A U.S. appeals court on Friday upheld two earlier decisions by a patent tribunal that favored Masimo in its intellectual property dispute with Apple over blood oxygen sensors in newer Apple Watch models. The decisions by the Court of Appeals for the Federal Circuit concern findings by the Patent and Trademark Office and come as Apple...
Citigroup on Friday reported a $1.8 billion loss for the fourth quarter as it recorded charges to refill a government deposit insurance fund and carry out a sweeping internal reorganization. CEO Jane Fraser called the results "very disappointing," but expects this year to be a turning point. "We made substantial progress simplifying Citi and executing our strategy...
JOHOR BARU: Malaysia and Singapore are looking into implementing passport-free QR code clearance at their land checkpoints to support the Johor-Singapore Special Economic Zone (JS-SEZ). In a joint statement after signing the JS-SEZ memorandum of understanding (MOU) yesterday, Economic Minister Rafizi Ramli and Singapore’s Trade and Industry Minister Gan Kim Yong said the two countries are...
GANDHINAGAR, India : Indian data centre operator Yotta's plans to purchase more AI chips from its partner Nvidia will be worth $500 million, taking its total order book with the U.S. firm to $1 billion as Yotta beefs up AI cloud services, its chief executive told Reuters. Yotta said last month that it would place an order for...
Netflix's ad-supported tier has reached more than 23 million global active users per month, the Variety magazine reported on Wednesday, quoting the streaming giant's advertising chief Amy Reinhard. The ad tier plan was launched in November 2022 in 12 markets, including the United States, to attract more customers and add a new revenue stream as competition...
BANGKOK : Thai consumer confidence rose in December, reaching the highest level in 46 months, boosted by government measures to ease living costs and increased tourism, a survey showed on Thursday. The consumer index of the University of the Thai Chamber of Commerce increased to 62.0 in December from 60.9 the previous month, the university said...
Alphabet's Google said on Wednesday it is laying off hundreds of people working on its voice-activated Google Assistant software and is eliminating a similar number of roles in the company's Devices and Services team. The layoffs at Google Assistant, first reported by news platform Semafor, are a part of organizational changes that have been in place...
Tesla on Wednesday launched the restyled version of its Model 3 sedan in North America and kept the prices unchanged, according to the company's website and a post on X. The electric car maker has removed the most expensive version of the Model 3, the "performance" variant, from its North American websites, and now only lists...
KOTA KINABALU: Sabah has secured another RM300mil investment from SK Group, the second-largest conglomerate in South Korea. “This comes after SK Nexilis (as part of SK Group’s electric vehicle value chain) invested RM4.2bil to construct the world's largest copper foil manufacturing plant in Sabah (since 2021),” said state Industrial Development and Entrepreneurship Minister Phoong Jin Zhe...
