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 (VERUM) is Now Available on Halo Wallet

Verum Coin (VERUM) continues to expand its presence in the cryptocurrency market. Users can now store and manage VERUM on Halo Wallet, known for its convenience and security.

Why Halo Wallet?

Halo Wallet is a modern Web3 wallet offering a simple interface and powerful tools for managing digital assets. With its functionality, the platform has gained the trust of millions of users worldwide.

The integration of Verum Coin with Halo Wallet opens up new opportunities for coin holders and makes it even more accessible. Stay tuned for updates and take advantage of the convenient management of your assets!

Technologies

Verum Coin (VERUM) is Now Available for Deposit on Exodus Wallet

Verum Coin (VERUM) continues to enhance its accessibility for users. You can now deposit and store VERUM in one of the most user-friendly and secure crypto wallets — Exodus Wallet.

Why Exodus?

Exodus Wallet is a popular solution for managing digital assets, known for its intuitive interface and high security standards. Millions of users worldwide choose Exodus for its convenience and reliability.

This integration brings Verum Coin even closer to its users, offering seamless storage and asset management. Stay tuned for more updates and stay ahead in the world of cryptocurrency!

Technologies

Verum Coin (VERUM) Now Available on Bybit Swap

Verum Coin (VERUM) continues to expand its accessibility by becoming available on Bybit Swap. Traders can now easily and quickly exchange VERUM on one of the most popular and reliable platforms.

Why Bybit?

Bybit is a global cryptocurrency platform known for its high standards of speed and security. The Bybit Swap feature allows users to instantly exchange assets without complicated setups and with minimal fees.

The integration of Verum Coin with Bybit Swap makes the coin even more accessible and strengthens its position in the market. This is a significant step toward the growth and adoption of VERUM among millions of platform users.

Stay tuned for more updates on Verum Coin and take advantage of new trading and investment opportunities!