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The tech world is in shock and mourning. Steve Jobs passed away last night. Steve has been battling illness since 2004 and has received numerous liver transplants.

A lot of people suspected things weren't going well when Steve resigned as Apple's CEO in August this year.

There has been no official word as to Steve's cause of death, but a lot of experts are pointing fingers in the direction of cancer.

Editorials and tributes about Steve Jobs has been pouring in from all over the world:

• Apple
• Mark Zuckerberg
• Sergey Brin from Google
• Larry Page from Google

When most people think about Steve Jobs, they also think of the friendly rivalry between him and his 'arch-nemesis', Bill Gates.

So it's most fitting to see Bill Gates' tweet, honouring Steve and his memory:

For those of us lucky enough to get to work with Steve, it’s been an insanely great honor. I will miss Steve immensely. http://b-gat.es/qHXDsU

The world has truly lost a visionary.

After years of health problems and extended periods of medical leave, Apple's Board of Directors announced last night that Steve Jobs will be resigning as Apple CEO, effective immediately.

Steve Jobs returned to his former company as the 'interim' CEO in 1996 and he dropped the 'interim' part of his title in 2000. Under his captaincy, the company has returned to it's former glory, creating good hardware devices backed up by an excellent eco-system.

Devices like the iPod, the iPhone and Macbooks are now ubiquitous with the word 'Apple'.

Steve has asked that the Chief Operating Officer, Tim Cook, be appointed as his successor.

Apple's share price has dropped by 7% since the announcement.

Is this the end of an era?