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WSJ Tech News Briefing

TNB Tech Minute: Apple Loses Attempt to Delay Smartwatch Ban

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.31.7K Ratings

🗓️ 17 January 2024

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Software developers are outraged at Apple’s new App Store payment policies. And Hyundai Motor sells a factory in China. Alex Ossola hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Is your bank at home in three markets or 53?

0:05.0

With on-the-ground specialists in over 50 markets,

0:09.0

HSBC UK has been voted the leading bank for trade for the last seven years so let us help

0:14.5

you navigate international business like a local search H.S.C. International

0:19.4

Bank to find out more. H.S.B.C. UK, opening up a world of opportunity.

0:24.5

Voted the UK's Best Trade Finance Bank for seven consecutive years by Euromoney UK Trade Finance

0:29.1

Survey 2023.

0:30.1

Here's your TMB Tech Minute for Wednesday, January 17th. I'm Alex Oscela for the Wall Street Journal.

0:38.0

Apple has lost its attempt to delay the implementation of a U.S. import ban of its smart watches

0:44.7

while the company appeals of federal trade ruling.

0:47.5

The U.S. Court of Appeals for the Federal Circuit lifted an interim stay of a ruling that said that

0:52.0

Apple had violated the patents of a competitor.

0:55.0

Apple had earlier revealed plans to disable blood oxygen measurement technology in some models of the device in order to continue US sales. The Trade Agency's order is set to go back into effect tomorrow.

1:06.0

Apple didn't immediately respond to a request for comment.

1:10.0

In other Apple news, the company's new App Store payment policies are stirring outrage among software developers.

1:16.4

After the US Supreme Court declined to hear appeals of an antitrust ruling yesterday,

1:20.9

Apple issued new policies that require developers to pay it a 27% commission

1:26.0

if they use an alternative payment method.

1:28.0

It's a policy similar to those the company has in the Netherlands and South Korea in response to legal rulings. But software

1:34.9

developers say Apple is skirting the intention of a court ruling. And Hyundai Motor

1:40.5

sold a factory in Chong Ching China for less than half the amount it initially sought.

1:45.8

Yu-Fu Industrial Complex Construction, a local government-backed entity,

...

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