The LA Unified School District (LAUSD) will receive a settlement worth $4.2 million from Apple for the ill-fated program that aimed to put an iPad in the hands of 640,000 students in the city. Cupertino was supposed to earn $30 million from the $1.3 billion project, but it was apparently riddled with issuesfrom the beginning. It didn't take long for the initiative to crumble, and LAUSD -- accused of mismanagement, miscalculation and corruption among other things -- is now under FBI investigation for the bidding process that spawned the contract.
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