Apple sued by shareholders for allegedly overstating AI progress

Business

Edition: Singapore Indonesia Asia US/UK Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it needed to integrate advanced artificial intelligence into its Siri voice assistant, hurting iPhone sales and its stock price. The complaint covers shareholders who suffered potentially hundreds of billions of dollars of losses in the year ending June 9, when Apple introduced several features and aesthetic improvements for its

Apple sued by shareholders for allegedly overstating AI progress https://www.channelnewsasia.com/ - 20.06.2025 23:05
Apple sued by shareholders for allegedly overstating AI progress https://www.channelnewsasia.com - 20.06.2025 22:44

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Apple sued by shareholders for allegedly overstating AI progress https://www.channelnewsasia.com/ - 20.06.2025 23:05
Apple sued by shareholders for allegedly overstating AI progress https://www.channelnewsasia.com - 20.06.2025 22:44