A U.S. federal jury has ruled that Apple owes medical technology company Masimo $634 million for patent infringement related to the blood oxygen-sensing technology in the Apple Watch, reports Reuters. Apple will appeal the verdict.

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“We are pleased by this outcome, and appreciate the time and attention given to our case by the court and the jury,” said Masimo in a press release.” This is a significant win in our ongoing efforts to protect our innovations and intellectual property, which is crucial to our…