this post was submitted on 20 Dec 2023
98 points (94.5% liked)
Technology
59979 readers
3659 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I wasn't aware that they actually LOST the case, just that it was "disputed". Wow.
Pulse oximeters retail for about $20, they couldn't just settle? Offer them back $10 to $15 per watch sold?
I believe the company didn’t want to license or settle because they are producing their own smart watch, but I don’t remember where I read that.
I wonder if they're a publicly traded company. Given the choice between this company trying to compete in the marketplace against Apple versus a guaranteed revenue stream from licensing and royalty fees (and likely a lucrative one at that), I'm pretty sure I know which the shareholders would pick. If this company ends up doing the former and going under, I can just smell the shareholder lawsuit that would ensue.
They are public, NASDAQ: MASI
Stock price $116.75, YTD down 20.05%