Apple agreed to pay $500 million as part of a settlement of a lawsuit alleging it deliberately slowed down the performance of older iPhones as it rolled out newer models. The company denied any wrongdoing and said it was settling the case to avoid the hassle and expense of a drawn out case, Reuters said. Under the terms of the class action lawsuit, Apple agreed to pay $25 per phone for certain...
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Microsoft CEO Says AI ‘Vicious Cycle’ Will Boost Google; Meta and OpenAI’s Other Rivalry
CEOs often speak from both sides of their mouth, depending on who their audience is. On Monday, Microsoft CEO Satya Nadella painted a scary picture of how Google could multiply its power in the age of artificial intelligence. His doom and gloom comments, made before a federal judge in Washington, contrasted with an upbeat Nadella from February who said that Microsoft’s Bing search—then being...
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