EU court rejects US intervention in Apple’s Irish $15 billion tax caseJana and CalSTRS also asked Apple to study the impact of excessive phone use on mental health, according to the publication. Jana and CalSTRS together control about $2 billion worth of Apple shares, the Journal reports. However, the issue of phone addiction among young people has become a growing concern in the United States as parents report their children cannot give up their phones. CalSTRS and Jana worry that Apple’s reputation and stock could be hurt if it does not address those concerns, according to the Journal. The phone addiction issue got a high-profile boost from the former Disney child star 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 to social media and the mobile photo-sharing app Instagram.

Source: The Express Tribune January 08, 2018 08:48 UTC