Instagram chief likens social media addiction to being hooked on a Netflix show in trial testimony [CNBC]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: CNBC
Brendan Smialowski | AFP | Getty Images Instagram chief Adam Mosseri said Wednesday during testimony in a high-profile social media trial that he thinks there can be problematic usage of social media, but does not think it constitutes an addiction. “I'm sure I said this, but I think it's important to differentiate between clinical addiction and problematic use,” said Mosseri, who noted several times that he is not a medical professional. Mosseri said that sometimes the use of the word addiction can refer to something more casually, and noted that while he may have once said he was addicted to a Netflix show, that's not an actual clinical addiction. “So it's a personal thing, but yeah, I do think it's possible to use Instagram more than you feel good about,” Mosseri said. “Too much is relative, it's personal.” Mosseri testified in Los Angeles Superior Court, where the plaintiff alleges that social media platforms Meta , YouTube, TikTok and Snap misled the public about the sa
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News
- Instagram CEO Adam Mosseri defends platform in landmark trial over social media harms [MSNBC.com]MSNBC.com
- 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
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