Faizel Patel, Radio Islam News – 08-01-2018
pple shareholders Jana Partners and the California State Teachers’ Retirement System (CalSTRS) are urging the smartphone maker to take steps to address what they say is a growing problem of young people getting addicted to Apple’s iPhones.
The Wall Street Journal reported earlier on Sunday that Jana partner Charles Penner, a leading activist shareholder, and CalSTRS, one of the nation’s largest public pension plans, delivered a letter to Apple on Saturday asking the company to consider developing software that would allow parents to limit children’s phone use.
Jana and CalSTRS also asked Apple to study the impact of excessive phone use on mental health.
CalSTRS and Apple did not immediately respond to requests for comment.
Jana and CalSTRS together control about $2 billion (approximately R24.8bn) worth of Apple shares.
The issue of phone addiction among young people has become a growing concern in the United States as parent’s report their children cannot give up their phones.
According to a 2016 survey of children and their parents by Common Sense Media, half of teenagers in the United States feel like they are addicted to their mobile phones and report feeling pressure to immediately respond to phone messages.
– Reuters
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