In case you had any doubts the future is going to run on batteries, Apple’s latest move may help convince you. Bloomberg says the Cupertino tech giant is in talks with mining companies that pull the mineral cobalt out of the ground, since that’s one of the primary ingredients in batteries. Until now, Apple just relied on battery makers to round up the stuff, but Cook and company apparently see a cobalt crunch on the horizon.
They apparently want to lock down a cobalt supply line before Elon Musk’s Telsa electric car company – and pretty much every other car company – dominates the battery market. As you can imagine, cars use a lot more of the stuff than cell phones, so until someone comes up with a cobalt-free battery that works as well or better, you can bet the fight over cobalt is just getting started. Bloomberg says about a quarter of the cobalt mined in world goes into portable device batteries. More: https://www.bloomberg.com/news/articles/2018-02-21/apple-is-said-to-negotiate-buying-cobalt-direct-from-miners?
Qualcomm VR headset at MWC2018: https://www.qualcomm.com/news/releases/2018/02/21/qualcomm-announces-new-snapdragon-845-mobile-vr-reference-design-fuel-next
Ferrari 488 GTB Pista: http://auto.ferrari.com/en_US/sports-cars-models/car-range/ferrari-488-pista/
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