Apple agreed this week to pay $95 million to settle a class action claiming its voice-activated Siri assistant violated users' privacy by recording conversations, court documents show. Why it matters: The tech giant said in the preliminary settlement agreement that it "continues to deny any and all alleged wrongdoing and liability.

Apple has agreed to pay $95 million to settle a lawsuit that accused the company of turning its virtual assistant Siri into a snoop that eavesdropped on the users of iPhones and other trendy devices in a betrayal to its long-standing commitment to personal privacy.