Activist Investors Want Apple To Play Role In Combating Growing Crisis Of Kids’ Smartphone Addictions
Jana Partners LLC and the California State Teachers’ Retirement System control about $2 billion of Apple share, and want Apple to take responsibility for what they see as a public health crisis.
Apple Urged To Do More To Combat iPhone Addiction Among Kids
Apple should do more to curb growing smartphone addiction among children, two major investors in the iPhone maker said Monday. In an open letter to the technology giant, New York-based Jana Partners LLC and the California State Teachers’ Retirement System, highlighted increasing concern about the effects of gadgets and social media on youngsters. (Hjelmgaard, 1/8)