Apple Watch Series 9 and Apple Watch Ultra 2 sales will be halted again in the U.S. starting at 5 PM tomorrow, January 18, due to the rejection of a bid by Apple to have the sales ban paused throughout its appeal of an ITC decision that found its blood oxygen feature infringe on patents by medical tech company Masimo.
Meanwhile, Apple has another route available to avoid a halt: U.S. Customs said earlier in the week that it would consider a software update that disabled Apple Watch blood oxygen sensing features to put the devices beyond the scope of the ITC ban, which means the company could effectively keep selling them if it pushes a firmware update to turn off all the pulse oximetry stuff.
Apple’s appeal will still continue, however, and this doesn’t mean they won’t eventually win that, which would allow for a resumption of sale with the blood oxygen features included.
It’ll be interesting to see what happens tomorrow when that 5 PM ET deadline hits.
For those keeping track, this means the current Apple Watch models have now been removed from sale, resumed sales, and are pending another sales stoppage, all in under a month.
ZestMoney, the Goldman Sachs-backed Indian fintech startup once valued at $450 million, has sold itself to financial services firm DMI Group, the two said late Wednesday, in a fire sale that caps 12 tumultuous months for the once-hot new age lender.
In a statement, DMI Group said the deal grants it with the exclusive right to the use of all Zest brands and make the NBFC arm DMI Finance a preferred lender on the Zest platform.
“DMI will also bring its customer base, balance-sheet strength and significant risk-management experience to drive growth across Zest’s online and offline merchant network,” DMI said in a statement.
ZestMoney founders quit the startup in May last year after acquisition talks with fintech giant PhonePe didn’t materialize.
We firmly believe that this acquisition will be an important step in our journey to provide digital financial inclusion at scale across India.”
Apple this morning confirmed that the Vision Pro will be available in the U.S. starting February 2.
Pre-orders for the $3,500 spatial computing device open Friday January 19 at 5AM PT.
“Apple Vision Pro is the most advanced consumer electronics device ever created.
How many bespoke Vision Pro apps will be available when the device launches in little under a month, however, remains to be seen.
Apple notes, “Players can access games on the App Store, including more than 250 titles on Apple Arcade.
Superpedestrian, the e-scooter startup known for its self-diagnostic software, is shutting down its U.S.-based shared scooter operation and exploring a sale of its European business, TechCrunch has exclusively learned.
The company’s director of US operations, Alexander Berg, confirmed the news to his team Friday afternoon on a Zoom call.
Superpedestrian itself has gone through a series of layoffs, including one just months after closing its Series C round.
Superpedestrian used technology, and specifically diagnostic and safety software, to differentiate it from rivals like Bird and Tier.
Superpedestrian had planned to build and roll out new scooters equipped with its branded Pedestrian Defense to 25 cities across the United States and Europe in 2022.
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