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Apple should address youth phone addiction, say two large investors

Reuters  |  NEW YORK 

By Elizabeth DiltsNEW YORK (Reuters) - Apple Inc shareholders Jana Partners and the California State Teachers' Retirement System 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, Jana partner Charles Penner said.Jana, 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, the Wall Street Journal reported on ...

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First Published: Tue, January 09 2018. 06:47 IST
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