Instagram CEO Adam Mosseri defends platform in landmark trial over social media harms [MSNBC.com]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: MSNBC.com
LOS ANGELES — The head of Instagram, Adam Mosseri, defended the platform in court Wednesday, arguing that social media platforms are not intentionally engineered to be addictive.“I think it’s important to differentiate between clinical addiction and problematic use," he said when he was pressed about social media addiction.The landmark trial, which began last week with jury selection, could set a precedent for whether social media platforms are responsible for harming children.It’s the first of a consolidated group of cases — from more than 1,600 plaintiffs, including over 350 families and over 250 school districts — scheduled to be argued before a jury in County Superior Court. Plaintiffs accuse the owners of Instagram, YouTube, TikTok and Snap of knowingly designing addictive products harmful to young users’ mental health.Historically, social media platforms have been largely shielded by Section 230, a provision added to the Communications Act of 1934 that says internet companies a
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META
News
- Instagram chief compares 'addictive' platform to Netflix binge-watching during trial testimony: report [FOX Business Network]FOX Business Network
- WhatsApp Says Russia Has Tried to Block Its Messaging Service [Yahoo! Finance Canada]Yahoo! Finance Canada
- Pittsburgh parents watch trial over claims social media platforms are harmful to kids [CBS News]CBS News
- Instagram chief says he does not believe people can get clinically addicted to social media [Yahoo! Finance Canada]Yahoo! Finance Canada
- Instagram boss defends app from witness stand in trial over alleged harms to kids [Los Angeles Times (CA)]Los Angeles Times
META
Earnings
- 1/28/26 - Beat
META
Sec Filings
- 2/11/26 - Form 4
- 2/10/26 - Form 144
- 2/9/26 - Form 144
- META's page on the SEC website