Steve Jobs, mastermind behind Apple, has resigned as CEO of the company effective immediately.

Tim Cook, formerly Apple, Inc’s chief operating officer, has been named the new CEO, Apple’s board of directors announced on Wednesday. Jobs has been appointed chairman of the board.

“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,” Jobs wrote in a letter to Apple’s board on Thursday. “Unfortunately, that day has come.”

Jobs was diagnosed with a rare form of pancreatic cancer in 2004. In January of...

With touchscreens making their way into the e-reader market, the timing is right for the arrival of Kobo’s touch-equipped device.

But the Kobo Touch remains an also-ran to Barnes & Noble’s Nook and Amazon’s Kindle, both of which are much more popular. Still, the Kobo Touch is a legitimate contender for the hearts and minds of people wanting a dedicated e-reader. Apples-to-apples, the Kobo Touch has enough going for it to recommend it as an alternative to the Nook and Kindle.

The device is a bit rough around the edges compared to its more high-profile cousins, but it does boast two big...