U.S. government investigates whether Apple violated securities laws with iPhone slowdown updates

Apple is now under investigation by the U.S. Department of Justice and Securities and Exchange Commission to determine whether the company’s iPhone-slowing software update violated securities laws, according to a Bloomberg report. The inquiry is in early stages, and it’s uncertain whether an enforcement action will follow.
Last month, Apple admitted that software updates were responsible for slowing down iPhone 6 and newer devices, explaining that iOS would quietly reduce processor p