Apple responds to government probe into iPhone slowdowns

Apple Inc. said it’s responding to government probes into a software update that slowed the performance of older iPhones. The U.S. Department of Justice and the Securities and Exchange Commission are investigating whether Apple violated securities laws concerning its disclosures about a software update that slowed some handsets, people familiar with the matter told Bloomberg News on Tuesday. The U.S. government has requested information from the company, according to the people, who asked