Apple is facing a shareholder lawsuit accusing the company of fraud, claiming it exaggerated Siri's AI capabilities.
Raluca Ioana Draghici
.webp)
IT&C knowledge
www.shutterstock.com
Always see our news on Google
A group of shareholders has sued Apple, accusing the company of securities fraud for exaggerating the integration of artificial intelligence into Siri. The shareholders, led by Eric Tucker, allege that the claims caused iPhone sales and share price to plunge, estimating losses of hundreds of billions of dollars. The complaint also names the company's leadership, including CEO Tim Cook. Since its all-time high in December 2024, Apple shares have lost nearly a quarter of their value.
Sources
Apple, dată în judecată pentru o presupusă fraudă cu valori mobiliare din cauza exagerărilor privind inteligența artificială în Siri
Apple, dată în judecată de acţionari pentru presupusa exagerare a progresului în domeniul inteligenţei artificiale
Apple, dată în judecată pentru că ar fi exagerat progresul în AI. Acționarii reclamă pierderi uriașe
Latest News
17:59
Novak Djokovic drops out of the ATP Top 10 after a surprising first-round elimination at the US Open
17:58
China injects 53.6 billion dollars into eight banks and insurance companies to support the economy
17:55
Tributes to Ratko Mladić in Serbia despite EU warnings over the glorification of war criminals
17:52
Spain's prime minister accuses the traditional right of giving in to the far right, following the AfD's victory in the state of Saxony-Anhalt
17:51
Hackers use fake job offers to cyberattack people looking for employment.
See more news
NEWS ON THE SAME TOPICS
International
Dozens of Meta employees have filed a lawsuit, accusing the company of using AI to fire them after they requested legal leave.
IT&C knowledge
Apple surpassed Nvidia on Friday, becoming the most valuable company in the world, with a valuation of 4.88 trillion dollars.
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
