A Democratic mega-donor who Joe Biden called “one of my closest friends” stands to win from a ban on the latest version of Apple Watches — which has already been upheld by the president.
The Biden-backed ban was put on temporary hold by a federal appeals court Wednesday as Apple battles to overturn it — and end a long-running claim by medical technology company Masimo that the Silicon Valley giant has stolen its intellectual property.
Joe Kiani, the multi-millionaire founder and CEO of Masimo, has donated millions to Democrats and is a particularly close supporter of Biden, with donations including $1 million to his Biden Foundation.
But his legal war with Apple led to the US International Trade Commission ruling its Apple Watch Series 9 and Ultra 2 models breached Masimo’s patent for blood-oxygen level reading technology, and that importing them should be banned.
The White House had until Christmas Day to overturn the ban by getting US Trade Representative Katherine Tai to block it, but decided not to and it went into place.
Then it was put on hold Wednesday by a federal appeals court when Apple formally applied to appeal the ruling, and asked successfully for an emergency order putting the ban on hold.
The amount of money at stake for Apple or for Masimo is unknown.
But Kiani has cultivated exceptionally close ties to Biden, who in 2019 spoke at an event where Kiani was in the audience and called him out as “one of my closest friends,” the Associated Press reported.
Kiani, 59, is an Iranian-American businessman who is among Biden’s biggest donors.
In addition to a $1 million donation to the Biden Foundation, Kiani donated $750,000 to the pro-Biden Unite the Country PAC in 2020, part of nearly $3 million he bundled to the president’s campaign, super PAC and inaugural committee. He is also a significant Democratic Party donor.
A spokesman for Masimo said the CEO and his “team” had never lobbied Biden or Tai over the Apple Watch dispute and accused Apple’s CEO Tim Cook of having his own lobbying effort.
“This dispute has never been about money for Masimo,” the spokesman said. “The company’s motivation has always been and remains to hold Apple accountable for infringing Masimo’s patents and to restore integrity to the marketplace.”
The White House declined to comment. Tai’s office did not return a request for comment. The Post has reached out to Apple for comment.
Kiani and his wife Sarah were guests at a state dinner for France’s President Emmanuel Macron in December 2022, and then at a White House reception for Nowruz, the Iranian New Year, in March 2023.
“Thank you @POTUS and @FLOTUS for celebrating #Nowruz at the White House,” Kiani posted on X. “You really have been the President for all Americans.”
A month later, in April, Kiani and his wife Sarah hosted first son Hunter Biden and his wife Melissa Cohen at their sprawling 8,000-acre Kiani Preserve, three hours north of Los Angeles.
The $50 million Santa Ynez property includes a main house and guest house, both of which are equipped with a pool, tennis courts and a vineyard.
