Apple is issuing an apology to customers and offering a $50 discount on battery replacements for a year. The statement comes as the company faces a firestorm -- including several lawsuits -- after admitting it slowed down the performance of older iPhones as their batteries deteriorated. The discounted $29 batteries will be available to customers with an iPhone 6 or higher through December, 2018.
Netflix's latest original film may not be getting great reviews, but it appears people are still watching it. Some 11 million people viewed the Will-Smith-helmed "Bright" in the first three days since its release, according to Nielsen. That compares to the 3 million who watched the crown...and the nearly 16 million who tuned in for the second season of stranger things.
.The 90 million dollar movie, directed by the man behind the similarly panned "Suicide Squad," has brought in scathing reviews...but Netflix has already ordered a sequel.
Monthly VC funding fell below $20 billion in February, marking a two-year low. Jager McConnell, CEO of Crunchbase, joined Cheddar News to discuss the current funding climate and what lies ahead.
Longtime Starbucks CEO Howard Schultz is facing sharp questioning before the Senate Health, Education, Labor and Pensions Committee where he is defending the company’s actions during an ongoing unionizing campaign.
Apple Pay is getting in on the buy now pay later boom with a feature allowing users to split purchases into four separate payments over six weeks at no additional cost or interest.
UBS says it’s bringing back former CEO Sergio Ermotti to lead the Swiss bank as it moves forward with a government-orchestrated plan to take over struggling rival Credit Suisse.
San Francisco-based technology startup Illumix just closed a $18 million Series A round of funding, and in a rare move for the Shark Tank star, Mark Cuban contributed.
Austin Graff, founder and CIO of Opal Capital in Austin, Texas, offers his take on why stocks opened higher Wednesday, saying investors appear tentatively optimistic about regulatory actions being taken around struggling banks, even as they remain worried about the long-term consequences of federal action on the sector. "
Credit Suisse violated a plea agreement with U.S. authorities by failing to report secret offshore accounts that wealthy Americans used to avoid paying taxes, U.S. lawmakers said Wednesday.
