Jan 8, 2018
Apple investors urge action on 'smartphone addiction'
Big investors have called on Apple to develop software that limits how long children can use its smartphones. The call came from two investment groups that hold $2bn of Apple stock between them. Jana Partners and the California State Teachers' Retirement System called on Apple to consider the impact excessive use of smartphones had on the mental health of young people. The two are worried that if Apple does not address growing concerns about smartphone use, its stock market value and general reputation could be damaged. Professor of social psychology at the London School of Economics, said it was good to hear the call from the investors.
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