It's the last day of May, and we have some fascinating stories for today's Apple World Today News Update podcast:

• One Apple supplier's stock has fallen by more than half its value this year, based on rumors that Apple might be making its own power management chips
• Connected health pioneer Withings is back after being acquired and run into the ground by Nokia
• Distracted driving laws may start seeing the Apple Watch as a "handheld device" after a Canadian student was ticketed for driving and using her Watch