News Snapshot:
NurPhoto / Getty Images Key Takeaways Apple is reportedly partnering with Chinese firm Alibaba to develop artificial intelligence features for iPhones in China. Apple Intelligence is a key selling point of iPhone 16, but the service has been unavailable in China since its October launch. Morgan Stanley analysts said the reported partnership would be "a critical catalyst for Apple’s competitive standing in China" and suggested it could solve Apple's iPhone sales slump in the country. Apple (AAPL) is reportedly partnering with Chinese e-commerce giant Alibaba (BABA) to develop Apple Intelligence features for iPhones in China, which analysts said could be...