Ring refunds preorders for Ring Protect, Best Buy pulls promos, smart home and security industries pray for ADT win in lawsuit claiming Ring stole IP from Zonoff, ADT’s development partner.

In ADT Holdings vs. Harris, et al, the Delaware Chancery Court temporarily enjoined Ring from selling new Ring Protect DIY security and home automation system, claiming it stole intellectual property from Zonoff that belonged to ADT.

In ADT Holdings vs. Mike Harris, testimony begins on the acquisition of Zonoff's IoT assets by Bot Home Automation (dba Ring.com). Ring revenues revealed.

Ring CEO Jamie Siminoff claims ADT feels threatened by Ring's Wi-Fi doorbells after Ring hired the entire team of Zonoff home-automation platform developers.

ADT claims former Zonoff CEO Mike Harris misappropriated home-automation assets, transferring them to smart-doorbell maker Ring when the IoT technology actually belonged to ADT. Ring CEO Jamie Siminoff says claims are "ridiculous."

Opinion: Class-action lawsuit claims Bose violates Federal Wiretap Act by collecting data from wireless headphone users and sharing with a third-party data-mining firm. So what?