Apple Sued By Shareholders For Allegedly Overstating AI Progress

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By BeauHDJun 20, 2025, 5:50 pm516 ptsHotTop
Apple is facing a proposed class-action lawsuit from shareholders who allege the company misled investors about the readiness of its AI-powered Siri upgrades, contributing to a $900 billion drop in market value. Reuters reports: Shareholders led by Eric Tucker said that at its June 2024 Worldwide Developers…

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