*By Conor White* Reports indicate that widespread 5G may arrive in 2019, and providers are scurrying to meet that unofficial deadline in the wake of Verizon's recent announcement that it will partner with Samsung to release a 5G phone by June. But until then, 5G is a nebulous goal. "In a sense, 5G in a very real sense doesn't exist right now,"Pete Pachal, Mashable's tech editor told Cheddar Tuesday. "Right now, there are lot of people, a lot of companies, tripping over themselves to be first at 5G and have those bragging rights," Pachal said. One company that may sit this round out, at least initially, is Apple ($APPL). The company is executing a time-consuming switch from Qualcomm to Intel processors. "It's going to take a little while to get that integrated with Apple's chips and its technology," Pachal said. "So 2020 looks like the 5G iPhone." Even if consumers have to wait for Apple and the iPhone to get on board, 5G should usher in a new age of connectivity. "If it's even half the promises they're making, it's going to be a tremendous shift in wireless," Pachal said. For full interview [click here](https://cheddar.com/videos/the-future-of-5g-technology).

Share:
More In Business
Boeing defense workers on strike in the Midwest turn down latest offer
Boeing workers at three Midwest plants where military aircraft and weapons are developed have voted to reject the company’s latest contract offer and to continue a strike that started almost three months ago. The strike by about 3,200 machinists at the plants in the Missouri cities of St. Louis and St. Charles, and in Mascoutah, Illinois, is smaller in scale than a walkout last year by 33,000 Boeing workers who assemble commercial jetliners. The president of the International Association of Machinists says Sunday's outcome shows Boeing hasn't adequately addressed wages and retirement benefits. Boeing says Sunday's vote was close with 51% of union members opposing the revised offer.
FBI’s NBA probe puts sports betting businesses in the spotlight
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
Tesla’s profit fell in third quarter even as sales rose
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
Load More