Apple and Tools for Parental Control

 JANA Partners – one of Apple Inc.’s biggest investors – earlier this year wrote to the multinational technology company about technology and children safety.  Apple Inc. only found out about JANA’s (and the California State Teachers’ Retirement System (CalSTRS) that co-wrote the letter request) sentiments, before the letter was publicized.

Apple Inc. claimed the letter was not a result of prior talks that had taken place with either JANA or CalSTRS but nonetheless immediately responded with a promise to upgrade its current child safety features – something it has been offering since 2008.

The letter publicly reported on the Think Differently About Kids website, included the following statement:

“In partnership with experts including Dr. Michael Rich, founding director of the Center on Media and Child Health at Boston Children’s Hospital/Harvard Medical School Teaching Hospital and Associate Professor of Pediatrics at Harvard Medical School, and Professor Jean M. Twenge, psychologist at San Diego State University and author of the book iGen, we have reviewed the evidence and we believe there is a clear need for Apple to offer parents more choices and tools to help them ensure that young consumers are using your products in an optimal manner.”

The letter also offered initial steps for Apple to follow.

James Cannon

About James Cannon

James Cannon is an experienced hedge fund analyst. He has served on the advisory boards for various different Fortune 500 companies as well as serving as an adjunct professor of finance. James Cannon has written for a variety of Financial Magazines both on and off line. Contact James at james[at]businessdistrict.com