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Tech

Apple settles false ad lawsuit, potential cash windfall

Published

1 year ago

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Apple could be on the hook to pay out money to its customers after settling a lawsuit over alleged false advertising.

The tech giant recently reached an agreement in a class-action lawsuit that accused the company of misleading advertising practices related to its products. This settlement has the potential to result in a significant cash windfall for eligible Apple customers.

The lawsuit centered around claims that Apple had made false or misleading statements about the capabilities and performance of certain products, including iPhones, iPads, and MacBooks.

Customers argued that Apple’s marketing materials did not accurately represent the products’ features, such as battery life, processing speed, and camera capabilities. As a result, many customers felt deceived and believed they had not received the quality they were promised.

Under the terms of the settlement, Apple has agreed to pay a substantial sum of money to eligible customers who purchased the affected products during the specified period.

The exact amount each customer may receive will depend on various factors, including the specific product purchased and the number of claims submitted. Apple has not admitted to any wrongdoing but has chosen to settle the lawsuit to avoid a lengthy legal battle.

The settlement has raised questions about transparency in the tech industry and the responsibilities of companies to accurately represent their products in marketing materials.

It also highlights the importance of consumer protection laws and the potential financial consequences for companies found to engage in false advertising practices. As Apple prepares to make payments to eligible customers, many are wondering how this settlement will impact the company’s reputation and whether it will lead to more rigorous advertising standards in the future.

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Tech

Trump extends TikTok sale deadline by 90 days

Trump extends TikTok’s sale deadline to US owner by 90 days, ensuring continued access for American users.

Published

20 hours ago

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June 20, 2025

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Trump extends TikTok’s sale deadline to US owner by 90 days, ensuring continued access for American users.

In Short:
President Trump extended the deadline for TikTok’s parent company, ByteDance, to sell the app to an American owner by 90 days, allowing it to operate in the U.S. until September 17, 2025. He hopes for a deal with China while maintaining TikTok’s presence for its 170 million U.S. users amidst security concerns.

President Donald Trump has extended the deadline for TikTok’s parent company, ByteDance, to sell the app to an American owner by another 90 days.

The executive order signed by Trump allows the Chinese company to continue operating in the U.S. until September 17, 2025. Trump announced the extension on Truth Social, expressing hope for a deal with Chinese President Xi Jinping.

During a flight on Air Force One, Trump suggested that Xi would be willing to approve a sale if a buyer appeared. White House Press Secretary Karoline Leavitt emphasised the administration’s aim to keep TikTok available for American users while ensuring data security.

TikTok has approximately 170 million users in the U.S., with declining support for a ban, according to Pew Research. An initial ban on the app, instituted under the Biden Administration over national security issues, briefly took effect but was reversed after Trump indicated he would allow TikTok to continue.

TikTok has asserted that it does not pose any security threats to the U.S. and that American data is not stored in China. Following the extension, users have returned to TikTok, with reduced engagement on competing platforms.

Past potential buyers include Amazon and Reddit co-founder Alexis Ohanian, though no sale was finalised due to trade tensions. Under U.S. law, ByteDance must sell TikTok to a U.S. buyer, but the company has remained silent about its intentions.

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Tech

Smart glasses could replace smartphones by 2035

“Experts predict smart glasses powered by AI will replace smartphones by 2035, transforming our tech interactions.”

Published

3 days ago

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June 18, 2025

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“Experts predict smart glasses powered by AI will replace smartphones by 2035, transforming our tech interactions.”


Smart Glasses Could Replace Smartphones by 2035 — Experts say wearable tech powered by AI is on track to replace smartphones within a decade. T

These sleek, voice-first devices are poised to transform how we interact with technology, with tech giants investing heavily in the space. Will your next phone fit on your face?

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#SmartGlasses #TechRevolution #AI #Wearables #FutureTech #BigTech #VoiceFirst #NextGenDevices

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AI will reduce Amazon workforce, CEO Andy Jassy predicts

Amazon CEO predicts AI will shrink workforce, altering job types, but won’t lead to immediate mass layoffs.

Published

3 days ago

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June 18, 2025

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Amazon CEO predicts AI will shrink workforce, altering job types, but won’t lead to immediate mass layoffs.

In Short:
Amazon CEO Andy Jassy warns that advancements in artificial intelligence may reduce the workforce over time, primarily through attrition rather than mass layoffs. Many industries, including retail, are adopting AI, which could lead to job cuts while creating new specialised roles.

Amazon CEO Andy Jassy has indicated that advancements in artificial intelligence (AI) will likely lead to a decrease in the workforce within the company in the coming years.

In a recent communication to employees, Jassy described generative AI as a transformative technology that is already changing Amazon’s operations and customer interactions.

While he did not specify the exact extent of job reductions, he acknowledged that improvements in efficiency through AI would result in fewer roles.

Upcoming changes will primarily occur through attrition rather than mass layoffs, as seen in previous years. Certain teams may face layoffs, particularly those related to products like Alexa.

Impacts of AI

Jassy’s remarks are among the strongest from a large corporation regarding the potential impacts of AI on employment.

Various industries, including retail and pharmaceuticals, are adopting AI for multiple functions, which necessitates new job roles but also implies potential job cuts.

Surveys show a significant percentage of employers anticipate downsizing their workforce as a result of AI.

In the tech sector, many companies are prioritising the hiring of individuals with AI skills, as AI tools become integral to business efficiency.

Amazon plans to heavily invest in AI infrastructure. Jassy noted that the company is developing over 1,000 AI agents to enhance its productivity.

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