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Apple faces a shareholder backlash over what the iPhone may be doing to kids

Two major Apple shareholders are calling on the company to change how it approaches some of its youngest customers, alleging that the computing giant’s products risk causing long-term physical or mental harm to children.

The shareholders, Jana Partners and the California State Teachers Retirement System, together control $2 billion worth of Apple stock. On Saturday, the two groups wrote a letter to Apple’s board of directors arguing that the iPhone’s tremendous popularity and success make it Apple’s responsibility to ensure the devices are not abused.


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