Search Everything in One Place

Explore the web, images, videos, news, and more – all in one place.

Finance

Apple loses bid to overturn $634M Masimo judgment over Apple Watch dispute

Apple loses bid to overturn $634M Masimo judgment over Apple Watch dispute
Apple loses bid to overturn $634M Masimo judgment over Apple Watch dispute

A California federal judge on Monday denied Apple's (AAPL) effort to overturn a $634M jury verdict in favor of Masimo involving a patent covering technology that measures pulse oximetry (blood oxygen levels), a feature found on Apple Watches.  Judge James Selna determined that while Apple misappropriated 2 of 14 Masimo trade secrets, he declined an...

  • A California federal judge on Monday denied Apple's (AAPL) effort to overturn a $634M jury verdict in favor of Masimo involving a patent covering technology that measures pulse oximetry (blood oxygen levels), a feature found on Apple Watches. 
  • Judge James Selna determined that while Apple misappropriated 2 of 14 Masimo trade secrets, he declined an injunction request and stated Masimo couldn't pursue monetary relief claims, Bloomberg Law reported. Masimo, now a part of Danaher (DHR), was seeking as much as $3.1 in damages for the trade secrets portion. 
  • Masimo filed a notice of appeal over the trade secrets claim.
  • Apple had argued that its engineers developed health monitoring elements in the watches.
Read full story on Seeking Alpha

Related News

More stories you might be interested in.

Microsoft investors brace for AI reality check as earnings near
Benzinga·1 day ago

Microsoft investors brace for AI reality check as earnings near

Microsoft Corp. MSFT stock is trading higher by almost 1% on Monday as big-cap technology stocks advance in a broader risk-on session. The Nasdaq has gained almost 1%, while the S&P 500 is up 0.33%. Technology is leading all sectors with a 0.9% gain. Investors are also looking ahead to Microsoft’s fiscal fourth-quarter earnings on July 29, with Wall Street closely watching Azure cloud growth, artificial intelligence monetization and capital...

Top