*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).
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
