From PC Mag: Apple is already facing a number of lawsuits for secretly slowing down iPhones, and now the Cupertino tech giant may be in hot water with the federal government.
Bloomberg reports that the US Department of Justice and Securities Exchange Commission are investigating whether the controversial practice violated any securities laws. The feds have asked Apple for information about its iPhone slowdowns, unnamed sources "familiar with the matter" told the news outlet.
"The inquiry is in early stages, they cautioned, and it's too soon to conclude any enforcement will follow," Bloomberg says.
Apple in late December admitted to deliberately cranking down iPhone CPU speeds to offset errors caused by the aging batteries inside, setting off a fury of consumer complaints over why the company kept the practice secret. The issue affects older models including the iPhone 6, iPhone 6s, iPhone SE, and iPhone 7.
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