they just have to pay masimo. masimo has the intellectual property. ed: a lot going on with apple with shares of 3%. thank you. coming up, we will take a look at the macro picture for technology stocks. maybe we'll talk about bitcoin. jay jacobs from blackrock is coming up next. we are watching shares of tsmc. it -- expects a return to solid growth. it raise capital spending in 2024, suggesting it anticipates a recovery in and markets like smartphone and computing. the main chipmaker for apple and nvidia is budgeting capx at $28 billion and a jump from last year. much more to come on that story. this is "bloomberg technology." ♪ how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. that first time you take a step back. i made that. with your very own online store. i sold that. and you can manage it all in one place. i built this. and it was easy, with a partner that puts you first. go

since the itc's ruling, masimo shares have spiked 55%, so what is masimo's next move?usive, masimo founder and ceo joe kiani. apple says it's nixing the intellectual property in question, and u.s. customs and border protection agency says that's good enough for them to allow the watches to be imported again. is your patent battle with apple now over? >> i wish -- [laughter] normally, when you get an injunction, it is over. but i still haven't got a call from tim cook. but thanks for having me on your program, liz. it's great to see you again. liz: great to see you too. so let's be clear, no one from apple has given you a call at all. finish. >> that's correct. liz: and so here's my next question. in what form would the knecht step take? -- knecht step -- next step take? have i now modeled for how many -- you modeled for how many watches able was -- apple was able to sell before the ban? >> we don't have the numbers, but as you recall, a few days before the ban was supposed to take effect, apple vonnen todayly -- voluntarily announced they were going to take the watches

the dispute claims the blood oxygen sensor in the watch models infringe on masimo's patents.ision will allow them to retain sales while the company works to resolve the patent challenges. meta platform sheryl sandberg says after 12 years on the board of directors, she will be stepping down. this comes less than two years after she chose to exit her role as the company's chief operating officer. sandberg said in a facebook post that she feels met his business is strong and well positioned for the future, and therefore she feels like this is the right time to step away. she also added going forward, she would serve as an advisor to the company. her time on the company's board will end in may. ceo mark zuckerberg thanked her for her extraordinary contribution to meta. >> well, nice day today with some mild temperatures tomorrow, some more clouds headed our way and eventually we are talking about multiple storms and some heavy rain in the bay area forecast. we'll have the update coming up. let's go to ktvu. >> alex savidge now with a look at some of the stories we are working on

app store practices, if you see more companies going after apple in patent litigation like you saw masimoat amount of success, there is some risk. on the other hand, you have to remember the strength of apple and the underlying business even if they are not continuing to grow. the iphone is still going to sell a certain number of units per year. they're still going to sell a certain number of ipads and a max per year. i don't anticipate a big decline in fiscal year 24. . you're probably going to see growth in line to the year prior. . given the numbers they are bringing in, three to 400 billion in revenue, i think there is a lot of strength. i would say it is difficult to bet against apple. i would say traditionally anyone who has put a sell rating on apple did not do too well. jon: i think 13 of the last seven years have been positive for apple's stock. bloomberg's mark gurman on the apple story. when we come back, we will have more on the news of the resignation of harvard's president. stay with us. this is bloomberg. ♪ the first time you connected your godaddy website and your store wa

shot out masimo head there, head football coach and athletic director over their friend to kron 4. so it will be interesting to see how that goes. all right. jason, thank you, man. you got your work cut out for you. is the busiest fund all right. with the lunar new year is on saturday, february 10th in the bay. area's going to be ushering in the year of the dragon and a lot of different ways. but one of those is going to be at the oakland museum today. kron 4 spoke with a senior director at the museum and she says this event is for all ages. >> we are excited to usher in the year of the track in. this is our 23rd annual dinner. new year celebration. it is a fun family friendly day 4 of performances hands-on activities, food vendors and more. >> fun event to enjoy. well, that's going to do it for us here at 11 o'clock. but you can always get the latest on our website. kron 4 dot com and on the kron. 4 news app. (upbeat music) and on the kron. 4 news app. have a good night.

appeals court lifted the stay on the sales ban allowing masimo to prevail in the lawsuit modified versions of the watches go on sale today. >>> thank you, silvana the major averages finishing in the red. the recent data is making investors rethink the idea of the fed cutting rates in march traders are pricing in a 59% chance of a .25% move and from 70% from a week ago. speaking to cnbc at the davos world economic forum yesterday, both ceos remain cautious. >> we made progress on inflation. depending on the progress moves from here, that will stall the direction of policy. i think it is hard for me to see the market view of seven cuts this year. you know, i do think there is a reasonable possibility of some interest rate cuts and easing. it will be dependent on the data and how the economytransits. >> i think it is a mistake to assume everything is honky dory. when stock markets are up, it is a drug we feel which is all great. we had fiscal stimulation. i'm on the question side that we are facing things. >> let's bring in vance howard >> good morning, frank >> i want to ask do you agree wit

masimo has been locked in a feud with apple over the technology. saying that u.s.toms and border protection approved the move last week, which would allow apple to keep its watches on the market. sticking with technology. elon musk says he would prefer to have greater control of tesla before building out its ai and robotics capabilities. in a post on x, the tesla chief executive said he would be uncomfortable growing the automaker into an ai leader without at least 25% of voting rights. musk currently owns about 12% of tesla stock. we will bring you live coverage from the world economic forum in davos all week, where tech will be front and center. let me bring you some of the conversation you can look forward to. 7:30 a.m. london time, we will hear from microsoft ceo satya nadella, among a slew of other names. on the markets today program at 8:10 a.m. u.k. time, an interview with charlie nunn, lloyds banking group ceo. and don't miss our interview with the deutsche bank cfo at 9 a.m. u.k. time. francine as well speaking to be ukraine's first of deputy minister of t

after regulators ruled it was patent infringed on technology company masimo. >> a new report revealsat the world could see its first trillionaire within the next ten years. anti-poverty group oxfam says based on data from forbes, the five wealthiest people have doubled their wealth since 2020. tesla ceo elon musk sits at the top of the list, with nearly $250 billion as of last november. the list also includes amazon founder jeff bezos and berkshire hathaway ceo warren buffett. this while 5 billion people worldwide have become poorer due to factors such as war and inflation, oxfam representatives say the next decade could further increase the level of inequality. to have a trillion is unimaginable. >> bill, and i would say it's very important to underscore that it's a massive policy and political failure of the economic system that we have created. >> oxfam predicts that while we will have a trillionaire within a decade's time where as to fight poverty, we need more than 200 years. >> coming up, exactly how contagious is covid these days, and why is it that some people can avoid catch

into the us after regular regulators ruled that it was patent infringement on technology company masimols that the world could see its first trillionaire within the next ten years. anti-poverty group oxfam says that based on data from forbes, the five wealthiest people have doubled their wealth since 2020. tesla ceo elon musk is at the top of the list, with nearly $250 billion as of november. now, the list also includes amazon founder jeff bezos and berkshire hathaway ceo warren buffett. meanwhile, 5 billion people worldwide have become poorer because of issues like war and inflation, an oxfam representatives say that the next decade could further increase the high level of inequality. >> to have a trillion is unimaginable, and i would say it's very important to underscore that it's a massive policy and political failure of the economic system that we have created. >> oxfam predicts that while we will have a trillionaire within a decade, it would take more than 200 years to overcome poverty. next, at 630, a local librarian going viral meet the man who is sharing his love of books on soc

masimo corp says the u.s.roved the move last week which would allow apple to keep its watches on the market. shares of this company sank the most in over a year in hong kong despite the company deny, or linking it to chinese military research. the south china post it could expose it to tensions. the issue comes at a difficult time for baidu which already faces an increasingly challenging outlook, especially in its core search engine business. bloomberg has learned that china's aviation regulator is delaying the restart of 737 max deliveries. the decision was made after boeing recommended inspections in late december, not related to the recent alaska airlines blowout. separately, boeing says it will keep up inspections of aircraft during production, and open its factories to airline customers as it moves to quell concerns. annabelle: we are just minutes away from the start of the 2024 election cycle. it's underway to a degree, but it is really that big focus on the iowa caucus that is kicking off in under five

whose phone dropped out of -- >> no, the actual engineers who did this i've got to deal with the masimoho is so busy ripping off the blood pressure thing he got away with. >> find the engineers that allowed the phone to be dropped from 16,000 feet. >> i want to tell the analysts who are saying china is going to kill it, i want to ask do they know the country in population size after the u.s., how well it's doing for apple who is it, david, next biggest country where apple is crushing it that we'll all be talking about? >> india. >> no. >> indonesia. >> indonesia. >>> scotus declined to hear th epic suit. we have that as well watch bonds this morning we have a dip in yields after the empire print down to 412 we bounce back to 4.02 don't forget waller's speech at 11:00 a.m. eastern interesting piece about the fed tiptoeing toward dialing back qt we or back in a moment oh no, a rash. maybe it'll go away. awww, how am i going to find a doctor i'll actually like? is that a qr code? dr. stafford makes you feel at ease. thanks rash! you've got more options than you know. book now. we planned w

import ban went into effect after the october ruling by the trade agency finding apple hviolated the masimo operations tool. it will remove the blood oxygen sensors. unclear how much that will impact the watch sales it is one component of why people buy those watches >>> apple offering a discount of the watch in china right in time for the week long lunar new year holiday on february 10th the traditional time of gift giving in china. >> who wants to know their oxygen level i would think it is mostly for people of a certain demo they don't buy apple watches in the first place? >> you have people who have been buying the watches for the health products. >> i have never -- >> my mom bought one. >> i would not notice removing that feature from my watch >> she didn't buy it for that reason. >> this is supposed to compete with garmin. >> what do you need your blood oxygen it seems maybe if you have a certain medical issue. >> tim cook has been looking at the health aspects of the watch as the future. it is a setback. >> can they correct it if they don't have the patent? >> do you wear one >> wear

international trade commission ruled it violated medical device company masimo's patents.culating the changes could be made, but a software update in today's dollars and cents. >> wal-mart is trying to stop gift card theft by switching to its own redemption technology. now, the company's new high tech system is designed to detect and intercept similar fraudulent transactions. the intercepted funds are then transferred to an escrow account. federal agencies like the u.s. secret service and department of justice could then help return the funds. walmart says it has returned $4 million to customers so far. well, a new study shows 11% of all restaurants in the u.s. serve mexican food, and i'm glad. yes. me too. >> now, pew researchers say a surprising 85% of counties in the u.s. have at least one mexican restaurant, and even restaurants that don't specialize in mexican food have some form of it on their everyday menu. researchers say that shows just how much influence from our neighbor to the south it influence. it has in us culture. a la times food critic says he's found more