Steve Jobs, the founder of Apple has resigned as its’ CEO due to health reasons.

“I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know,” Mr. Jobs said in his resignation letter. “Unfortunately, that day has come.”

However, Jobs isn’t leaving completely and his position as Chairman of the board will be put into effect immediately.

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Jason Lim

Jason is an Australian born Chinese living in Beijing, specializing in entrepreneurship, start-ups and the investment eco-system in China, especially in the tech and social area.