Technology – Apple faces probe by Paris prosecutors over ‘planned obsolescence’

Paris prosecutors have launched a probe of US tech giant Apple over suspected “planned obsolescence” in some of its iPhone models. It comes after a complaint by the association Stop Planned Obsolescence (HOP or Halte a l’Obsolescence Programmee) that followed Apple’s admission last month that it intentionally slowed down older models of its iPhones over time.… Please follow and like us:

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Judge rejects lawsuit against Airbnb by major landlord

In a win for some renters who rely on Airbnb to make extra cash, a federal judge has dismissed a lawsuit that sought to crack down on hosts using the short-term rental site without their landlords’ permission. Aimco, which owns apartment buildings throughout the U.S., had tried to force San Francisco-based Airbnb to police tenants who… Please follow and like us:

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US Treasury Cites Koch-Funded Research

In a rare instance of one federal agency publicly attacking another, the U.S. Department of the Treasury issued an 18-page report Monday excoriating the Consumer Financial Protection Bureau’s proposed arbitration rule, which would prevent financial institutions from preventing class action lawsuits from customers via consumer contracts. In doing so, the department cited a paper co-authored by… Please follow and like us:

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Judge approves $142 million class-action settlement in Wells Fargo sham accounts scandal

Wells Fargo & Co. has received preliminary approval for its proposed $142 million class-action settlement to compensate possibly millions of customers who had unauthorized accounts opened in their name. On Saturday, a federal judge in San Francisco found that the proposed settlement was “fair, reasonable and adequate.” The decision means that the plaintiffs in the class-action… Please follow and like us:

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