Instagram chief testifies in landmark trial about social media addiction [CNN]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: CNN
Adam Mosseri, the head of Instagram, testified on Wednesday that he does not think users can be “clinically addicted” to the social media app. Mosseri is the first executive to testify in the landmark social media addiction trial against YouTube and Instagram parent company Meta, in which a now-20-year-old woman alleges the companies intentionally developed addictive features to hook young users, which she claims harmed her mental health. The lawsuit is the first of more than 1,500 similar cases to go to trial and could serve as a test of whether the social media giants can be held responsible for claims that they've harmed young users' mental health. Mark Lanier, a lawyer for the plaintiff, questioned Mosseri on Wednesday about whether Instagram chooses profits over the health and safety of minors and whether Mosseri oversees an app that hooks younger users. Mosseri said that he didn't think that it was possible to be addicted to Instagram but that “problematic use” was poss
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News
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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