4 things to know about the Apple Watch fiasco
CNN
It will soon become a lot harder to find the latest Apple Watch models in the United States.
It will soon become a lot harder to find the latest Apple Watch models in the United States. Apple said Monday it will stop selling some versions of its bestselling smartwatch starting later this week to get ahead of what could be one of the most momentous patent disputes in quite some time. The unprecedented decision to remove a hugely popular product from store shelves stems from a recent ruling by the International Trade Commission that found Apple was in violation of medical company Masimo’s pulse oximeter patent. That technology uses light to read blood-oxygen levels. Apple introduced a pulse oximeter feature utilizing that method in 2020 in its Apple Watch Series 6 lineup. Now Apple faces the possibility of having these models banned unless Apple makes substantial changes to the way the Apple Watch works – or if the ruling is vetoed by President Joe Biden during a review period. Although the review period doesn’t end until December 25, Apple said it is “preemptively taking steps to comply should the ruling stand” by removing some from the market. Here’s a closer look at everything you need to know: Apple told CNN it will no longer sell its Apple Watch Series 9 and Apple Watch Ultra 2 in the United States, starting Thursday on Apple.com and from retail locations after December 24.
Walmart is getting caught in the middle of an escalating trade war between the United States and China.
Intel has named a new chief executive, as the chipmaking giant attempts to recover from several bruising years that saw the one-time industry leader fall behind most of its rivals.
Two months ago, JPMorgan Chase CEO Jamie Dimon defended President Donald Trump’s tariff policy with a curt message: “Get over it.” But with stock markets lower and cracks appearing to form in the US economy, Dimon himself might not be over it.
The US Federal Trade Commission asked a federal court in Seattle on Wednesday to delay a September trial in its case alleging Amazon misled consumers over its Prime subscription service, citing “severe resource shortfalls in terms of both money and personnel.”
There may be some cracks forming in the egg market.
Ruth Marcus, who recently resigned as a Washington Post columnist after four decades, said she parted ways with the paper following a spiked opinion piece on the paper’s billionaire owner because her job is to tell readers “what I think, not what Jeff Bezos thinks I should think.”
CNN is tracking price trends for various household staples each month as new factors threaten to increase costs.
Inflation slowed in February for the first time in four months, but that progress may be short lived as President Donald Trump ramps up his trade war, which threatens to increase prices for Americans.
With his chaotic trade policy, President Donald Trump is digging himself into an economic and political hole so deep, it may prove impossible to climb out.
American consumers – and their wallets – are the engine of the economy. But they’re now showing the strain of inflation, President Donald Trump’s tariffs and a stock market plunge.
Elon Musk has secured a major win in India by signing two back-to-back deals to bring SpaceX’s Starlink satellite internet services to the country.
President Donald Trump imposed a sweeping 25% tariff on all steel and aluminum imported into the United States early Wednesday, a move that threatens to drive up prices on a broad range of consumer and industrial goods for Americans.
Meta is once again facing allegations from a former employee that a growth-at-all-costs culture has caused offline harm.