The DOJ, Securities and Exchange Commission are now Investigating Apple over the Issue of Slowing Older iPhones
Since December 22, there have been approximately 50 Class Actions filed against Apple in the U.S. with Tim Cook in-part blaming its customers for "not paying attention" to a software update about the issue that 99.99% of everyone missed. The first senator wrote to Apple's CEO looking for answers related to this issue and several others have since done the same.
It's now being reported that "The U.S. Department of Justice and the Securities and Exchange Commission are investigating whether Apple Inc. violated securities laws concerning its disclosures about a software update that slowed older iPhone models, according to people familiar with the matter.
The government has requested information from the company, according to the people, who asked not to be named because the probe is private. The inquiry is in early stages, they cautioned, and it's too soon to conclude any enforcement will follow.
Bloomberg further noted in their report that "The situation is a self-inflicted black eye on the company, based in Cupertino, California. The company has been wrestling with some other software-related issues, including processor vulnerabilities that have affected other technology companies and a login flaw that allows intruders to access files on Mac computers without a passcode."
With the company under a microscope, Apple's SVP of Software has reportedly decided to apply the brakes on a string of new iOS features and reschedule them for 2019 in the hopes of slowing down the mishaps.
It's too bad that the company didn't give Scott Forstall that option when they fired him over a Maps glitch. I guess George Orwell's 'Animal Farm' got it right: "All animals are equal but some animals are more equal than others."
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