Apple sued by iPhone users after admitting it slows down old devices

Two class-action lawsuits have been filed against Apple, after the company admitted of purposely slowing down older iPhones. The lawsuit is seeking an unspecific amount of money, and Apple has not made a comment about these lawsuits. https://globalnews.ca/news/3931219/apple-sued-iphone-users-slow-phone/  

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Ontario Mall Among World’s Most Notorious Sources Of Pirated Goods

Markham, Ontario's Pacific Mall has recently been named as one of the most notorious sources of counterfeit goods in the world; regional police and RCMP have reportedly seized counterfeit goods such as video games, DVDs, and other electronics from the mall which were said to be valued at millions of dollars. The U.S. Office of the …

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Loblaws in $400 million tax with CRA over claims it set up bogus offshore bank

Loblaws have been accused of having one of the biggest offshore corporate tax-avoidance cases in the country, where they have supposedly set up a bogus foreign bank to avoid tax on millions of dollars in investment income. Loblaws could potentially be charged $404 million in tax bill. The government withdrawal its motion after Loblaws provided …

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Apple purposely slowing down phones

On December 20th, 2017, Apple admitted that they purposely slowed down older phones in order protect battery life. It has been speculated that is this a way of forcing consumers to upgrade their phones regularly, which in return, has increased Apples profit significantly.  Although slowing iPhones down is not a crime, it is a wrong …

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WorldCom Chairman Sentenced to 25 years for fraud

WorldCom, a company ran by Canadian born Bernard J. Ebbers, declared bankruptcy in 2003. Auditors discovered an accounting fraud that was worth between 3.8- 11 billion dollars. This case went to trial in 2005 and Ebbers was sentenced to 25 years in prison for instigating this fraud. http://www.nytimes.com/2005/07/14/business/worldcom-chief-is-given-25-years-for-huge-fraud.html