Apple has settled for $250 million on Tuesday in a shareholder lawsuit brought after the company delayed artificial-intelligence upgrades to its Siri voice assistant.
The lawsuit, filed by Peter Landsheft in US federal court in California in 2024, arose after the iPhone maker announced and started running advertisements for a bevy of AI upgrades at its annual software developer conference in 2024, saying they would become available with new iPhones that fall.
The iPhones launched without those features, which the plaintiffs claimed harmed shareholders. In 2025, Apple said that the AI overhaul of Siri would not come until this year, and executives have now confirmed that the new Siri features will be unveiled at Apple's annual developer conference next month.
Apple did not admit to any fault in the settlement, which still needs approval from a judge. In a statement, Apple said it released numerous other AI features since the launch of what it calls Apple Intelligence in 2024.
"Apple has reached a settlement to resolve claims related to the availability of two additional features. We resolved this matter to stay focused on doing what we do best, delivering the most innovative products and services to our users," the company said in a statement.
The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
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