Apple: shareholders demand remedies to avoid smartphone dependence on boys

Apple Inc shareholders Jana Partners and the California State Teachers' Retirement System are urging the smartphone maker to take action to address what they say is a growing problem of young people becoming addicted to Apple's iPhones, Jana Charles partner said. Penner.
Jana, a major 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 restrict the use of phones. for children, the Wall Street Journal writes.
Jana and CalSTRS also asked Apple to study the impact of excessive phone use on mental health, according to the publication.
CalSTRS and Apple did not respond immediately to requests for comment.

Jana and CalSTRS together control about 2 billions of dollars of Apple shares, reports the Journal.
The issue of social rights is a new turning point for Jana, who is known for pushing companies in which she invests to make financial changes.
However, the issue of phone addiction among young people has become a growing concern in the United States as parents report that their children can not give up their phones. CalSTRS and Jana fear that Apple's reputation and stock could be damaged if it did not respond to these concerns, according to the Journal.
Half of teens in the United States feel like they are dependent on their cell phones and report pressure to respond immediately to telephone messages, according to a survey conducted in 2016 about children and their parents from Common Sense Media.
The phone addiction issue got a major boost from former Disney child Selena Gomez, 24, who said she canceled a 2016 world tour to go to therapy for depression and low self-esteem, feelings she linked to her addiction. from social media and the app for sharing photos on Instagram mobile devices.

Apple: shareholders demand remedies to avoid smartphone dependence on boys