Apple apologized for secretly slowing down older iPhones, a move it said was necessary to avoid unexpected shutdowns related to battery fatigue. The firm said last week it 'throttles' phones to extend their life and stop them from shutting down as batteries age and become less effective, triggering lawsuits across the world.
Nine lawsuits have been filed against United States multinational technology company Apple for fraud, after the company said it slowed down older iPhones to compensate for poor battery performance, Reuters reported on Wednesday. Eight of the nine lawsuits have been filed in the US District Courts in California, New York and Illinois. They seek class action against Apple to represent potentially crores of iPhone users around the United States. A similar case was lodged in an Israeli court on Monday, the newspaper Haaretz reported. Apple did not respond to an email seeking comment on the filings.
Excessive use of smartphones creates an imbalance in the brain chemistry of teenagers and young adults, according to a study. A recent Pew Research Center study found that 46% of Americans said that they cannot live without their smartphones, Science Daily reports. More and more people are becoming dependent on their smartphones and other gadgets for information, news, communication, games and such.
A British organization representing 5.4 million people in England and Wales brought a massive lawsuit against the American tech-giant Google on November 30 in the United Kingdom, accusing the California-based company of illegally harvesting data from its customers' iPhones to then use for individually targeted advertising
Square is testing cryptocurrency support in their Cash app, according to TechCrunch reader Zach Miles on Twitter and confirmed by the company. The trial, which seems to only be available right now to a small number of users, lets you buy and sell bitcoin directly in the app. The interface is very basic. Users who have access to the beta can swipe right from the Cash Card page to access bitcoin functionality. Once there users will see a balance in USD and BTC, a graph showing performance over the last day, month or year and buy / sell buttons.
With the number of digital transactions around the world increasing by the day, Facebook is also looking to improve users’ payment experience on its platform. Making a move in the same direction, the company may soon start testing ”red envelope” payments feature that will allow users to send money to others on the platform.
Hackers have discovered that one of the most central elements of online security, the mobile phone number, is also one of the easiest to steal; and it's is an increasingly growing problem, the New York Times reports. In a growing number of online attacks, hackers have been calling up Verizon, T-Mobile U.S., Sprint and AT&T and asking them to transfer control of a victim’s phone number to a device under the control of the hackers. Once they get control of the phone number, they can reset the passwords on every account that uses the phone number as a security backup — as services like Google, Twitter and Facebook suggest.
The sharing of sensitive information has been at the root of many of the scandals facing the financial services industry recently, for example the LIBOR and FX rigging episodes. However, the US’ Federal Bureau of Investigation (FBI) has now marked Wall Street traders as a potential area of focus, given the use of encrypted apps to hide illicit communications. According to reports emerging in the Financial Times, the FBI is becoming increasingly concerned that Wall Street traders have found a way to turn encryption to their advantage when it comes to illegally exchanging insider information.
To bar kids from being addicted to the smartphones, a group in the US state of Colorado has sought ban on sale of the device to those below the age of 13. Tim Farnum, founder of the non-profit group Parents Against Underage Smartphones, or PAUS, is leading the charge on a proposed ballot initiative in Colorado that would be the first of its kind in the country, the USA Today reported on Monday. With around 80 percent of Americans now owning a device, the number of under 13s that have their own handset is also on the rise.
Mobile phone users in Europe will soon be free to use their regular call, text and internet allowances anywhere within the EU at no extra cost under new rules which abolish data roaming charges across the union. As of Thursday June 15, all mobile network operators in Europe will be prohibited from charging additional fees for overseas use within the EU as part of continued efforts by the EU to forge a Digital Single Market across EU member states. It is free to use your phone in European countries as if you were at home. You will still pay your normal monthly or pay as you go bill, but you won't be charged extra for using your minutes, texts and data when you're on holiday.
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