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Apple Responds After Being Fined Alongside Goldman Sachs for 'Apple Card Failures'


Following an investigation, the Consumer Financial Protection Bureau (CFPB) today announced it has fined Apple and Goldman Sachs nearly $90...

Upon learning about these inadvertent issues years ago, Apple worked closely with Goldman Sachs to quickly address them and help impacted customers. This update marks the first significant step forward in Apple's AI integration, offering a new Siri contextually-aware experience and a range of additional capabilities powered by on-device machine learning and large language models. Writing in his latest Power On newsletter, Gurman's sources within Apple tell him that the company's own studies suggest its upcoming AI features lack the "wow factor" of rival technologies...

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Apple Card failures

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Goldman, Apple to Pay $89 Million After CFPB Card Probe

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Apple and Goldman Sachs fined over $89 million for “Apple Card failures”