Masimo activist agrees to end proxy fight if company expands board, adds both nominees

The Masimo logo is displayed at Masimo headquarters in Irvine, California, Dec. 27, 2023 Mario Tama | Getty Images Activist Politan Capital said on Thursday it would not mount a proxy fight to oust Masimo CEO Joe Kiani if the company agreed to add the activist’s two new directors, according to a letter viewed by … Read more

Masimo CEO Joe Kiani pledged $400 million in Masimo stock for loans

Founder and CEO of Masimo, Joe Kiani addresses a press conference in Bangalore on January 2, 2017.  Manjunath Kiran | Afp | Getty Images Billionaire Masimo founder Joe Kiani, best known for his successful legal fight against Apple and his friendship with President Joe Biden, has borrowed against half of his $660 million stake in … Read more

Apple avoid ban by selling latest watches without blood oxygen feature

The Apple Inc. iPhone 8, Airpods, and Apple Watch sit on the AirPower charger during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Tuesday, Sept. 12, 2017. David Paul Morris | Bloomberg | Getty Images Apple will remove the blood oxygen feature from its latest Apple Watches, a move that will … Read more

Apple will sell latest Apple Watch models after import ban halted

Apple smartwatches ads are displayed as customers take a look at smartwatch accessories at the Apple store in New York, U.S., December 26, 2023.  Eduardo Munoz | Reuters Apple will be able to sell the latest Apple Watches after an import ban was temporarily paused by an appeals court on Wednesday, in a major victory … Read more

Apple stops selling some Apple Watches on website over patent dispute

An Apple Watch Ultra 2 device is displayed for sale at The Grove Apple retail store on release day in Los Angeles on Sept. 22, 2023. Patrick T. Fallon | AFP | Getty Images Apple has stopped selling the Apple Watch Series 9 and Apple Watch Ultra 2 smartwatches on its U.S. website, CNBC checks … Read more

Apple fails in bid to delay Apple Watch sales ban

The Apple Watch Ultra 2 is seen as people lined up to buy the newly launched iPhone 15 and other Apple products at an Apple store in Palo Alto, California, on Sept. 22, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Apple has lost a bid to delay an impending Apple Watch import ban, … Read more

Apple makes surprise decision to pause some Watch sales before Christmas

Apple will pause U.S. sales of two of the latest versions of its Apple Watches due to an intellectual property dispute over their Blood Oxygen feature, the company said. The decision stems from two orders issued by the U.S. International Trade Commission on Oct. 26, which would restrict Apple’s ability to sell products that use … Read more