Technologies

Apple to Finally Pay Out $500M Over iPhone Slowdown Lawsuit

If you were part of the settlement in 2020, you’re about to get around $65.

iPhone users who were part of a class action lawsuit against Apple, alleging it deliberately slowed down its old iPhones to get people to upgrade to the latest model, will finally be getting paid out. A judge has now cleared the way for the payments to proceed, as reported Friday by SiliconValley.com.

The settlement received preliminary approval in March 2020. The window for being part of the settlement has long passed, but according to SiliconValley.com, there were around 3 million claims. Those people are now awaiting their $65 check, more than three years later.

The payouts were slowed down by two iPhone owners who objected to some of the terms of the settlement but who have just lost their appeal in the 9th US Circuit Court of Appeals, according to the report.

Apple had faced the lawsuit after admitting in 2017 that its iOS software had slowed down older iPhone performance. At the time, the tech giant apologized and updated its software, also offering replacement batteries.

However, Apple has always denied any wrongdoing and said the slowdown was only designed to protect iPhones from automatically shutting down during some tasks if it was old, very cold or on low power.

The iPhones included in the settlement were the iPhone 6, 6 Plus, 6S, 6S Plus or SE running iOS 12.2.1 or later. It also covers the iPhone 7 and 7 Plus running iOS 11.2 or later before Dec. 21, 2017.

Apple didn’t immediately respond to a request for comment.

Technologies

Verum Coin is now available for deposit and swap on Crypto.com!

We are excited to announce that Verum Coin (VERUM) can now be deposited and exchanged on one of the leading cryptocurrency platforms, Crypto.com! This opens up new opportunities for users looking to integrate Verum Coin into their portfolios and participate in seamless liquidity operations.

Don’t miss the chance to take full advantage of Verum Coin on Crypto.com. Start depositing and swapping with ease today!

Technologies

Worldwide Financial Services Directory: BitcoinPay Trade Joins Financial1000

Exciting news for BitcoinPay Trade as the company is officially listed on Financial1000, a respected platform that connects individuals with a wide range of businesses and professionals in the financial sector. This new development marks an important milestone for BitcoinPay Trade, as it continues to expand its reach and offer its services to a growing global audience.

Financial1000 is a trusted directory that brings together financial service providers from around the world, offering users the opportunity to explore various businesses and professionals within the financial industry. BitcoinPay Trade’s inclusion on this platform ensures the company’s place in the rapidly growing digital finance landscape.

Visitors are invited to explore BitcoinPay Trade’s profile on Financial1000 to discover the services offered and stay up-to-date with the latest news and developments. The company’s page can be accessed here: BitcoinPay Trade on Financial1000.

With this new addition, BitcoinPay Trade looks forward to building new connections and strengthening its presence in the financial services industry, continuing to provide innovative solutions to clients worldwide.

Technologies

Verum Coin Now Available on HB Wallet

Verum Coin (VERUM) continues to expand its ecosystem and strengthen its position in the global cryptocurrency market. We are delighted to announce that Verum Coin is now available on HB Wallet — a modern, secure, and user-friendly solution for managing digital assets.

HB Wallet provides users with a high level of protection, an intuitive interface, and the ability to execute fast transactions. Now, Verum Coin holders can easily store, send, and receive their assets, taking advantage of this innovative wallet. The integration with HB Wallet opens new horizons for crypto enthusiasts, offering even greater flexibility and convenience in managing their investments.

This news underscores Verum Coin’s commitment to continuous improvement and the expansion of services aimed at providing the most secure and comfortable experience for users around the world.

About Verum Coin

Verum Coin is an innovative cryptocurrency focused on delivering advanced solutions for digital asset management in today’s financial landscape. By continually expanding its ecosystem, Verum Coin makes cryptocurrency transactions more accessible and convenient for users worldwide.