Apple: Yes, your iPhone slows as it ages

Apple has admitted to slowing down older iPhones to prevent unexpected shutdowns.  (LilaMax Media)

Apple has admitted to slowing down older iPhones to prevent unexpected shutdowns. The performance is being throttled through a software upgrade. The statement from came two days after John Poole, founder of the computer-performance testing group Geekbench, wrote a blog post illustrating how iPhone computing performance slows as battery health declines on iPhone 6s and iPhone 7 devices. Apple says as the phones age, the battery of the phone can shut down suddenly to protect its electronic components.

AT&T, Comcast, Boeing and Wells Fargo are promising their workers $1,000 bonuses. AT&T's CEO says Congress took a big step in bringing corporate taxes in line with the rest of the world and it will share its savings with workers. It also says it will expand high-speed networks. Hundreds of thousands of employees will get the bonuses nationwide.

U.S. home sales are at an 11-year high. The National Association of Realtors says the hurricane hit areas rebounded but home sales were strong across most of the country. The supply of homes is still tight.

If you've taken a flight in coach anytime in the past 20 years, you may have noticed the seat in front of you creeping closer and closer to your knees -- and you're not growing. Business Insider says airlines are adding more seats, leaving less room for individual passengers. The pitch, or distance between seats, has shrunk. The minimum pitch has gone from 32 inches to 30 inches.

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