After consumer complaints of overheating batteries, the company did not immediately report the defect with its Ionic smartwatches, according to a settlement with the U.S. government.
Related Posts
The Biggest Takeaways From the DealBook Summit With Jeff Bezos, Sam Altman and More
Trumponomics, inflation, artificial intelligence, the changing media landscape, and the Elon Musk effect — these were the big themes covered at the annual event.
Boeing Will Sell $19 Billion in Stock Amid Costly Strike
The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.
F.D.A. Upgrades Recall of Some Cal Yee Chocolates to Highest Risk Level
The agency warned that the products, made by Cal Yee Farm, could have potentially serious or even deadly consequences because the packages were mislabeled. No […]