You could be in line for a payout from Apple for slowing down your iPhone

Apple has agreed to settle legal action taken against it for deliberately slowing down older iPhones. Having already been fined €25 million by a French consumer watchdog the company has now agreed to settle in the US -- something which could cost it $500 million. Apple previously admitted to the practice of slowing down phones, saying it was to increase the life of devices with aging batteries. The new agreement in the US could see Apple paying out $25 to those affected by updates to iOS that slowed down their iPhones. See also: Apple fined €25 million for slowing down… [Continue Reading]