00:00It's Benzinga bringing Wall Street to Main Street.
00:02Apple has agreed to pay $95 million to settle a five-year-old lawsuit alleging that its Siri
00:07virtual assistant eavesdropped on users without consent. The lawsuit claims Siri recorded
00:12conversations even when not activated by trigger words and shared some recordings with advertisers.
00:17Apple denies wrongdoing, but the settlement allows eligible users of Siri-equipped devices
00:22from September 2014 to December 2023 to claim up to $20 per device, capped at five devices.
00:28The $95 million settlement is a small fraction of Apple's $705 billion in profits since 2014,
00:36and the $1.5 billion potential liability it found guilty of privacy law violations.
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