Joey Tan, Head of Global Strategic Initiatives at Alibaba Cloud, discusses recent partnerships with FIFA and the Olympics and why getting into the sports industry is great for the company's continued growth. Tan discusses how the cloud platform seeks to enhance the viewer experience and make games more widely available to groups that may not normally get to experience it. Tan talks how the Alibaba Cloud seeks to work in "smart" cities and how first tackling sports arenas can lead to developing municipalities.

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Apple posts stronger-than-expected Q2 results
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
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