Apple agrees to settle lawsuit over iTunes gift card scam


FILE PHOTO: Customers enter the Apple store on 5th Avenue beneath an Apple logo in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar/File Photo

(Reuters) - Apple has agreed to settle a lawsuit accusing the company of knowingly letting scammers exploit its gift cards, and keep stolen funds for itself.

According to a filing on Wednesday in federal court in San Jose, California, Apple and the plaintiffs have agreed on material settlement terms after working with a mediator.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Opinion: Google’s chess master is working on AI's killer app
Samsung Electronics highlights progress in HBM4 chip supply
Starlink plans to lower satellite orbit to enhance safety in 2026
Bye, bye standby: Simple steps to stop hidden power guzzlers at home
Modern car safety assistance systems: How do they make driving safer?
10 pieces of tech jargon that confused us in 2025
Neuralink plans 'high-volume' brain implant production by 2026, Musk says
Samsung’s first trifold phone is expensive and half-baked
Bitcoin set for first yearly loss since 2022 as macro trends weigh on crypto
Trump Media unveils plan to distribute new cryptocurrency to shareholders

Others Also Read