Apple is pausing sales of its two newest Apple Watch models following a U.S. International Trade Commission (USITC) import ban due to unauthorized use of technology patented by Irvine, California-based medical device maker Masimo. Apple plans to have the Series 9 and Ultra 2 watches removed from its online and retail stores by December 26. The move, which comes at the height of the holiday shopping season, will no doubt prompt a frenzy of in-store purchases between now and Sunday. Apple has the decision under review. Barring reversal, it could take steps to reintroduce the watches. Read more

Intel formally launched its new Core Ultra CPUs and related products this week at its AI Everywhere event. The company shared new solutions ranging from the data center to the cloud edge and PC. Intel’s new mobile processors are part of its Meteor Lake lineup, all of which will now bear the Ultra imprimatur instead of the “I,” promising greater power efficiency and performance. At the New York City event, Intel CEO Pat Gelsinger said “AI innovation is poised to raise the digital economy’s impact up to as much as one-third of global gross domestic product.” Read more

Microsoft has expanded its Models as a Service (MaaS) catalog for Azure AI Studio, building beyond the 40 models announced at the Microsoft Ignite event last month with the addition of the Llama 2 code generation model from Meta Platforms in public preview. In addition, GPT-4 Turbo with Vision has been added to accelerate generative AI and multimodal application development. Similar to things like Software as a Service (SaaS) and Infrastructure as a Service (IaaS), MaaS lets customers use AI models on-demand over the web with easy setup and technical support. Read more

Crypto ID project Worldcoin, co-founded by Sam Altman, is integrating with Microsoft’s “Minecraft,” as well as Reddit, Telegram, Shopify and Mercado Libre. Concurrently, the company is debuting World ID 2.0 in Mexico and Singapore. World ID 2.0 enhances the privacy features of Worldcoin’s “digital passport for humanness.” Rolled out in July, World ID provides identify verification, claiming to allow easy distinction between bots and humans online. “Retailers are losing an estimated $100 billion per year from return fraud, bots and coupon stacking,” the Worldcoin Foundation said in making the announcement. Read more

In the wake of increasing pressure from European regulators, Adobe and Figma announced they are terminating their proposed merger agreement. California-based Adobe had planned to purchase Figma’s cloud-based product design platform for $20 billion, a proposal that was 15 months into the regulatory review process. However, the two companies eventually agreed there was no possibility of obtaining regulatory approval from the European Commission and the UK Competition and Markets Authority (CMA). According to a regulatory filing, the decision to cancel the deal will require Adobe to pay Figma a reverse termination fee of $1 billion in cash. Read more