A U.S. appeals court on Friday rejected a jury verdict ordering Apple Inc. and Broadcom Inc. to pay $1.1 billion to the California Institute of Technology for infringing its Wi-Fi technology patents, and ordered a new trial on damages. The U.S. Court of Appeals for the Federal Circuit said the January 2020 award by the…
Judge Dismisses Lawsuit over Apple iPhone Water Resistance Claims
NEW YORK—A federal judge on Wednesday dismissed a proposed class-action lawsuit accusing Apple Inc. of misleading consumers about how resistant its iPhones are to water exposure. Apple’s advertisements had made various claims about the iPhone’s resistance to damage when submerged or otherwise exposed to water, including that some models could survive depths of 4 meters…
China Suspected in Hack of Journalists at News Corp.
Digital intruders broke into News Corp. email accounts and compromised the data of an unspecified number of journalists, the company disclosed Friday. The media firm’s internet security adviser said the hack was likely aimed at gathering intelligence for Beijing’s benefit. News Corp., which publishes the Wall Street Journal, said the breach was discovered in late…
Upcoming Platform Truth Social Key Step Toward Restoring Good Governance: CEO Devin Nunes
Former Republican congressman Devin Nunes, who left his political post to head Trump Media and Technology Group (TMTG), says the company’s Truth Social platform will be a launch pad for the development and support of news and media content that allows all points of view in an era of tightening censorship. “So, we’re trying to…
Wordle Buyout by New York Times Draws Backlash From Fans
The New York Times Co.’s acquisition of Wordle has created uproar on social media, with fans expressing fears that the popular online word game, which is currently free to play, might be put behind a paywall. Announcing on Monday that it had bought Wordle for an undisclosed price in the low seven figures, the Times…
Snap Shares Surge After First-Ever Quarterly Profit
Snap Inc. saw its shares surge by nearly 60 percent after the company reported its first-ever quarterly profit, defying analysts’ predictions that the messaging platform would post another loss. The California-based company said in a Feb. 3 earnings report that its fourth-quarter profit was $22.6 million, or 1 cent per share. The report came as…
Ocean Geoengineering ‘Not Rocket Science’: Russ George
In a Feb. 3 webinar with the conservative environmental group ConservAmerica, entrepreneur Russ George pitched the idea of using iron fertilization to spur plankton growth far from shore. George said the procedure removed carbon from the atmosphere while restoring fish populations—an approach he made famous in 2012 through the experimental release of iron sulfate into…
Nike Files Lawsuit Against Online Reseller StockX Over Sale of ‘Unauthorized’ Virtual NFT Shoes
Nike filed a lawsuit against online reseller StockX in New York federal court on Thursday, accusing it of creating and marketing non-fungible tokens (NFTs) based on the brand’s products without its permission. The Oregon-headquartered company is suing StockX, which buys and resells clothing, technology products, and other collectible goods; for trademark infringement and dilution, as well as unfair…
World Markets Shrug Off Tech-Led Selloff on Wall Street
BANGKOK—Shares in Europe and Asia were mostly higher Friday after a historic plunge in the stock price of Facebook’s parent company yanked other tech stocks lower on Wall Street. Shares rose in Paris, London, and Tokyo. Hong Kong jumped 3.3 percent after reopening from Lunar New Year holidays. Trading in Shanghai will resume on Monday….
Why Apple Is Suing to Halt the Distribution of This Upcoming Film
Apple Inc. has filed a lawsuit against a “Healthy Lifestyle Superhero” movie titled “Apple-Man,” seeking to halt its distribution over concerns that viewers might associate the production with itself. What Happened The action-comedy film—backed by a Kickstarter campaign that has raised EUR 101,717 ($114,187)—says it is a Superhero flick with a “strong social mission.” “My movie…
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