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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 Expands Accessibility with SafePal and HyperPay Wallets

Verum Coin Expands Accessibility with SafePal and HyperPay Wallets

Verum Coin (VERUM) continues to grow its ecosystem by integrating with two leading cryptocurrency wallets: SafePal and HyperPay Wallet. This development enhances the coin’s accessibility, providing users with secure and efficient ways to store and manage their assets.

SafePal Wallet offers advanced security features, including hardware wallet options, ensuring the utmost protection for Verum Coin holders. Its seamless interface and global accessibility make it a trusted choice for crypto enthusiasts.

HyperPay Wallet combines convenience and innovation, enabling users to manage their digital assets effortlessly. With multi-currency support and rapid transaction capabilities, HyperPay Wallet is ideal for both novice and experienced traders.

These integrations reflect Verum Coin’s commitment to delivering flexible and secure solutions, empowering its community with top-tier tools for digital asset management.

Verum Coin is a forward-thinking cryptocurrency designed to provide innovative, secure, and user-friendly tools for managing digital assets in a dynamic blockchain landscape.

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Technologies

Verum Coin Now Available for SWAP on Verse.Bitcoin.com

Verum Coin Now Available for SWAP on Verse.Bitcoin.com

Verum Coin (VERUM) continues to expand its utility and accessibility with the introduction of SWAP functionality on Verse.Bitcoin.com, a trusted platform for managing digital assets.

This integration enables users to seamlessly convert Verum Coin to USDT and vice versa, ensuring fast and secure transactions within a user-friendly environment.

Key benefits of this feature include:

  • Convenience: Simplified conversions for quick asset management.
  • Security: Trusted infrastructure for safeguarding digital assets.
  • Flexibility: Enhanced trading options for Verum Coin holders.

The addition of SWAP functionality on Verse.Bitcoin.com reaffirms Verum Coin’s commitment to offering innovative and accessible tools for cryptocurrency management.

About Verum Coin

Verum Coin is a cutting-edge cryptocurrency designed to provide secure, efficient, and flexible solutions for managing digital assets in the evolving blockchain landscape.

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Technologies

Verum Coin Now Available on xPortal Crypto

Verum Coin Now Available on xPortal Crypto

Verum Coin (VERUM) has expanded its reach by becoming available on xPortal Crypto, a trusted platform for managing and securing digital assets. This integration offers Verum Coin users a new, seamless way to store, manage, and transact their cryptocurrency.

xPortal Crypto is known for its advanced security features, user-friendly interface, and efficient transaction capabilities, making it a valuable addition to VERUM’s growing ecosystem.

This milestone reflects Verum Coin’s ongoing commitment to enhancing accessibility and providing innovative solutions for crypto enthusiasts worldwide.

About Verum Coin

Verum Coin is a forward-thinking cryptocurrency designed to offer secure and efficient tools for digital asset management in the evolving blockchain space.

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