US Agencies to Probe iPhone Slowdown Debacle

Bloomberg reported last Tuesday that Apple is set to be investigated by the US Department of Justice and the Securities and Exchange Commission as to whether the company had violated securities laws after admitting to slowing down older iPhones to prolong battery life.

Around 50 proposed class action suits have already been filed against the phone maker by users who said that the update had significantly degraded the performance of their iPhones, making them think that their devices were already at the end of their life cycle.

The consumers have also asked judges to issue orders that would prevent Apple from deploying similar modifications in the future.

Source: Reuters

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