28 and macOS 28
Apple Taking New Approach to Developing iOS 28 and macOS 28
1 day ago
Early Apple Black Friday Deals on Apple Watch, MacBook Air, and More
Early Apple Black Friday Deals on Apple Watch, MacBook Air, and More
2 days ago
'Backglow' Lets You Customize New MacBook Pro's Glowing Apple Logo
'Backglow' Lets You Customize New MacBook Pro's Glowing Apple Logo
2 days ago
Top Stories: Apple Product Launches, iOS 27.3 Beta, and More
Top Stories: Apple Product Launches, iOS 27.3 Beta, and More
2 days ago
More Fun iPhone Duo Apps: 30 New Picks to Try
More Fun iPhone Duo Apps: 30 New Picks to Try
3 days ago
Hands-On With Apple's New OLED Touchscreen MacBook Pro
Hands-On With Apple's New OLED Touchscreen MacBook Pro
3 days ago
Apple Store With All-New Design Opening Soon in Southern California
Apple Store With All-New Design Opening Soon in Southern California
3 days ago
Control the Glowing Apple Logo on Your New MacBook Pro
Control the Glowing Apple Logo on Your New MacBook Pro
3 days ago