Displaying items by tag: Shareholders

Disgruntled shareholders have been given the go-ahead to file a class action against Apple, after its chief executive, Tim Cook, allegedly played down the falling demand for iPhones in China, resulting in huge losses for investors.

Australian-listed cloud-based IT solutions provider Linius Technologies says it has received firm commitments from professional investors to raise $5 million.

Apple has responded to concerns raised by its shareholders over the company’s role in enabling the government of China’s cyber-surveillance and censorship, by adopting a new human rights policy, according to activist group SumOfUs and a coalition of investors and human rights groups.