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WSJ Tech News Briefing

TNB Tech Minute: Apple to Halt Watch Sales to Comply With Import Ban

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 18 December 2023

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: Elon Musk’s social media platform faces European probe over illegal content. And Nikola founder Trevor Milton gets four years in prison for fraud. Danny Lewis hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is Samsung S23 FE's greatest hits with hits such as super fast processing speed

0:06.5

and spectacular camera.

0:10.5

The new phone with all the greatest hits from 599 pounds.

0:17.0

Buy the Galaxy S23 FE to claim 294 pounds worth of rewards including 100 pounds cashback

0:23.4

purchase from a participating retailer by the 25th of Jan 24

0:26.3

claim cashback within 30 days of purchase

0:27.9

tease and sees applied Samsung. com pricing shown

0:30.1

Here's your tn b tech for Monday, December 18th. I'm Danny Lewis for the Wall Street Journal.

0:38.0

Apple will halt sales of two models of its smart watch this week in order to comply with an import ban to the U.S.

0:45.3

The International Trade Commission issued the ban after ruling that the tech giant violated

0:49.5

patents related to a blood oxygen sensor included in some versions of the device.

0:55.0

Apple says it will pause online sales of the Apple Watch Series 9 and Ultra 2 models on December 21st

1:01.0

and in retail stores after December 24th.

1:04.8

The company says it strongly disagrees with the order and is pursuing legal and technical

1:09.0

options.

1:10.3

The Biden administration has until Christmas Day to overturn the ban as part of the Commission review process.

1:16.0

Trevor Milton, the founder of Electric Truck Company, Nicola, has been sentenced to four years in prison for defrauding investors.

1:23.7

Milton was convicted last year on several fraud charges with witnesses saying he lied to ordinary

1:29.1

investors about almost every aspect of the company, including that Nikola's prototype truck was

1:34.4

driveable when it was not, and that the company had a long list of orders, which it

1:38.8

also did not. And the European Commission is opening a formal probe into whether Elon Musk's social media platform X,

1:47.0

formerly known as Twitter, violated the EU's new online content law.

...

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