reuters
Apple is to suspend sales of its Apple Watch Series 9 and Apple Watch Ultra 2. The tech giant is facing a ban on selling the smart watches after medical tech firm Masimo claimed Apple copied the patents for the built-in blood oxygen sensors. The International Trade Commission (ITC) ordered a ban on Series 9 and Ultra 2 imports into the US in October. Apple was accused of using Masimo's pulse oximetry technology in some Watches. And if President Joe Biden signs off on a ban, Series 9 and Ultra 2 imports will be prohibited from December 25. An Apple spokesperson told Reuters at the time: “Masimo...
BANG Showbiz English
By Mohammed Kudrati Hindenburg Research - the activist short-selling firm that has targeted the Adani Group causing a massive meltdown in its stocks on the exchanges has not been banned from putting out research on United States (US)-based firms, as claimed by a viral message in India. The firm's founder, Nate Anderson, also took to Twitter to clarify that the claims on social media are not true. While the short seller was subpoenaed by the Department of Justice in early 2022 as part of a broader investigation into potential trading abuse, there is no evidence to show that this matter led to l...
BOOM Live
President Joe Biden‘s administration has announced a crackdown on cash home purchases as part of a broader mission to stamp out corruption ahead of the Summit for Democracy, which Biden will host on Thursday. “For too long, corrupt actors and their financial facilitators have taken advantage of vulnerabilities in the U.S. and international financial systems to launder their assets and obscure the proceeds of crime. Similarly, corrupt actors amass ill-gotten wealth through illicit gains of other resources, including minerals and wildlife,” the administration said in its 38-page National Securit...
uPolitics.com
New York (AFP) - Reuters News said it was delaying the start of its website paywall following a dispute with financial data provider Refinitiv, postponing what it had characterized as its most significant transformation in a decade. The agency, one of the largest news organizations in the world, is planning to charge for access to Reuters.com as part of a new digital subscription strategy designed to attract business professionals. Editor-in-Chief Alessandra Galloni confirmed at a staff meeting that the launch, originally scheduled for June 1, had been paused, according to an article on the Re...
AFP
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