Apple Pays $250M Over iPhone 16 AI Claims | Business and Finance News

Apple’s facing a major class-action lawsuit over the iPhone 16, accused of misleading customers with hype around AI-powered Siri features that weren’t ready at launch. The case, started by Peter Landsheft in March 2025, now includes thousands of plaintiffs claiming they were duped into buying phones they didn’t need. Apple denies deception, arguing it delivered Apple Intelligence features and more upgrades are coming via software updates. A $250 million settlement has been preliminarily approved—with final approval set for February 27—and eligible buyers (U.S. customers who purchased iPhone 16, 15 Pro, or Pro Max between June 10, 2024, and March 29, 2025) could receive $25 to $95 per device, depending on claim volume. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f977b024e6c6b4a5