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Apple Accused of Misleading Consumers with Carbon Neutral Claims

The company faces a new class action lawsuit that alleges it misled consumers by claiming certain Apple Watches are carbon neutral. Apple's carbon neutrality claims rely on offsetting or cancelling out the pollution generated by the products, but the suit argues these efforts were faulty and did not actually reduce the company's greenhouse gas emissions. The lawsuit highlights how difficult it is to make promises about a product's sustainability by attempting to offset or capture the carbon dioxide emissions it generates.

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Apple Sued over 'Carbon Neutral' Claim for Watches Δ1.97

Apple faces a lawsuit from consumers alleging that its claims regarding the "carbon neutral" status of three Apple Watch models are misleading and false. The plaintiffs argue that the carbon offset projects Apple relied upon for its environmental claims do not actually result in genuine reductions in carbon emissions, suggesting that the company's marketing may have misled consumers into purchasing the watches. This legal challenge highlights the growing scrutiny of corporate sustainability claims and consumers' increasing demand for transparency in environmental practices.

Apple Sued over 'Carbon Neutral' Claim for Watches Δ1.94

Apple has been sued by consumers who said its claim that three versions of Apple Watches are "carbon neutral" and environmentally friendly is false and misleading. In a complaint filed on Wednesday in San Jose, California federal court, seven purchasers of the green-tagged Apple Watch Series 9, SE and Ultra 2 said they would not have bought their watches or would have paid less had they known the truth. Apple launched the watches in September 2023, saying they would be carbon neutral through a combination of lower emissions and purchases of carbon offsets.

Apple Faces Likely French Antitrust Fine for Privacy Tool, Sources Say Δ1.74

Apple is facing a likely antitrust fine as the French regulator prepares to rule next month on the company's privacy control tool, two people with direct knowledge of the matter said. The feature, called App Tracking Transparency (ATT), allows iPhone users to decide which apps can track user activity, but digital advertising and mobile gaming companies have complained that it has made it more expensive and difficult for brands to advertise on Apple's platforms. The French regulator charged Apple in 2023, citing concerns about the company's potential abuse of its dominant position in the market.

Tariffs Cast a Cloud over Apple's Market Performance: Cramer Weighs In Δ1.73

Apple Inc.'s (AAPL) stock has been under pressure due to ongoing uncertainty around tariff policies, which Jim Cramer believes is having a significant impact on market movements. The constant mention of tariffs by President Trump and other high-profile officials has become a recurring theme that investors are starting to worry about. As a result, the stock market's focus has shifted away from other major economic concerns, such as the bond market.

Environmental NGO Sues US EPA, Citibank over Funding Δ1.73

The environmental nonprofit Climate United Fund is suing the US Environmental Protection Agency and Citibank over billions of dollars in frozen grant money intended to encourage climate-friendly power. The group alleges that the EPA's actions are preventing the dispersal of funds, harming its borrowers and the communities they serve. The suit is part of a broader effort by non-profits and state attorneys general to challenge President Trump's rollbacks of Democratic policies.

Environmental NGO Sues Trump's EPA, Citibank over Funding Freeze Δ1.72

The Environmental Non-Profit Organization (Climate United) is suing the U.S. Environmental Protection Agency (EPA) and Citibank for billions of dollars in solar and other projects frozen by the bank as part of the Trump administration's spending cuts. The lawsuit alleges that the EPA's actions prevented Citibank from dispersing funds, causing harm to Climate United, its borrowers, and the communities they serve. This case is part of a series of lawsuits filed by non-profit groups, state attorneys general, and others challenging President Donald Trump's efforts to roll back policies implemented by his predecessor, Joe Biden.

Here Are the Best Apple Watch Deals Right Now Δ1.72

Apple has launched several new smartwatch models, including the Series 10 and Ultra 2, leading to an influx of deals across all Apple Watch variants. The Series 10 features enhancements such as a larger OLED display and new health sensors, while previous models like the Series 9 and SE also see significant discounts, making them more appealing for budget-conscious consumers. With each generation offering varying features and pricing, consumers are presented with a diverse range of choices to suit their needs and budgets.

Apple Inc.'s Data Center Spending Sparks Concern over Market Dominance Δ1.72

Apple Inc. (NASDAQ:AAPL) has been criticized for its significant spending on data centers, with some analysts questioning whether the investment is necessary and justifiable given the company's market dominance. The massive expenditures have raised concerns about the environmental impact of Apple's expansion into cloud computing and data storage. Apple's dominance in the technology sector has led to worries about the implications of this trend for competition and innovation.

Eu Green Finance Row-Back Sets Climate Investment Challenge Δ1.71

The European Commission's decision to reduce its sustainability reporting rules poses significant challenges for investors looking to support the EU's climate goals. By limiting mandatory disclosures primarily to large firms and relying on voluntary reporting from smaller companies, the move may lead to critical data gaps that hinder effective investment decisions. Critics argue that these changes could undermine the EU's climate targets by delaying transparency and accountability in corporate emissions reporting.

Apple Introduces New Child Safety Initiatives Δ1.71

Apple has announced a range of new initiatives designed to help parents and developers create a safer experience for kids and teens using Apple devices. The company is introducing an age-checking system for apps, which will allow parents to share information about their kids' ages with app developers to provide age-appropriate content. Additionally, the App Store will feature a more granular understanding of an app's appropriateness for a given age range through new age ratings and product pages.

Apple Makes One Hardware Change to the iPad Air That Might Be the Best Indicator of Its True Lightness Δ1.71

Apple's recent update to the iPad Air M3 models includes the notable absence of the "iPad Air" label on the back, signaling a shift in how the brand defines "Air." While the new models feature a more powerful M3 chip, they are no longer the thinnest or lightest in the iPad lineup, which raises questions about the significance of the "Air" branding. This change reflects a broader strategy where performance and affordability may take precedence over merely being the lightest option available.

When Corporations Betray Consumers' Trust: The Economic Blackout That's Sparking Change Δ1.71

A retail boycott is hitting major US businesses Friday as an online campaign calls for Americans to spend nothing at places such as Walmart, Target, Amazon and McDonald’s. The motivation for the so-called "economic blackout" are varied, according to John Schwarz, founder of the grassroots organization The People’s Union, with Schwarz advocating for price reductions and tax avoidance by major corporations, while also condemning companies that have backed away from diversity, equity and inclusion (DEI) policies. This movement reflects growing concerns about corporate accountability and the power of consumer activism in driving change.

Hisense Hit with Class Action Lawsuit over Misleading QLED TV Claims, Buyers May Be Affected Δ1.70

Hisense is facing a class action lawsuit over misleading QLED TV advertising, alleging false claims about Quantum Dot technology. A prior lawsuit has also accused Hisense of selling TVs with defective main boards. The company's marketing practices have raised concerns among consumers, who may be eligible for repairs or refunds depending on the outcome of the lawsuit.

Intel Shareholder Lawsuit Dismissed — Complaints Stemmed From Single-Day $32B Devaluation in 2024 Δ1.70

A federal judge on Wednesday dismissed a lawsuit against Intel, which accused the company and its management of hiding financial troubles of its semiconductor manufacturing division in 2023. The U.S. District Judge Trina Thompson in San Francisco ruled that plaintiffs failed to present evidence that Intel and its executives committed any wrongdoing. The case was dismissed without prejudice, meaning the plaintiffs can file an amended complaint with stronger evidence.

Apple Inc. (Aapl) Maintained at ‘Buy’ as Iphone 16e and Ai Investments Boost Optimism Δ1.70

Apple's decision to invest in artificial intelligence (AI) research and development has sparked optimism among investors, with the company maintaining its 'Buy' rating despite increased competition from emerging AI startups. The recent sale of its iPhone 16e model has also demonstrated Apple's ability to balance innovation with commercial success. As AI technology continues to advance at an unprecedented pace, Apple is well-positioned to capitalize on this trend.

Apple Refuses to Break Encryption, Seeks Reversal of UK Demand for Backdoor Δ1.70

Apple's appeal to the Investigatory Powers Tribunal may set a significant precedent regarding the limits of government overreach into technology companies' operations. The company argues that the UK government's power to issue Technical Capability Notices would compromise user data security and undermine global cooperation against cyber threats. Apple's move is likely to be closely watched by other tech firms facing similar demands for backdoors.

Eu Emission Targets Softened for Cars: Stellantis Welcomes Announcement Δ1.70

Stellantis has welcomed the European Commission's proposal to soften the bloc's carbon emission targets for cars, which will give automakers three years instead of one to meet new CO2 emission standards. The extended compliance period is seen as a "meaningful step in the right direction" to preserve the auto industry's competitiveness while reducing its environmental impact. This move is expected to provide a boost to Stellantis and other European automakers, enabling them to invest more in electrification and reduce their greenhouse gas emissions.

Apple Introduces New Child Safety Initiatives, Including Age Verification System for Apps Δ1.70

Apple has announced a range of new initiatives designed to help parents and developers create a safer experience for kids and teens using Apple devices. In addition to easier setup of child accounts, parents will now be able to share information about their kids’ ages, which can then be accessed by app developers to provide age-appropriate content. The App Store will also introduce a new set of age ratings that give developers and App Store users alike a more granular understanding of an app’s appropriateness for a given age range.

UNA Watch Is the Sustainable Wearable That Wants to Replace Your Apple Watch Δ1.70

UNA Watch introduces a modular and sustainable alternative in the wearable technology space, allowing users to replace individual components like batteries and screens, akin to building with Lego. Backed by a £300,000 investment, the Edinburgh-based company aims to challenge the disposability of current wearables, exemplified by the Apple Watch's design limitations. With features such as GPS, health monitoring, and a 10-day battery life, the UNA Watch is set to launch on Kickstarter, attracting significant early interest.

Apple Watches Are Hitting the Ice in Latest Sports Push Δ1.69

Apple is enhancing its presence in the sports industry by equipping NHL referees with Apple Watches to streamline game monitoring this season. The initiative allows referees to access critical game data without diverting their attention from the action, utilizing haptic feedback to alert them about key events. This collaboration not only showcases Apple's technology but also reflects a strategic partnership with professional sports leagues to market its products effectively.

Breakingviews - Climate Policy Requires a More Realistic Approach Δ1.69

The pursuit of net zero carbon emissions has been a resounding failure. Despite trillions of dollars spent on renewable energy, hydrocarbons still account for over 80% of the world's primary energy and a similar share of recent increases in energy consumption, according to The Energy Institute. Coal, oil, and natural gas production are at record highs.

Apple Quietly Updates AirPod Cleaning Guidance, Recommends Belkin Kit Δ1.69

Apple has published new instructions for cleaning its AirPods 3 and AirPods 4 models, recommending the use of a third-party Belkin AirPods cleaning kit. The company's guidelines specify the materials needed to clean the earbuds, including micellar water and distilled water, and provide step-by-step procedures for each model. Apple's move suggests a desire to standardize cleaning procedures for its popular wireless earbuds.

Judge Denies Musk's Bid to Block OpenAI's For-Profit Shift, Fast Tracks Trial Δ1.69

A U.S. judge has denied Elon Musk's request for a preliminary injunction to pause OpenAI's transition to a for-profit model, paving the way for a fast-track trial later this year. The lawsuit filed by Musk against OpenAI and its CEO Sam Altman alleges that the company's for-profit shift is contrary to its founding mission of developing artificial intelligence for the good of humanity. As the legal battle continues, the future of AI development and ownership are at stake.

IPhone 17 Air's Silicon-Carbon Chemistry Hints at Competitive Battery Performance Δ1.69

The iPhone 17 Air is expected to feature a revolutionary new battery technology, silicon-carbon chemistries, which promises significantly improved energy density levels and may even enable the device to match the battery capacity of its flagship models. This could be a game-changer for Apple's next-gen smartphone, potentially restoring competitiveness in the market. With its thin profile set to be under 6mm thick, the iPhone 17 Air is already generating significant interest among tech enthusiasts.