News Snapshot:
A US appeals court has ruled that Apple cannot sell the Series 9 and Ultra 2 Apple Watch models in the US due to an ongoing legal battle with medical technology company Masimo over patents related to a blood oxygen measurement feature. The court decision, which could extend for a year, may lead Apple to disable the disputed feature during this period to comply with the ban and continue selling the watches. Following the ruling, Apple’s shares closed 0.5 per cent lower at $182.68. The court specified that Apple is prohibited from importing the affected watches starting at 5PM ET...