Apple’s Ambitious 5G Modem Project Faces Setbacks, Potential Delay to 2026

November 17, 2023 – In the latest edition of Power On by Bloomberg’s Mark Gurman, it is revealed that Apple’s in-house 5G modem development is facing significant challenges. Following Apple’s acquisition of a substantial portion of Intel’s smartphone business in 2019, the company embarked on the serious undertaking of developing its own modem hardware. However,…

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Alibaba Group Announces September Quarter 2023 Results

HANGZHOU, China–(BUSINESS WIRE)–Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) today announced its financial results for the quarter ended September 30, 2023. “Alibaba Group delivered a solid quarter, marked by renewed momentum and energy across multiple businesses as a result of our strategic reorganization….

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