The Scoop: Apple faces high-stakes announcement today

Plus: South Korea retaliates against North with K-pop; meme stock rollercoaster hits a bump.Apple finds itself in an unaccustomed situation.
It’s falling behind.
The company has been the very definition of technological cool for decades now, ushering in the smartphone revolution and making our devices aesthetically pleasing as well as functional.
But now its trademark iPhone is stagnating, failing to roll out new features that inspire people to shell out for a new model every year. And it&