- Users of some iPhones would soon receive compensation from Apple Inc. following a ruling from a district court
- The decision came after reports of Apple intentionally slowing down older models of iPhones to compel users to get new ones
- The court ruled that each user could be given $25 per device and this could total between $310 million and $500 million
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Apple Inc. is set to pay $500 million or GHC2,697,038,000 to customers for slowing down older versions of iPhones.
This follows a lawsuit after customers argued they were indirectly coerced into buying newer versions.
The beneficiaries are deemed to be the owners of certain models and they would receive $25 per device, which would range between $310 million and $500 million.
Per a CNN report, the decision follows a directive from the US District Court in San Jose, California.
YEN.com.gh has learned that each user’s amount could change depending on the number of filed claims.
There could also be changes depending on the filing of additional legal fees and expenses as approved by the court.
The court’s decision ends a legal exchange that has gone on for over two years during which Apple defended itself against a global backlash.
iPhone users in the United States of America (USA) eligible to file claims are those who can prove they bought iPhone 6, 6 Plus, 6S, 6S Plus, 7, 7 Plus or SE before December 21, 2017.
In other news, an agriculture-inclined business in Zambia, African Green Resources (AGR), has announced a finance scheme for farmers valued at $81 million.
The project, launched on Sunday, March 1, 2020, is designed to provide farm supplies and technology to farmers in exchange for farm produce.
This forms part of AGR’s plan to invest $150 million in Zambia for a series of projects, including a 50-megawatt solar farm and irrigation dam.
Per a report by Reuters, AGR would select 120 commercial farmers, as well as 250,000 small and middle scale farmers under the new programme.
The plan is to increase food security in the country as well as the surrounding regions. The fund would take are of 60,000 tonnes of fertilizer for wheat and soya farming, estimated to be worth $55 million. Another $26 million would be used for projects such as the expansion of grain storage silos.
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