Masimo (MASI) announced that a jury in the U.S. District Court for the Central District of California has confirmed the validity of Masimo Patent No. 10,433,776, found Apple to have infringed the patent, and awarded Masimo $634 million in damages.
In response to the verdict, Masimo stated: ".. This is a significant win in our ongoing efforts to protect our innovations and intellectual property, which is crucial to our ability to develop technology that benefits patients. We remain committed to defending our IP rights moving forward."
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.