Apple's iPhone 6. Photo: Jaap Arriens / NurPhoto via Getty Images
The Department of Justice and the Securities and Exchange Commission will probe Apple over whether the company "violated securities laws concerning its disclosures about a software update that slowed older iPhone models," Bloomberg reports. Apple has faced backlash in recent months after admitting to slowing down phones.
Be smart: Axios’ Ina Fried notes that Apple only slows down phones in a specific condition: when an older battery can’t deliver the power required to run faster.