Australia Sues Amazon Over Prime Video Ads and Subscription Terms 
Trump Questions Housing Bill as He Prioritizes SAVE America Act 
Momenta Launches Hong Kong IPO to Raise Up to $751 Million for AI and Robotaxi Expansion 
U.S. Stocks End Q2 Higher as Strong Jobs Data and AI Rally Lift Wall Street 
Asian Stocks Mixed as South Korea Slides on Profit-Taking, Japan and China Gain on Strong Factory Data 
China Expands Export Controls, Adds 20 Japanese Companies to Restricted List 
Anthropic Brings Claude AI Models to Microsoft Azure Foundry With NVIDIA Blackwell GPUs 
Gold Price Hits Annual Low as Fed Rate Hike Bets and Sticky Inflation Weigh on Bullion 
Asian Currencies Slip as Dollar Holds Firm, Yen Near Four-Decade Low Ahead of Fed, Jobs Data 
Lenovo Shares Slide as AI-Driven Memory Demand Signals Higher DRAM and NAND Prices 
NATO Albania Summit Faces Uncertainty as Trump, Defense Spending Concerns Loom 
SoftBank Shares Slide as OpenAI IPO Delay Concerns Weigh on AI Investment Outlook 
OpenAI May Delay IPO to 2027 Amid $1 Trillion Valuation Goal 
India Manufacturing PMI Slows in June as Demand Weakens Despite Lower Cost Pressures 
Microsoft Reportedly Plans New Job Cuts Across Sales, Consulting, and Xbox 
Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism 
Open-Source AI Models Gain Ground as Enterprises Seek Lower-Cost Alternatives, Citi Says 
Samsung Electronics counters Mojo Mobility's patent infringement claim by launching patent invalidation lawsuits, asserting the wireless charging technologies in dispute. Simultaneously, Samsung's Odyssey OLED G9 gaming monitor receives global acclaim with over 3,000 presale orders.
Last month, the South Korean tech giant initiated a series of lawsuits against a California-based wireless charging technology firm at the United States Patent and Trademark Office. The lawsuits were filed in response to Mojo Mobility, which had previously filed a patent infringement case against Samsung in the Texas Eastern District Court. Mojo Mobility, founded in 2005, specializes in wireless power technologies across various industries, ranging from mobile devices to electric vehicles.
Mojo Mobility accused Samsung of unauthorized use of its technologies in flagship smartphones like the Galaxy series and watches, among other products, dating back to 2016. This was after both companies had engaged in discussions for a potential technological partnership.
In a separate legal matter, Samsung was ordered by a jury in April to pay over US$303 million in damages to U.S. chip company Netlist due to a patent infringement case. Samsung remains committed to pursuing its legal options until a final ruling is reached.
Mojo Mobility develops wireless power technologies across various industries, including mobile devices and electric vehicles. Samsung has been accused of using Mojo Mobility's technologies without permission since 2016 after discussing a technological partnership.
Meanwhile, Samsung's new gaming monitor, the premium Odyssey OLED G9, has received over 3,000 advance orders worldwide.
The presale for the premium Odyssey OLED G9 monitor started in North America and Europe before expanding to South Korea, China, and Southeast Asia. Demand has been high, with the initial 1,800 units sold out in North America and the 700 allocated for Europe also being snapped up quickly. In South Korea, 100 units were sold out in just one hour on the online sales platform Naver Shopping Live.
The Odyssey OLED G9 is the world's first dual QHD high-resolution gaming monitor of OLED panel standard, featuring a 49-inch size, dual QHD (5120 x 1440) resolution, a curved screen with a 1800R curvature, a response speed of 0.03 ms, and a refresh rate of 240 Hz. The monitor also leverages Samsung Electronics' proprietary image quality technology, the Neo Quantum Processor Pro, for automatically adjusting screen brightness and contrast ratio.
Photo: Babak Habibi/Unsplash
