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Apple faces legal challenges; Amazon bulks up grocery business; Chrysler won’t recall fire-prone Jeeps; Investors jump ship on SAC Capital; Private sector adds 135,000 jobs

Tech: Apple faces legal challenges

Samsung has “won a significant legal victory against Apple,” said Ian Sherr and Jessica E. Lessin in The Wall Street Journal. In a ruling last week, the U.S. International Trade Commission said the Cupertino, Calif., company violated a Samsung patent on wireless technology. “Unless vetoed by President Barack Obama or blocked by an appeals court, the ruling would bar the importation of” older iPhones and iPads that run on AT&T’s network. It’s unclear how much revenue would be lost from banning U.S. sales of the iPhone 4 and iPad 2, since newer versions of both products now dominate. Apple vowed to appeal the ruling.

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