DOJ & SEC Investigating Apple Over Slowing iPhones DOJ & SEC Investigating Apple Over Slowing iPhones – NTK Network

DOJ & SEC Investigating Apple Over Slowing iPhones

Apple may have violated securities laws when it failed to disclose to users that software updates intentionally slowed down older iPhone models.

By NTK Staff | 01.30.2018 @4:00pm

The U.S. Department of Justice (DOJ) and Securities and Exchange Commission (SEC) announced Tuesday they are investigating tech giant Apple for slowing older iPhone models with software updates.

According to a report from Bloomberg, the feds have requested information from the Cupertino-based company and the inquiry is in early stages.

Bloomberg has more on the scandal:

Several weeks ago, the company admitted to slowing down the performance of older iPhones models to make their batteries last longer. Apple released a software update early in 2017 that throttled older iPhones, but didn’t specify that the action slowed the devices. In December, Apple apologized for not clearly communicating this information and vowed to release another update to mitigate the concern.

The slowdowns only occur when the iPhone’s battery reaches a certain, unspecified point of low health and can be fixed if a user replaces the old battery with a new one. As part of its public apology, Apple cut the prices of battery replacements in its stores to $29, a $50 discount.

The official investigation followed inquiries made by Republicans and Democrats in the U.S. Senate and House of Representatives. Apple is now facing lawsuits from more than 40 groups and individuals in the U.S. and around the world on this issue.

For more on this scandal, check out the NTK Network video above.

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