Apple Admits to Slowing Phones and the End of Wearables?

A rare admission from Apple, as the tech giant admits to slowing down old phones to prevent battery burnout. The company says the software is meant to keep iPhone 6s and 7s from unexpectedly shutting down because the processor has burnt out. But skeptics wonder if the company is trying to force users to upgrade to newer, more expensive phones. And a new report from eMarketer predicts usage of wearables will slow next year, with smartwatch user growth dropping to less than 6 percent by 2021.

More In Business

The Future Of Sports Betting And iGaming

Brian Goodman from Global Matrix Group talks with Dave Briggs about the future of sports betting online and how the popular pastime will evolve. Watch!

Cash is King: Unraveling Buffett’s $182 Billion Berkshire Stash

When the Oracle of Omaha speaks, the markets listen. That’s particularly true at the recent annual Berkshire Hathaway meeting.

Grounds for Concern? Starbucks’ Sales Slip and the Road Ahead

For decades, it’s been a trope: you can find a Starbucks on every corner. But proximity is no guarantee of long-term success, even in the coffee industry.

Cannabis Rescheduling Could be the ‘First Domino’ to Federal Reform

The Biden administration is set to change marijuana from a Schedule I to Schedule III drug. It could be the first step to sweeping change.

Has Disney Lost the Magic? What Its Latest Results Mean for the Company

Disney's box office and cable results disappoint, but the the House of Mouse is doubling down when it comes to streaming.

Tesla Would Die a Slow and Painful Death as a Strictly EV Company

Tesla is being investigated for allegedly misleading investors about its self-driving capabilities. And one analyst says the company 'needs' that tech to grow.

A Timeline of the Collapse at FTX

FTX said in a court filing late Tuesday that it owes about $11.2 billion to its creditors.

Taste a Meteorite (Literally!) with Pegasus Distillerie's Shooting Star

Pegasus Distillerie's U.S. launch is accompanied by a brand-new spirit, Shooting Star vodka. Its secret ingredient? A meteorite.

Grab a Mimosa: Brunch Is the Most Important Meal of the Day

One thing inflation-battered consumers aren't willing to give up: breakfast and brunch at their favorite restaurants.

Is a $1,300 iPad the Innovation Apple Needs Right Now?

Apple’s latest event promised to usher in a new era for the company’s iPads, but what’s missing is cohesion as it gets closer to the developers conference.

Load More