MILAN, Oct 26 - Italy's competition authority (AGCM) has opened an investigation into U.S. elevator maker Otis Worldwide's ( OTIS ) Italian business over alleged unfair commercial practices, the watchdog said on Friday. Otis is suspected of having installed on elevators devices that offer services for a fee without explicit consent from customers, AGCM said in a statement. The company...

* TSMC halted shipments to Sophgo after chip found on Huawei AI processor * TechInsights discovered TSMC chip on Huawei's Ascend 910B * US expanded authority in 2020 to stop foreign-produced items to Huawei By Karen Freifeld and Fanny Potkin Oct 26 (Reuters) - Taiwan Semiconductor Manufacturing Company ( TSM ) suspended shipments to China-based chip designer Sophgo after a...

Oct 25 (Reuters) - Apple ( AAPL ) convinced a federal jury on Friday that health monitoring tech company Masimo's ( MASI ) smartwatches infringe two of its design patents. The jury, in Delaware, agreed with Apple ( AAPL ) that Masimo's ( MASI ) W1 and Freedom watches and chargers willfully violated Apple's ( AAPL ) patent rights in...

MILAN (Reuters) - Italian police have placed four people under house arrest as part of a probe into alleged illegal access to state databases by a private intelligence business run by a former policeman, a person with direct knowledge of the matter told Reuters. The person told Reuters that Leonardo Maria Del Vecchio, son of late billionaire Leonardo Del Vecchio,...