Source: Fortune
Summary
Instagram head Adam Mosseri testified in a trial against Meta and YouTube, where he revealed his annual compensation of around $900,000, plus performance-based bonuses and stock-based pay. Mosseri denied claims that Instagram is addictive and targets teenagers for profit. He also addressed internal documents suggesting that Meta executives knew filters were harmful to young women but didn’t remove them to stay competitive.
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The numbers tell one story.
Adam Mosseri’s compensation is a fraction of what he could earn in stock-based pay, which has reached tens of millions of dollars some years. Mosseri denied any connection between his pay and the company’s growth choices. The trial also exposed internal documents showing Meta executives knew about the harm of filters but chose not to remove them. Mosseri’s defense: “I believe protecting minors in the long run is good for profit and business.”
The strategy enters a familiar phase: downplaying the impact of addictive features on users while emphasizing the importance of protecting minors.
Author: Evan Null
