🌎 Apple’s chips aren’t ripening

Plus: There’s Pepsi in the river. Was this newsletter forwarded to you? [Sign up here](%2F%2Fqz.com%2Femails%2Fdaily-brief%2F/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/QEBDgUJzTOiwa7Mb7oK5MberMTOE-YblI25fegiTTJg=327) [Quartz](%2F%2Fqz.com%2Femails%2Fdaily-brief%2F1851029537%2Fapple-s-chips-aren-t-ripening%2F/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/EQXGAZwU8BXdgGavYgrlmm0yuycIcD-9Io2rKDPQ2cY=327) November 17, 2023 [View in browser](%2F%2Fqz.com%2Femails%2Fdaily-brief%2F1851029537%2Fapple-s-chips-aren-t-ripening%2F/2/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/v5bqp0yhiE1O9kK_LDl0w7gDw2ID60Aev_UhTGRcFmo=327) Sponsored By %2F%2Fqz.com%2Femails%2Fdaily-brief%2F1851029537%2Fapple-s-chips-aren-t-ripening%2F/3/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/8eHlKPGWcvro2Ks7HssMK1XIZ_zBnjd2R6DnqudEfPw=327 Photo: Reuters (Vincent West) Good morning, Quartz readers! Here’s what you need to know Apple is falling behind in its plan to use homegrown chips in iPhones. The multibillion-dollar effort is [snagging on the complexity](%2F%2Fwww.bloomberg.com%2Fnews%2Farticles%2F2023-11-16%2Fapple-project-to-replace-modems-made-by-qualcomm-falls-further-behind-to-2026%3Fsrnd=premium/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/QD0jPNFtvig3b3FVqzBSOv8oKTiUOYBe8AMvSUkv8Wo=327) of Qualcomm’s technology, and may not come to fruition until 2025 or 2026. Mars is buying Britain’s Hotel Chocolat for £534 million ($662 million). The UK chocolatier will try to grow its international footprint [while under the wing](%2F%2Fwww.reuters.com%2Fmarkets%2Fdeals%2Fmars-buy-britains-hotel-chocolat-662m-2023-11-16%2F/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/fwnNGRE5lc9VGmws7EJ6SxVl-bw2T2lPcVAH_VTWQ2c=327) of the US foods giant. Xi Jinping called on US business leaders to help ease tensions with the US. But during a dinner Wednesday, the Chinese president [didn’t completely win over the crowd](%2F%2Fwww.wsj.com%2Fworld%2Fchina%2Fchinas-xi-draws-standing-ovation-from-u-s-business-leadersand-some-doubts-13fc3ad2%3Fmod=hp_lead_pos7/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/GcnOYtB3rutkZST3yWmYryZUa5nrjgtrG9TX-RDGpOI=327), as concrete plans to boost ties weren’t shared. US prosecutors seized the biggest ever batch of knock-off luxury goods. The scheme [included more than 100,000 items](%2F%2Fwww.bloomberg.com%2Fnews%2Farticles%2F2023-11-16%2Fus-makes-biggest-seizure-of-knock-off-luxury-items-at-1-billion/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/7KsFCJJzHzfsv-RdV3Cy6KnzEILCNiCDowlwrsZKNFA=327) worth more than $1 billion. Sponsor content by BOFA SECURITIES [BOFA SECURITIES]( See market signals in a sea of data. Each week, our Global Research Unlocked™️ podcast helps you chart the right path. Nuanced insights from industry-leading analysts help you achieve industry-leading results. [advertisement][advertisement][advertisement] [Listen now.]( Ethiopian Airlines is going back to the 737 Max “Once bitten, twice shy,” doesn’t really apply to Africa’s biggest airline. Ethiopian Airlines said that it has ordered 20 planes of the Boeing 737-8 Max—the same model that [killed 157 people](%2F%2Fqz.com%2Fafrica%2F1569594%2Fethiopian-airlines-flight-to-nairobi-kenya-crashes%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1851029537/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/hgULr5yHAq80zyl97DJe50vPuKDKBvz6lbO91m2syaA=327) six minutes after taking off from Ethiopia’s capital Addis Ababa in March 2019. Most airlines have since avoided purchasing the aircraft, with only 30 out of the world’s 5,000 airlines flying it. But Ethiopian Airlines thinks adding the model to its fleet makes business sense—despite travelers citing fears of flying in the 737 Max since the 2019 accident. Need a refresher on the timeline of the 737 Max disasters and ensuing controversy? Quartz’s Faustine Ngila [has a detailed flyover](%2F%2Fqz.com%2Fethiopian-airlines-boeing-737-max-faa-fatal-accident-1851028514%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1851029537/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/lVrvXvNS6vpGpmjhjE1GMF6g2ErYYSUeS9TBuZ7XdcA=327). There’s Pepsi in the river PepsiCo is facing legal trouble in New York as the shores of the Buffalo River have been littered with single-use plastic packaging like that used in Cheetos packets and Gatorade bottle caps. The lawsuit claims that not only are Pespi’s plastics a public nuisance, but [that the company has deceptively marketed](%2F%2Fqz.com%2Fpepsi-accused-polluting-new-york-river-microplastics-1851027091%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1851029537/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/R28ZNnbQ_UjCdOhk37QP9Iz5BHGsliGaRfmB48u2krY=327) how much of those plastics it can actually recycle. 85 and 25: Different beverage and snack food brands respectively owned by PepsiCo that come in mostly single-use plastic containers. 17%: Share of the 1,916 pieces of plastic trash collected with an identifiable brand in a 2022 survey of 13 waste collection sites along the Buffalo River by the attorney general’s office, suggesting PepsiCo’s single-use plastic was the most rampant. 11%: Increase in virgin plastic use by PepsiCo in 2022, year-over-year—the aim of a 20% reduction by 2030 is feeling far off. 100%: Products PepsiCo has pledged to aim to make “recyclable, compostable, biodegradable or reusable” by 2025. 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Each week, our Global Research Unlocked™️ podcast helps you chart the right path. Nuanced insights from industry-leading analysts help you achieve industry-leading results. [advertisement][advertisement][advertisement] [Listen now.]( Surprising discoveries Only a small portion of the US uses the word “sneakers.” And an even smaller portion uses the phrase “[gym shoes](%2F%2Fkottke.org%2F23%2F11%2Fdo-you-say-tennis-shoes-gym-shoes-or-sneakers/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/Ak5EOMags0TU8j3iOFEfybHJgUiCd65FmGoBrSTBCaA=327).” The US may be getting more pandas from China. The “[envoys of friendship](%2F%2Fnews.yahoo.com%2Fchinese-president-signals-more-pandas-062228806.html/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/Yv2GV4Ma8IyCYObzMhqTAp5GncYAT_5sikGGx3iVc9w=327)” are also really [pricey propaganda](%2F%2Fqz.com%2Femails%2Fquartz-obsession%2F1316207%2Fpandas/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/bCF3L8vAnhOXrm6jrAwtTxyClHH3LzYtlfNfnCA-Z5c=327). Sailors are playing heavy metal to try and deter orcas. [It’s not working](%2F%2Fwww.nytimes.com%2F2023%2F11%2F15%2Fworld%2Feurope%2Forcas-attacks-boats.html/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/TgLd2uBNKaTT6B3TPVO5S7Oefng4WpOlvyHJ4F6Mcps=327). The most famous stamp in the US pictures an upside down, old-timey airplane. It’s called an [Inverted Jenny](%2F%2Fwww.nytimes.com%2F2023%2F11%2F14%2Fus%2Finverted-jenny-stamp.html/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/kGtlUrDHzU7HEOhnfCA_FobRlPuO2XGd-kIGUlyngdw=327), and it’s worth $2 million. A volcano that led to the evacuation of a town in Iceland may just be starting a new eruptive cycle. It could mean [decades of instability for the people involved](%2F%2Fwww.bbc.com%2Fnews%2Fworld-europe-67429872/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/kz_oyLpN5PtNOqkuTxzXLmnw-5DonDi81J5t1nepASU=327). Did you know we have two premium weekend emails, too? One gives you analysis on the week’s news, and one provides the best reads from Quartz and elsewhere to get your week started right. You can get those by [becoming a member](%2F%2Fqz.com%2Fsubscribe%2Fplan/1/0100018bdcece58c-8c7610da-41ca-407c-8873-04f03d05cee0-000000/YMljHUsUyNpubkpmho3YyR3srTxUqcnj4xV94JzCAWA=327)—and take 20% off! Our best wishes for a productive day. 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