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Apple stops selling its latest smartwatches after losing a patent case against a competitor, saying “Even the most powerful company in the world must follow the law” – Fortune

March 31, 2026 by istri

Apple will stop selling the latest versions of its smartwatch in the US due to a patent dispute and pull some of its best-selling devices from the market during the busy holiday season. Sales of the Apple Watch Series 9 and Ultra 2 will stop on December 21 at the company’s online store and at … [Read more…]

Posted in: Business Tagged: Apple, Case, company, competitor, follow, Fortune, latest, law, losing, patent, powerful, selling, smartwatches, Stops, World

Elon Musk's SpaceX is now valued at $175 billion in the private market – that's more than any IPO valuation in history – Fortune

August 27, 2025 by istri

SpaceX owner and Tesla CEO Elon Musk at the Axel Springer Awards ceremony on December 1, 2020 in Berlin. Hannibal Hanschke – Getty Images Elon Musk’s X may be on the rise, but another company owned by the billionaire is on its way to reaching dizzying heights. Musk is in talks to sell $500 million … [Read more…]

Posted in: Business Tagged: billion, Elon, Fortune, history, IPO, market, Musk039s, Private, SpaceX, that039s, valuation, valued

Walmart customers behave so strangely that their bosses “sit” – Fortune

August 20, 2025 by istri

Doug McMillon, president and CEO of Walmart, said individuals are opting for bargains. Derek White – Getty Images for Operation HOPE, Inc. The current economic climate has understandably confused consumers, and it appears that major business leaders are equally confused about consumer trends. US spending forecasts for the remainder of 2023 and into 2024 vary … [Read more…]

Posted in: Business Tagged: behave, bosses, customers, Fortune, sit, strangely, Walmart

Elon Musk dismissed hybrids as a “phase,” while Toyota doubled down on them. Now they are a “hot market” as demand for electric vehicles declines – Fortune

January 26, 2025 by istri

Elon Musk, CEO of Tesla. ODD ANDERSEN/AFP via Getty Images Elon Musk, CEO of Tesla, doesn’t think much of hybrid vehicles. Last year he did dismissed her as a “phase” and said it was “time to move on.” But Toyota has stepped up its game again – and this step has proven to be groundbreaking. … [Read more…]

Posted in: Business Tagged: declines, demand, dismissed, doubled, electric, Elon, Fortune, hot, hybrids, market, Musk, phase, Toyota, vehicles

Southwest Airlines cancels hundreds and delays thousands of holiday weekend flights – Fortune

December 26, 2023 by istri

Southwest Airlines has struggled with delays and cancellations. Getty Images Conditions were mostly good for travelers flying before and on Christmas this year, but some unpleasant disruptions plagued those flying Southwest Airlines. For millions of people who traveled over the holidays, this year was much better than last. Christmas morning was the culmination of a … [Read more…]

Posted in: Business Tagged: Airlines, cancels, delays, flights, Fortune, holiday, hundreds, Southwest, Thousands, weekend

After the Adobe deal fell through, Figma called employees from the company-wide PTO to the town hall – Fortune

December 21, 2023 by istri

Every year between Christmas and New Year, Figma gives all employees two weeks of vacation to enjoy the holidays. This year’s companywide PTO looked even brighter as many of the software company’s employees hoped regulators would approve creative giant Adobe’s $20 billion acquisition. But on Monday, Slack and email alerts alerted U.S. employees that the … [Read more…]

Posted in: Business Tagged: Adobe, called, companywide, deal, employees, fell, Figma, Fortune, hall, PTO, town

Figma called company-wide PTO employees to town hall to tell them the Adobe deal was dead – Fortune

December 20, 2023 by istri

If Adobe had merged with Figma, software newcomer Dylan Field’s 10 percent stake would have been worth $2 billion. David Paul Morris-Bloomberg/Getty Images Every year between Christmas and New Year, Figma gives all employees two weeks of vacation to enjoy the holidays. This year’s companywide PTO looked even brighter as many of the software company’s … [Read more…]

Posted in: Business Tagged: Adobe, called, companywide, dead, deal, employees, Figma, Fortune, hall, PTO, town

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