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Jury Hears TikTok Accused of Infringing ‘Stitch’ Trademark and Owes Over $116M in Damages

Source Node: https://zephyrnet.com/tiktok-owes-over-116m-for-stealing-stitch-tm-jury-told/
Time Stamp: March 1, 2023 6:10 PM - Modified On: March 1, 2023 - Published By:
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The jury in the case of Stitch Inc. v. TikTok Inc. has heard that the popular social media platform, TikTok, has been accused of infringing on the trademark of Stitch Inc. and owes more than $116 million in damages.Stitch Inc., a software company based in California, filed the lawsuit against TikTok in 2019. The company alleged that TikTok had infringed on its trademark by using the name “Stitch” for its video-editing feature. Stitch Inc. argued that the use of its trademark was likely to cause confusion among consumers and had

How the EU Medical Device Regulation is Affecting Medical Device Innovation

Source Node: https://zephyrnet.com/is-eu-mdr-harming-medical-device-innovation/
Time Stamp: March 1, 2023 11:41 AM - Modified On: March 1, 2023 - Published By:
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The European Union Medical Device Regulation (EU MDR) is a major piece of legislation that has been implemented to ensure the safety and efficacy of medical devices. This regulation has been in effect since May 2020, and it is having a significant impact on medical device innovation. The EU MDR requires medical device manufacturers to provide detailed information about their products, including clinical data, safety and performance data, and post-market surveillance data. This information must be submitted to the European Commission for review and approval. The EU MDR also requires

Impact of EU Medical Device Regulation on Medical Device Innovation

Source Node: https://zephyrnet.com/is-eu-mdr-harming-medical-device-innovation/
Time Stamp: March 1, 2023 11:41 AM - Modified On: March 1, 2023 - Published By:
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The European Union (EU) has recently implemented a new medical device regulation that is set to have a major impact on the medical device industry. The new regulation, known as the Medical Device Regulation (MDR), is designed to ensure that medical devices are safe and effective for use by patients and healthcare professionals. The MDR will also have a significant impact on medical device innovation, as it will require manufacturers to meet higher standards of safety and efficacy. The MDR will require manufacturers to provide more detailed information about the

Arbitrum and Superchain Compete for Layer 2 Blockchain Market Share with Positive Predictions

Source Node: https://zephyrnet.com/arbitrum-and-superchain-compete-for-layer-2-market-share-with-optimistic-outlooks/
Time Stamp: March 1, 2023 8:16 AM - Modified On: March 1, 2023 - Published By:
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The blockchain industry is rapidly evolving, and two of the most promising projects in the space are Arbitrum and Superchain. Both projects are vying for a share of the Layer 2 blockchain market, and their respective teams have made positive predictions about their future success. Arbitrum is a Layer 2 blockchain protocol that enables users to securely and quickly execute transactions on the Ethereum network. It is designed to be more efficient and secure than Ethereum, while also offering lower transaction fees. The project is backed by a team of

Barcelona to Impose Tax on Logistics Companies

Source Node: https://zephyrnet.com/barcelona-to-tax-logistics-companies/
Time Stamp: March 1, 2023 7:56 AM - Modified On: March 1, 2023 - Published By:
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The city of Barcelona is set to impose a new tax on logistics companies operating within its borders. This move is part of the city's efforts to reduce traffic congestion and air pollution, as well as to raise revenue for the city. The tax will be levied on companies that are involved in the transportation of goods within the city. It will be based on the number of vehicles used by the company and the distance traveled by them. Companies that use more vehicles and travel greater distances will be

Barcelona Imposes Tax on Logistics Companies

Source Node: https://zephyrnet.com/barcelona-to-tax-logistics-companies/
Time Stamp: March 1, 2023 7:56 AM - Modified On: March 1, 2023 - Published By:
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The city of Barcelona, Spain, has recently announced a new tax on logistics companies operating within its borders. The tax, which is set to take effect in 2021, is intended to help fund the city’s infrastructure and public services. Logistics companies are responsible for the transportation of goods from one place to another. In Barcelona, these companies are a vital part of the economy, as they are responsible for the movement of goods both within the city and to other parts of Spain and Europe. The new tax will be

Geoengineering Moratorium Proposed by Scientists to Temporarily Cool Climate

Source Node: https://zephyrnet.com/scientists-want-near-moratorium-on-geoengineering-to-cool-climate-for-now/
Time Stamp: March 1, 2023 5:30 AM - Modified On: March 1, 2023 - Published By:
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In recent years, scientists have proposed a geoengineering moratorium to temporarily cool the climate. Geoengineering is the deliberate large-scale manipulation of the environment to counteract the effects of climate change. It includes techniques such as cloud seeding, ocean fertilization, and spraying aerosols into the atmosphere. The proposed moratorium would be a temporary ban on geoengineering activities, allowing scientists to study the potential risks and benefits of these techniques before they are implemented. The goal of the moratorium is to ensure that any geoengineering activities are conducted responsibly and with full

Scientists Call for Temporary Halt on Geoengineering Projects Aimed at Reducing Global Warming

Source Node: https://zephyrnet.com/scientists-want-near-moratorium-on-geoengineering-to-cool-climate-for-now/
Time Stamp: March 1, 2023 5:30 AM - Modified On: March 1, 2023 - Published By:
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In recent years, geoengineering projects have become increasingly popular as a potential solution to global warming. Geoengineering is the deliberate manipulation of the Earth’s climate in order to reduce the effects of climate change. However, a group of scientists recently called for a temporary halt on these projects, citing potential risks to the environment and human health. Geoengineering projects typically involve releasing aerosols into the atmosphere to reflect sunlight away from the Earth, thus reducing the amount of heat absorbed by the planet. While this could potentially reduce global temperatures,

Bain Capital’s Caverion Deal Outbid by Triton with €1.09bn Offer, Bain Responds.

Source Node: https://zephyrnet.com/triton-trumps-bain-capitals-caverion-deal-with-e1-09bn-offer-bain-fights-back/
Time Stamp: January 12, 2023 8:49 AM - Modified On: January 12, 2023 - Published By:
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On June 3rd, 2020, the private equity firm Bain Capital was outbid by Triton in their attempt to acquire the Finnish building services company Caverion. The bid from Triton was €1.09 billion, while Bain Capital had offered €1.05 billion. This marks the end of a bidding war between the two firms that had been ongoing since April. Caverion is a leading provider of building services and solutions in Europe, with operations in Finland, Sweden, Norway, Denmark, Germany, Austria, and Poland. The company has over 17,000 employees and provides services such