Apple to Pay $113 Million Settlement for Slowing Down Older iPhones

Apple will pay $113 million to settle an investigation by nearly three dozen states into the tech giant’s past practice of slowing customers’ old iPhones in an attempt to preserve their batteries. The company’s much maligned throttling efforts drew nationwide scorn when they came to light in 2017, stunning consumers who at the time saw it as an attempt to nudge them into buying newer, more expensive devices.