Apple has agreed to pay $95 million to settle a class-action lawsuit alleging that its voice-activated assistant, Siri, violated users' privacy by routinely recording conversations, even when the activation was unintentional, according to a report in Reuters.
Apple is offering rare discounts on iPhones in China for the second year in a row. The company faces increased competition in China, where it missed earnings estimates last quarter.
Jason Ware, chief investment officer at Albion Financial Group, joins CNBC's 'Money Movers' to discuss why he's underweight in Nvidia, outlooks on tech in 2025, and more.
Apple agreed to resolve a class-action lawsuit that alleged the company obtained private communications and shared them with third-parties without consent through Siri.
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UBS analysts led by David Vogt slashed their iPhone sales estimates even further below Wall Street's consensus amid China weakness.
Apple Inc (NASDAQ:AAPL, ETR:APC) has agreed to pay $95 million in cash to settle a proposed class action lawsuit that alleged its voice-activated assistant Siri violated user privacy. It was alleged Siri was unintentionally activated and obtained information from users which was shared with third parties without their consent.
Apple Inc. (NASDAQ: AAPL) wrapped up 2024 on a high note, delivering an impressive 34% annual gain and significantly outperforming the S&P 500 Index's (SPX) 25% return.
Mobile device owners complained that Apple routinely recorded their private conversations after they activated Siri unintentionally, and disclosed these conversations to third parties such as advertisers.
Apple Inc. stock finished 2024 near all-time highs despite disappointing AI features and stagnant growth. Apple Intelligence failed to meet user expectations, with limited new features and heavy reliance on existing AI services like ChatGPT. The tech giant failed to deliver meaningful growth in other new products, such as Vision Pro.
The artificial intelligence (AI) revolution is far from over. Just ask Wedbush Securities' Dan Ives, who's still pounding the table on the AI-driven rally in tech stocks for the new year.
Apple agreed to pay $95 million in cash to settle a proposed class action lawsuit claiming that its voice-activated Siri assistant violated users' privacy.