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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

3

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
TechApple

Apple Admitted it Slows Down Old iPhones. Now it Faces a Lawsuit

By
Lisa Marie Segarra
Lisa Marie Segarra
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By
Lisa Marie Segarra
Lisa Marie Segarra
Down Arrow Button Icon
December 22, 2017, 10:23 AM ET
Apple Holds Product Launch Event In Cupertino
CUPERTINO, CA - SEPTEMBER 12: Apple CEO Tim Cook makes speech during the Apple launch event on September 12, 2017 in Cupertino,California. Apple Inc. unveiled its new iPhone 8, iPhone X, iPhone 8 Plus, and the Apple Watch Series 3 at the new Apple Park campus. (Photo by Qi Heng/VCG via Getty Images)Qi Heng—VCG via Getty Images

Two California residents are suing Apple after the company admitted it slows down iPhones with older batteries.

The suit comes after Apple justified its practice of slowing down older phones, saying it does so to keep them from “to protect its electronic components” as their batteries age and become less potent.

But that explanation hasn’t stopped Stefan Bogdanovich and Dakota Speas from putting together a class action lawsuit in California, CNBC reports. The lawsuit filing claims that they, and anyone else who joins the class action lawsuit, did not consent to Apple slowing down their phones and, therefore, Apple interfered with the possession of their iPhones. Bogdanovich and Speas are also saying that they “suffered interferences to their iPhone usage due to the intentional slowdowns” in the lawsuit.

The lawsuit is claiming damages because of “economic damages and other harm” suffered. Bogdanovich and Speas are trying to get their lawsuit to cover anyone in the United States with iPhone older than the Apple’s new iPhone 8 model, according to CNBC.

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