
Apple agrees to settlement of up to $500 million from lawsuit alleging it throttled older phones
TechCrunch Industry News · TechCrunch
March 4, 20204m 45s
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Show Notes
Apple agrees to settlement of up to $500 million from lawsuit alleging it throttled older phones Apple Inc. has agreed to pay a settlement of up to $500 million, following a lawsuit accusing the company of intentionally slowing down the performance of older phones to encourage customers to buy newer models or fresh batteries. The preliminary proposed class action lawsuit was disclosed Friday night and would see Apple pay consumers $25 per-phone, as reported by Reuters.
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