Apple today has agreed to settle a nearly two year-old lawsuit with a group of parents over unauthorized in-app purchases made by their kids. The parents complained that the process' lack of password requirement led to massive iTunes bills.
As part of the preliminary deal, which has yet to be finalized by a judge, Apple will pay eligible class members with a $5 iTunes gift card or the same amount in cash. And for those users who spent more than $30, it's offering a full refund...