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What’s the Deel with Remofirst, and why are VCs playing musical chairs?
Listen here or wherever you get your podcasts.
Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our Friday episode, in which we dig through the most critical stories and themes from the week.
Today on the pod, Mary Ann and Alex dug into a whole mess of news, including:We have an interview coming out tomorrow that we’re stoked about, and will be back on Monday.
Astrobotic’s lunar lander will be reentering Earth’s atmosphere over a remote part of the South Pacific Ocean tomorrow afternoon, bringing to a close the failed moon landing mission.
Pittsburgh-based Astrobotic has been providing frequent updates on the Peregrine lunar lander since it launched on United Launch Alliance’s Vulcan Centaur on January 8.
The source of the anomaly was an ongoing propellant leak, which were preventing Peregrine from pointing its solar arrays at the sun.
But by the time it reenters the atmosphere tomorrow, Peregrine will have operated in space for over ten days.
Due to the propellant leak, Astrobotic said it had devised a two-step process to maneuver the spacecraft to the projected trajectory for reentry.
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.
The Watch Series 9 and Watch Ultra 2 are on sale at Apple brick and mortar locations starting today and will hit the company’s online store tomorrow.
Apple notes, “We are thrilled to return the full Apple Watch lineup to customers in time for the new year.
A day after an Apple Watch import ban went into effect in the U.S., an appeals court has instituted a pause.
However, the Apple Watch Series 9 and Watch Ultra 2 remain unavailable on the company’s site nearly a week after initially being pulled.
Masimo has also accused Apple of poaching Masimo employees to build the blood oxygen sensor, which first arrived in 2020 with the Watch Series 6.
The Holmes case has stirred up a lot of controversy. Many people are criticizing her for hubris and for not taking her business more seriously. Others believe that she was…
