Instagram's head, Adam Mosseri, testified in a Los Angeles court this week, defending the platform against claims that it caused mental health damage to minors. Mosseri, who has led Instagram for eight years, stated that even extensive use of the social media app does not equate to addiction. The landmark trial, expected to last six weeks, is a test of legal arguments aimed at holding tech firms accountable for the impacts on young people.
Mosseri's testimony came as part of a trial involving Meta, Instagram's parent company, and YouTube. The 20-year-old plaintiff, identified as KGM or Kaley, alleges she developed mental health issues due to social media addiction. During the trial, Mosseri's compensation was also revealed. He is paid approximately $900,000 annually, with performance-based bonuses that can reach up to half his salary, according to multiple news outlets. He also receives stock-based pay, which has been in the tens of millions of dollars in some years, exceeding $20 million.
Lawyers for Meta have argued that the plaintiff's case lacks merit. The trial's focus is on whether tech companies can be held responsible for the mental health effects of their platforms on young users.
In other news, Pinterest CEO Bill Ready recently compared the digital pinboarding site to the AI chatbot ChatGPT, highlighting its potential as a search destination. Ready stated that Pinterest sees 80 billion searches per month, generating 1.7 billion monthly clicks, compared to ChatGPT's 75 billion searches. He added that over half of Pinterest's searches are commercial in nature.
Meanwhile, a data analyst, Alejandro Quintero, noticed a surge in website traffic from China and Singapore. His website, which publishes articles about paranormal activities, saw a significant increase in visits from these countries, accounting for over half of his total visits in the past year.
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