Apple to refund millions for kids in app purchases
Keywords : apple to refund millions for kids in app purchases,apple refunding for kids apps,apple and kids,apple needs to refund for kids,apple refunding,apple refunding for kids,latest apple and kids, Apple will refund millions of dollars to consumers for allowing kids to make in-app purchases without their parents consent. NEW YORK (CNNMoney) Apple will refund millions of dollars to consumers after allowing kids to make purchases in apps without their parents consent. Apple will pay at least $32.5 million, after reaching a settlement with the Federal Trade Commission Wednesday. FTC Commissioner Edith Ramirez said that Apple ( AAPL , Fortune 500) failed to notify parents that once they enter their Apple passwords for children to buy virtual items for games on their iPhones and iPads, they leave open a 15-minute window during which children can make additional and unlimited in-app purchases without additional parental authorization. These charges generally range from 99 cents to...