194 new news items in the last 24 hours

22 June 08:50

Apple is facing a shareholder lawsuit accusing the company of fraud, claiming it exaggerated Siri's AI capabilities.

Raluca Ioana Draghici

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IT&C knowledge

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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

ȘTIRI PE ACELEAȘI SUBIECTE

Economy

Apple shares rose to $262.24, a new all-time high, due to positive estimates for iPhone 17 sales.

Economy

Apple has surpassed the threshold of 4 trillion dollars in market capitalization, due to strong demand for the new iPhone models, despite challenges in the sector.

IT&C knowledge

Apple recorded revenues of 102.47 billion dollars, with a profit of 27.47 billion, significantly up compared to last year.

International

Microsoft is accused by the Australian Competition and Consumer Commission of having deceived 2.7 million customers into paying higher subscriptions for Microsoft 365

IT&C knowledge

Over 800 public figures, including Steve Wozniak, co-founder of Apple, and Richard Branson, founder of Virgin, are calling for a ban on "artificial superintelligence".

International

Apple will broadcast Formula 1 races in the USA starting next year, through a five-year partnership valued at 700 million dollars.

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