January 31, 2018
Apple is facing a fresh round of criticism over the secretive tactics it used to slow down older iPhones.
The US Department of Justice and the Securities and Exchange Commission are investigating how the Silicon Valley giant handled a software update that slowed down older phone models to keep up with aging batteries.
Officials are weighing whether Apple violated securities laws by not disclosing the security update to consumers, Bloomberg reported, citing sources close to the situation.
The DOJ and SEC, which have requested information from the company, are also concerned that Apple may have deceived investors about the performance of outdated iPhone models.
This article was posted: Wednesday, January 31, 2018 at 9:05 am