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Google Nest Hub products don’t infringe Profectus Technology patent Relevant parts of patent are invalid, jury found Profectus previously lost cases against Apple, Samsung, others The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. (Reuters) – A jury in Waco, Texas found Wednesday… Source link

FREMONT, CA – SEPTEMBER 29: Tesla CEO Elon Musk speaks during an event to launch the new Tesla Model X Crossover SUV on September 29, 2015 in Fremont, California. (Photo by Justin Sullivan/Getty Images) A California jury’s $137 million verdict against Tesla (TSLA) in a racial discrimination case brought by a Black contract worker is notable for its size and because it was a rare employment grievance that played out in public court rather than in a closed-doors arbitration. “The verdict is… Source link

Democrats in Congress are arguing among themselves about whether to pass a massive spending bill, or merely a large one. They should listen to voters, who are pointing the way. A new Morning Consult poll asked voters what they think of the child tax credit Democrats expanded as part of the American Rescue Plan Congress passed in March. That law sharply increased the credit for most families with kids under 18, while also eliminating a work requirement for eligibility. Low-income families that… Source link

Following Facebook (FB) whistleblower Frances Haugen’s testimony before the Senate Commerce Subcommittee on Consumer Protection and an outage that prevented users from accessing services, the company’s shares began trading around 3% lower from the previous week on Wednesday.  According to Fitz-Gerald Group Chief Investment Officer Keith Fitz-Gerald, however, Facebook stock might not be as resilient as it has been amid other controversies.  “[Fitz-Gerald Group is] very keen to invest in… Source link

Concerns over commodities inflation and slowing consumption by shoppers has led to consumer staples stocks really being out of favor among investors right now.  The share of consumer staples within the S&P 500 has plunged below 6% for only the second time in 30 years, according to a note from Sundial Capital Research. Researchers at Sundial say the decline reflects lagging stock prices and shrinking market caps among consumer staples, and more upbeat trading in other S&P 500 sectors.  “So… Source link

When in doubt, pick the same stocks that lawmakers’ spouses are buying? That’s what young investors are doing when it comes to trades made by House Speaker Nancy Pelosi’s husband, Paul Pelosi, a businessman who owns a real estate and venture capital firm. Though Nancy Pelosi herself doesn’t trade stocks, her husband does. And that’s enough for some social traders, who see his trades as hers. “We’ve been tracking their performance and every single stock she has bought in the last two years has… Source link

Yandex has released a new version of its smart speaker Yandex.Station Mini and a streaming media player Yandex.Module. The smallest in a range of the company’s smart speakers with AI-based virtual assistant Alice now features a more powerful sound system and an LED screen. The media streamer, which is compatible with any TV, lets viewers choose from thousands of movies, TV series, internet videos and TV channels and watch them on their television screen. When used together,… Source link

The 10th anniversary of the death of legendary Apple (AAPL) CEO Steve Jobs on Tuesday brought a memorial from the company and a note of remembrance from current CEO Tim Cook.  The day also saw the release of a new business memoir entitled, “Play Nice But Win,” from Dell Technologies (DELL) Chairman and CEO Michael Dell, a longtime rival of Jobs in the high-profile and high-stakes battle between the PC and the Mac. But the competition hasn’t stopped Dell from admiring Jobs. In a new interview,… Source link

Michael Short/Bloomberg via Getty Images Around a dozen Google engineers are helping Swedish start-up Normative to build a new carbon emissions tracker. The emission counting software is designed to help businesses calculate their environmental footprint. It does this by analyzing all the transactions in a company’s accounting systems, including energy bills, business travel, raw material purchases and many other small items that businesses would often ignore. “Essentially what gets measured… Source link

The stock market’s volatile start to the fourth quarter has some investors wondering if it’s a scene setter for a proper bear market later this year. A growing number of Wall Street banks have said the equity market looks vulnerable. Morgan Stanley recently said it sees growing risk of a 20% drop in the S&P 500 as evidence starts to point to weaker growth and falling consumer confidence. So far in October, stocks have swung between steep gains and losses while the so-called fear gauge, the… Source link