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Search resuls for: "International Trade Commission"


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Sonos last year won a limited import ban on some Google devices from the ITC, which Google has appealed. Google has countered with its own patent lawsuits in California and at the ITC, accusing Sonos of incorporating the tech company's technology into its smart speakers. The jury found Google infringed one of Sonos' two patents at issue in the trial. A Google spokesperson said on Friday the case was a "narrow dispute about some very specific features that are not commonly used," and that the company was considering its next steps. A Sonos spokesperson said the verdict "re-affirms that Google is a serial infringer of our patent portfolio."
Sonos alleges Google infringed two of its patents related to multi-room wireless audio. Google spokesperson Jose Castaneda said the case relates to "some very specific features that are not commonly used," and that Sonos "mischaracterized our partnership and technology." Sonos first sued Google for patent infringement in Los Angeles and at the U.S. International Trade Commission in 2020, accusing the tech giant of copying its technology during their collaboration. Sonos won a limited import ban on some Google devices from the ITC last year, which Google has appealed. Google has countered with its own patent lawsuits in California and at the ITC.
Peloton 's shares plummeted Thursday after the company reported a wider-than-expected loss in the fiscal third quarter and acknowledged an uncertain economic backdrop. The fitness company has sought to stabilize its business and find a path to profitability again, after seeing a sharp reversal of fortunes. The company ended its third quarter with about 3.1 million connected fitness subscriptions, up 5% from the year-ago period. Average net monthly connected fitness churn ticked up slightly from a year ago, too. In the fiscal fourth quarter, Peloton expects connected fitness subscriptions to rise, but revenue to drop.
Google spokesperson José Castañeda said in a statement the company appreciated the decision to invalidate one of Sonos' patents and that Sonos "misrepresented our partnership and mischaracterized our technology." Sonos accused Google in the San Francisco case of infringing four patents related to multi-room wireless speaker technology. Alsup found Thursday that a second Sonos patent was also invalid, but rejected Google's request to cancel the remaining two patents before trial. The judge also said Google did not infringe one of the surviving patents willfully, reducing Sonos' potential damages. Alsup also said he would hold a separate bench trial after the jury trial to determine whether Google's redesigned speakers infringe Sonos' patents.
Lidar technology is used for 3D mapping, navigation and object detection in various high-tech industries. Ouster's complaints said Hesai incorporated its digital lidar technology into the Shanghai-based company's sensors. Ouster accused Hesai's sensors of infringing five patents covering core aspects of its digital lidar technology. It asked the Delaware court for an unspecified amount of money damages and the ITC to bar imports of infringing Hesai products. Hesai settled a patent dispute with San Jose, California-based Velodyne Lidar Inc in 2020.
March 21 (Reuters) - The U.S. International Trade Commission said on Tuesday it would ban imports of SharkNinja Operating LLC robot vacuums that infringe a patent owned by Roomba maker iRobot Corp (IRBT.O). The full commission upheld part of a trade judge's October decision that SharkNinja violated two of its rival's patents, affirming that SharkNinja's devices mimicked iRobot navigation technology. Bedford, Massachusetts-based iRobot filed the ITC complaint in 2021 along with a lawsuit against SharkNinja in Boston federal court. Another patent lawsuit iRobot brought against SharkNinja in 2019 has also been paused during related proceedings at the U.S. Patent and Trademark Office. The ITC case is In the Matter of Certain Robotic Floor Cleaning Devices and Components Thereof, U.S. International Trade Commission, No.
Silvergate Capital — The crypto lender's stock sank 23% after the company announced it will wind down operations and liquidate Silvergate Bank. Revenue came in at $150.2 million, topping the $145 million expected. CEO Dustin Moskovitz also said he was buying 30 million shares. Revenue came in at $103.5 million compared to the $101.7 million expected. Adjusted earnings per share came in 1 cent ahead of estimates at 18 cents.
In a 2021 complaint filed with the ITC, Dish and its Sling TV unit accused Peloton and iFit of infringing four patents for video-streaming technology through imports of products that stream at-home fitness content. President Joe Biden's administration has 60 days to review the import ban before it takes effect, though presidents rarely reverse such actions. Cheney found that the Peloton, Lululemon and iFit streaming-capable products infringed patents related to Dish's Hopper set-top boxes. Dish said its patents covered adaptive bitrate streaming technology that lets users stream content from around the world in real time "at the highest possible quality". The technology was developed by Move Networks Inc and was acquired by Dish in 2012, according to court papers.
An AliveCor spokesperson said the office of the U.S. Trade Representative told the company it would not veto the decision. Any ITC ban is still on hold while Apple and AliveCor continue to clash over the patents. AliveCor accused Apple of infringing three patents related to its KardiaBand, an Apple Watch accessory that monitors a user's heart rate, detects irregularities and performs an electrocardiogram to identify heart problems like atrial fibrillation. Apple Watch Series 4, 5, 6, 7, and 8 have ECG technology. AliveCor has separately sued Apple in California federal court for allegedly monopolizing the U.S. market for Apple Watch heart-rate apps, and filed a related patent infringement lawsuit against Apple in Texas federal court.
New York CNN —A new report about tariffs on underwear finds that when it comes to tax rates, women are getting shorts-changed. The average US tariff rate on women’s undergarments is 15.5%, compared to just 11.5% for men’s. “Worst Valentine’s Day surprise ever,” wrote Gresser in his report, as he estimated that the current US tariff system adds about $1.10 to each pair of women’s underwear and about $0.75 to men’s. “America is unique in taxing women’s underwear more heavily than men’s,” Gresser wrote, although the US tariff rates as a whole fall roughly in line with international counterparts. A study from the US International Trade Commission found that across all apparel products, two-thirds of the total tariff burden comes from women’s apparel products.
Companies Apple Inc FollowMasimo Corp FollowJan 10 (Reuters) - A U.S. judge ruled that Apple (AAPL.O) had infringed on one of Masimo Corp's (MASI.O) pulse oximeter patents by importing and selling certain Apple Watches with light-based pulse oximetry functionality and components, Masimo said on Tuesday. The United States International Trade Commission (USITC) will now consider whether to implement an import ban on these Apple Watches, the medical device maker said. Reporting by Rahat Sandhu and Shivani Tanna in Bengaluru; Editing by Janane VenkatramanOur Standards: The Thomson Reuters Trust Principles.
Dec 22 (Reuters) - Apple Inc's (AAPL.O) Apple Watches with an electrocardiogram (ECG) function infringe patents belonging to medical device maker AliveCor Inc, the U.S. International Trade Commission affirmed on Thursday. Apple said in a statement that it "firmly" disagreed with the ITC decision but was pleased that the import ban was paused. AliveCor told the ITC last year that Apple copied its technology starting in Series 4 Apple Watches and drove AliveCor out of the market by making its operating system incompatible with the KardiaBand. The USPTO's Patent Trial and Appeal Board declared the AliveCor patents invalid at Apple's request in a related case on Dec. 6. AliveCor has separately sued Apple in California federal court for allegedly monopolizing the U.S. market for Apple Watch heart-rate monitoring apps, and has filed a related patent-infringement lawsuit against Apple in Texas federal court.
A plant worker uses a crane to lift a cask of molten aluminum a Century Aluminum Company plant in Hawesville, Ky. in 2017. Of the five remaining facilities, only the Century Aluminum Sebree plant in Robards, which employs 625 workers, and a smaller Alcoa plant in Massena, New York, run at full capacity. Phillip McKenna/NBC NewsSteinsen, of Century Aluminum, said the company has no plans to shut down its Sebree facility in Robards. In 2015, when the U.S. aluminum production was in steep decline, the EPA ended its industry partnership. In 2019, 7,510 metric tons of PFCs were emitted from global aluminum production, according to a study published last year in the Journal of Geophysical Research — Atmospheres.
In written testimony submitted to the U.S. International Trade Commission in 2017, Century Aluminum executives said aluminum producers were being "decimated" by "unfair practices of Chinese aluminum producers." "The continued viability of the aluminum industry outside of China, and especially in the United States, is dependent upon a prompt and effective solution to China's overcapacity and overproduction." Steinsen, of Century Aluminum, said the company has no plans to shut down its Sebree facility in Robards. A spokesperson for the agency said, "EPA continues to track facility specific emissions from the aluminum industry through the Greenhouse Gas Reporting Program." In 2019, 7,510 metric tons of PFCs were emitted from global aluminum production, according to a study published last year in the Journal of Geophysical Research — Atmospheres.
Lidar makers Ouster and Velodyne agree to merge
  + stars: | 2022-11-07 | by ( John Rosevear | ) www.cnbc.com   time to read: +4 min
Lidar makers Ouster and Velodyne have agreed to merge, combining roughly $400 million in market value. Lidar sensors are considered important components of nearly all autonomous-vehicle systems currently under development, and are finding increasing applications with advanced driver-assist systems as well as other areas of robotics. "We all knew that there is a need for consolidation in the market," Pacala told CNBC. Between them, Ouster and Velodyne had a combined $355 million in cash as of September 30, Pacala said. But as newer rivals with solid-state lidar sensors — including Ouster, founded in 2015 — entered the automotive space, the early leader fell behind.
WASHINGTON, Oct 14 (Reuters) - U.S. regulators will investigate units of Samsung (005930.KS), Qualcomm (QCOM.O) and Taiwan Semiconductor Manufacturing Co. (2330.TW) (TSMC) over certain semiconductor devices and integrated circuits and mobile devices using those components, the U.S. International Trade Commission said on Friday. The USITC will probe certain semiconductors manufactured by Samsung and TSMC, and certain integrated circuits from Samsung and Qualcomm following a complaint filed last month by New York-based Daedalus Prime LLC, it said in statements following voted to take up the probes. Register now for FREE unlimited access to Reuters.com RegisterReporting by Susan Heavey; Editing by Doina ChiacuOur Standards: The Thomson Reuters Trust Principles.
Analyst Matthew Harrison's price target of $851 implies 20% upside from Thursday's close. Regeneron is already trading above its average analyst price target, according to FactSet. Still, SolarEdge has 17.5% upside, according to the average price target. Lastly, Norwegian Cruise Line Holdings rallied 11% so far this week and it has another 17.5% upside to the average analyst price target, according to FactSet. On Monday, Stifel analyst Steven Wieczynski reiterated his $26 price target , which suggests 82% upside from Thursday's close.
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