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Investors want Apple to do more to fight kids' smartphone addiction

Apple should do more to curb growing smartphone addiction among children, two major investors in the iPhone maker said Monday.

In an open letter to the technology giant, New York-based Jana Partners LLC and the California State Teachers’ Retirement System, highlighted increasing concern about the effects of gadgets and social media on youngsters.

"There is a developing consensus around the world including Silicon Valley that the potential long-term consequences of new technologies need to be factored in at the outset, and no company can outsource that responsibility,” the letter said.


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