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A Garmin smartwatch seen at the shopping mall in Gdansk...
(Mateusz Slodkowski/Getty Images)
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Strava is suing Garmin over alleged patent infringements

Has the watchmaker strayed a little far into the fitness app’s lane?

Tom Jones

In a federal lawsuit filed on Tuesday, exercise- and activity-tracking platform Strava accused Garmin, famed for its exercise- and activity-tracking hardware, of infringing three separate patents covering its popular map segments and user heat map technology. 

Well, that tracks

Strava, a private company that has more than 170 million users worldwide, it said in the suit, also alleged that Garmin breached the contract of an agreement they formed 10 years ago that allowed the watchmaker to implement Strava’s segment technology on its devices, but only in limited instances.

Strava is seeking damages and declaratory and injunctive relief — or, as popular fitness tech YouTuber DC Rainmaker put it: “They are demanding that Garmin cease selling effectively all of their fitness/outdoor watches, as well as cycling computers.”

Unbeknownst to many who see Garmin only as the brand of the running watch worn by the friend who never stops talking about PBs and “negative splits,” the company actually makes a lot of other stuff, too.

Garmin revs chart
Sherwood News

Watch this space

OK, sure, its outdoor and fitness segments — home to its GPS-enabled smart watches, handheld trackers, smart scales, dog training and tracking tech, plus much else besides — are the biggest parts of the business, pulling in $1.96 billion and $1.77 billion, respectively, in the latest fiscal year.

Garmin also, however, kits out planes with navigation and communication tools, integrated flight decks, engine indication systems, and other tech in its aviation segment; it’s a leading manufacturer of recreational marine electronics like fish-finders and sonar and radar tech in its marine division; and it even supplies in-car infotainment systems and other offerings for major automakers in the automotive, or “Auto OEM,” part of its business.

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Report: OpenAI won’t pay a dime in cash for its 3-year licensing deal for Disney IP

More financial details behind the landmark deal that will grant OpenAI three years of access to Disney intellectual property are coming out, and they’re pretty surprising.

The deal will reportedly see OpenAI pay zero dollars in licensing fees, instead compensating Disney in stock warrants. It was previously reported that Disney would invest $1 billion into OpenAI as part of the agreement.

It’s very abnormal for Disney to grant anyone access to its massive IP library without a cash payment, and the entertainment juggernaut has been known to strike down even crocheted Etsy Yodas for infringing on its turf. In its fiscal year 2025, Disney booked more than $10 billion in revenue from licensing fees across merchandising, television, and theatrical distribution.

It’s very abnormal for Disney to grant anyone access to its massive IP library without a cash payment, and the entertainment juggernaut has been known to strike down even crocheted Etsy Yodas for infringing on its turf. In its fiscal year 2025, Disney booked more than $10 billion in revenue from licensing fees across merchandising, television, and theatrical distribution.

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Ford says it will take $19.5 billion in charges in a massive EV write-down

The EV business has marked a long stretch of losing for Ford, and today the automaker announced it will take $19.5 billion in charges tied, for the most part, to its EV division.

Ford said it’s launching a battery energy storage business, leveraging battery plants in Kentucky and Michigan to “provide solutions for energy infrastructure and growing data center demand.”

According to Ford, the changes will drive Ford’s electrified division to profitability by 2029. The company will stop making its electric F-150, the Lightning, and instead shift to an “extended-range electric vehicle” that includes a gas-powered generator.

The Detroit automaker also raised its adjusted earnings before interest and taxes outlook to “about $7 billion” from a range of $6 billion to $6.5 billion.

Ford’s write-down is one of the largest taken by a company as legacy automakers scale back on EVs, giving EV-only automakers a market share boost.

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