Apple may owe you $25 for throttling your iPhone

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jet black iphone 7 plus
The iPhone 7 is one of the device listed in the settlement.
Photo: Apple

Apple has reportedly reached an agreement to pay up to $500 million to settle a class-action lawsuit in which it was accused of secretly throttling iPhone CPU speeds.

According to Reuters Apple reached a preliminary agreement for the lawsuit on Friday night. U.S. District Judge Edward Davila still has to approve it, but if the settlement goes through, some U.S. iPhone owners could get paid $25 per iPhone that Apple throttle.

If you owned one of these iPhones covered in the lawsuit, a check might be coming your way:

Fixed Wi-Fi chip flaw leaves many Apple devices vulnerable to intrusion

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iPhone XR test
The iPhone XR uses a Wi-Fi chip that's affected by the vulnerability.
Photo: Apple

Security researchers discovered a critical flaw in Wi-Fi chips made by Broadcom and Cypress Semiconductor that were used in Apple devices.

The discovery was presented at the RSA security conference in San Francisco this morning, revealing that billions of devices could have been affected. Attackers could use the vulnerability to decrypt private data sent over the air. Most manufacturers have already released a patch to fix the issue, but it’s unclear how many of the devices have been updated.

The following Apple devices were affected:

Apple promotes ‘incredible’ iPhone 6s units made in India

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iPhone sales are showing signs of life in India
iPhone sales are showing signs of life in India
Photo: Apple

The iPhone 6s is still alive and well in some markets — one of which is India, where the 2015 flagship is now being manufactured.

Apple is using this to sell the handset to locals. India has become an increasingly important market for the company as smartphone growth in other areas slows to a crawl.

SEC charges Apple’s failed sapphire supplier of misleading investors

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GT Advanced
The back entrance GT Advanced's old sapphire plant in Mesa, Arizona.
Photo: Buster Hein/Cult of Mac

GT Advanced Technologies, the company that was supposed to make sapphire screens for the iPhone early this decade, has been charged with misleading investors by the SEC.

The SEC’s investigation found that GT and its CEO violated antifraud provisions of the federal securities laws as part of its deal to supply Apple with sapphire. After failing to meet certain performance requirements, GT caused “significant investor harm” by reclassifying over $300 million in debt to Apple. Sadly, the company’s punishment is pretty much just a slap on the wrist.

Apple wants tax incentives to boost iPhone assembly in India

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iPhone assembled in India
Coming soon with a 2?
Photo: Indian Express

Apple is hoping to secure new tax incentives in India that will allow it to increase local iPhone production and export more devices to be sold in other countries.

The company has teamed up with other large names in the Indian Cellular and Electronics Association (ICEA) to propose a raise in export credits on smartphone shipments, as well as tariff cuts on imports of components and machinery.

The group argues that manufacturing growth cannot be sustained and accelerated without the changes.

Apple dangles extra $100 trade-in for iPhone XS/XR buyers

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iPhone XR battery life is the best of any iPhone on the market.
The iPhone XR is now even more affordable.
Photo: Kristal Chan/Cult of Mac

Getting your hands on the newest iPhones just got a little bit cheaper.

Apple hasn’t knocked the price down on the iPhone XS or iPhone XR yet, but the company is offering a limited-time promotion that gives customers up to $100 extra when you trade in an old iPhone for a new one.