Stock

Apple Watch ban halted by appeals court

An appeals court on Wednesday halted a federal ban on Apple Watch imports that took effect one day earlier.

The ban was enacted after the U.S. International Trade Commission ruled that some Apple Watch models created since 2020 infringed on pulse-reader patents owned by the California-based biotech firm Masimo.

The ITC is expected to file a response to Wednesday’s ruling by Jan. 10.

According to the tech news website 9to5Mac, Apple has also submitted a software update it believes will resolve the issue.

Neither Apple nor the biotech firm, Masimo, immediately responded to requests for comment.

This post appeared first on NBC NEWS

You May Also Like

Investing

2023 was a relatively lackluster year, silver largely traded on volatility between US$22 and US$25 per ounce. The white metal started 2024 with less...

Latest News

Dong’s experience, both as head of the People’s Liberation Army Navy (PLAN) as well as operational assignments in the Chinese military’s Eastern and Southern...

Investing

The US was one of the world’s top silver producers in 2023, recording output of 1,000 metric tons (MT). While that’s far below first-place...

Investing

The Canadian pharmaceutical market is the eighth largest in the world and accounts for 2.2 percent of the global prescription drug market. But what...

Disclaimer: GreatWallStreetPublisher.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 GreatWallStreetPublisher.com

Exit mobile version