Investors push Apple to develop tools to respond to smartphone addiction in youth
Monday, 8 January 2018 () Two large Apple shareholders are questioning the smartphone maker, saying it needs to respond to what’s seen as a “growing public health crisis” of smartphone addiction in young people, reports The Wall Street Journal. Activist investors Jana Partners and the California State Teachers’ Retirement System (Calstrs) pension fund own $2 billion worth of Apple shares. They wrote a letter to Apple asking it to help parents limit phone use through developing new software tools, and to also investigate the impact of using phones too much on mental health.
The letter cites studies that show American teenagers receive their first smartphones at the age of 10, and spend an average of 4.5 hours a day on it (excluding texting and talking times). It...
Jana Partners and the California State Teachers’ Retirement System urge smartphone maker to address what they say is a growing problem Globe and Mail - Business
Smartphone giant Apple Inc (NASDAQ:AAPL) was back in the frame on Monday as two of its major investors called on the group to assess the mental health... Proactive Investors - Business
Two major Apple investors have urged the iPhone maker to take action to curb growing smartphone addiction among children, highlighting growing concern about the... New Zealand Herald - Business
Apple should do more to reduce growing smartphone addiction among children, said two major investors on Monday (via USA Today). In an open letter to the tech... MacRumours.com - Computer Industry
NEW YORK (AP) — Two Apple investors are urging the iPhone maker to take action to curb growing smartphone addiction among children. Jana Partners LLC and the... SeattlePI.com - Business
Two large Apple shareholders are questioning the smartphone maker, saying it needs to respond to what’s seen as a “growing public health crisis” of smartphone addiction in young people, reports The Wall Street Journal. Activist investors Jana Partners and the 
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