Apple's Bad Week: FTC Pressure, Delayed Siri AI, and a Stock Sell-Off

Apple's bad week: FTC pressure, delayed Siri AI, and a stock sell-off

The latest catalyst for the sell-off is an FTC letter sent to Apple CEO Tim Cook, alleging that Apple News promotes liberal media outlets while suppressing conservative ones. According to the agency, this alleged left-wing bias violates federal consumer protection laws and raises "serious questions" about whether the company is...Read Entire Article

Apple's stock has worst day since April as iPhone maker faces FTC scrutiny, reports of Siri delay

The iPhone maker faces reported delays in its AI assistant and pressure from FTC chair Andrew Ferguson to look into possible political bias.

Apple's worst day since April

From "Apple’s stock has worst day since April as iPhone maker faces FTC scrutiny, reports of Siri delay" posted Thursday by CNBC.

Apple stock today: AAPL steadies premarket after 5% drop as Siri AI delays and FTC letter hang over shares

Apple shares rose 0.1% premarket Friday after a 5% drop Thursday that erased $200 billion in market value. Traders weighed reports of internal setbacks in Apple’s Siri overhaul and an FTC warning letter about Apple News. A U.S. jury cleared Apple in a 4G patent case brought by Optis Wireless. Investors awaited January CPI data due at 8:30 a.m. ET. The post Apple stock today: AAPL steadies premarket after 5% drop as Siri AI delays and FTC letter …