Sources: Apple promotes Carson Oliver to VP of the App Store and names Steve Smith as M&A chief, replacing Adrian Perica, who keeps iCloud, Fitness+, and News (Mark Gurman/Bloomberg)

Apple has announced a reshuffle in its executive team, with Steve Smith taking over the role of mergers and acquisitions chief, effectively offloading the responsibilities from Adrian Perica. Smith, who previously served as Apple's Senior Director of Corporate Development, will now lead the company's M&A efforts. Perica, who previously managed Services, including iCloud, Fitness+, and News, will now focus on these areas going forward. The move comes as part of a broader executive overhaul at the tech giant.

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