DOJ, SEC Probe Apple Over Updates That Slow Older iPhones

Apparently, The Department of Justice and the Securities and Exchange Commission are investigating whether Apple violated securities laws concerning its disclosures about a software update that slowed older iPhone models. The government has requested information from the company. The inquiry is in early stages, apparently, and it’s too soon to conclude any enforcement will follow. Investigators are looking into public statements made by Apple on the situation. While the slowdown has frustrated consumers, US investigators are concerned that the company may have misled investors about the performance of older phones.