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Instagram chief Adam Mosseri on Wednesday pushed back on claims the platform is dangerously addictive, reportedly telling jurors in a high-profile Los Angeles trial that using the app is more comparable to binge-watching Netflix than suffering from clinical addiction.

Mosseri, who has led Instagram since 2018, drew a distinction between clinical addiction and what he described as “problematic use,” the New York Post reported.

“I think it’s important to differentiate between clinical addiction and problematic use,” Mosseri said. “I’m sure I said that I’ve been addicted to a Netflix show when I binged it really late one night, but I don’t think it’s the same thing as clinical addiction.”

Mosseri testified as part of a lawsuit brought by a California woman who said she began using Instagram at age 9 and later struggled with depression and body dysmorphia. 

STANFORD PSYCHIATRIST TESTIFIES IN CALIFORNIA TRIAL THAT SOCIAL MEDIA PLATFORMS ARE DESIGNED TO BE ADDICTIVE

She is suing Meta and Google’s YouTube, alleging the companies knowingly hooked young users despite being aware of potential mental health risks, Reuters reported.

Meta CEO Mark Zuckerberg is expected to take the stand in the coming weeks.

The case is widely viewed as a test of federal legal protections that shield social media companies from liability over user-generated content. The outcome could influence hundreds of similar lawsuits across the country, according to Reuters.

Mosseri was also grilled about Instagram’s beauty filters and whether they promote unrealistic appearance standards, the New York Post reported.

MARK ZUCKERBERG BECOMES LATEST CALIFORNIA BILLIONAIRE TO RELOCATE TO FLORIDA AMID TAX CONCERNS

“There’s always a trade-off between safety and speech,” Mosseri said. “We’re trying to be as safe as possible and censor as little as possible.”

Emails from 2019 presented in court show debate over whether to lift a ban on filters that mimic plastic surgery. Instagram’s policy, communications and well-being teams supported keeping the ban in place, Reuters reported.

Mosseri and Zuckerberg supported restoring the filters but removing them from recommendations, an option described internally as posing a “notable well-being risk” while limiting the impact on growth, according to Reuters.

META RESEARCHER WARNED OF 500K CHILD EXPLOITATION CASES DAILY ON FACEBOOK AND INSTAGRAM PLATFORMS

“I was trying to balance all the different considerations,” Mosseri said.

Meta has said the central question in the case is whether Instagram was a substantial factor in the plaintiff’s mental health struggles.

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“The evidence will show she faced many significant, difficult challenges well before she ever used social media,” a Meta spokesperson said Tuesday.

Meta did not immediately respond to FOX Business’ request for comment.

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Temple & Webster Group Ltd (TPLWF) Q2 2026 Earnings Call February 11, 2026 6:00 PM EST

Company Participants

Mark Coulter – Co-Founder, CEO, MD & Director
Cameron Barnsley – Chief Financial Officer

Conference Call Participants

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Owen Humphries – Canaccord Genuity Corp., Research Division
John Campbell – Jefferies LLC, Research Division
James Wilson – Macquarie Research
Chamithri Ratnapala – Bell Potter Securities Limited, Research Division
James Leigh – Goldman Sachs Group, Inc., Research Division
Wei-Weng Chen – RBC Capital Markets, Research Division
Sam Teeger – Citigroup Inc., Research Division
Evan Karatzas – UBS Investment Bank, Research Division
James Bales – Morgan Stanley, Research Division

Presentation

Operator

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Thank you for standing by, and welcome to the Temple & Webster Group Limited First Half Fiscal Year ’26 Results Call. I would now like to hand the conference over to Mark Coulter. Please go ahead.

Mark Coulter
Co-Founder, CEO, MD & Director

Thank you, and good morning, everyone, and thank you for joining us. I’d like to begin by acknowledging the traditional owners and custodians of country throughout Australia. On the call with me today is our CFO, Cam Barnsley, and we’ll be taking you through Temple & Webster’s results for the first half of FY ’26, which were released to the ASX earlier today.

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So starting with Slide 4. You can see that we delivered a strong result in the first half of FY ’26 as we continue to execute on our strategy to reach $1 billion in revenue by FY ’28. Revenue growth accelerated since our last trading update, ending the half up 20% year-on-year to $376 million. That acceleration was partly due to the natural volatility inherent in our business and partly due to our planned promotional calendar for the remainder of the year. This growth has expanded our market share to an all-time high of 2.9%.

Our

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John Campbell
Vice President of Investor Relations

Good afternoon, everyone, and thank you for participating in Porch Group’s Fourth Quarter 2025 Conference Call. Today, we issued our earnings release and filed our related Form 8-K with the SEC. The press release can be found on our Investor Relations website at ir.porchgroup.com. I would like to take a moment to review the company’s safe harbor statement within the meaning of the Private Securities Litigation Reform Act of 1995, which provides important cautions regarding forward-looking statements.

Today’s discussion, including responses to your questions, reflect management’s views as of today, February 11, 2026. We do not undertake any obligations to update or revise this information. Additionally, we will make forward-looking statements about our future financial or business performance or conditions, business strategy and plans. These statements are subject to risks and uncertainties, which could cause our actual results to differ materially from these forward-looking statements. Please refer to the information on this slide and in our SEC filings for important disclaimers.

We will reference both GAAP and non-GAAP financial measures on today’s call. Please refer to today’s press release and these slides, both available on our website for reconciliations for non-GAAP measures to the most directly comparable GAAP measures discussed

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Operator

Good afternoon. My name is Tiffany, and I will be your conference operator today. At this time, I would like to welcome everyone to the Fastly Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Vern Essi, Investor Relations at Fastly. Please go ahead.

Vernon Essi
Head of IR

Thank you, and welcome, everyone, to our fourth quarter 2025 earnings conference call. We have Fastly’s CEO, Kip Compton, and CFO, Rich Wong with us today. The webcast of this call can be accessed through our website, fastly.com will be archived for 1 year. Also, a replay will be available by dialing (800) 770-2030 and referencing conference ID number 7543239, shortly after the conclusion of today’s call. A copy of today’s earnings press release, related financial tables and supplements, all of which are furnished in our 8-K filing today, can be found in the Investor Relations portion of Fastly’s website along with the investor presentation.

During this call, we will make forward-looking statements, including statements related to the expected performance of our business, future financial results, product sales, strategy, long-term growth and overall future prospects. These statements are subject to known and unknown risks, uncertainties and assumptions that could cause actual results to differ

ET Intelligence Group: In a quarter affected by the labour code changes, which pulled down the operating profitability of companies by 200-300 basis points, select consumer facing sectors fared better amid festive demand and GST rate cuts. A sectorwise review of the December quarter results season so far reveals that select companies from automobiles, banking and finance, cement, and pharma companies reported buoyant performance. In the coming quarters, trend in rural demand, progress on the US tariff related measures and raw material prices will be crucial factors to watch for.

Automobiles

Hits: GST rate cuts boosted sales volume for the sector. Maruti Suzuki India reported industry beating 22% year-on-year jump in the domestic passenger vehicles volume. Tata Motors expanded domestic passenger vehicles (PV) market share to 13.8% from 12.8 in the previous quarter.

Misses: High input costs including copper and aluminium prices affected profit margins of companies. Tata Motors reported consolidated net loss amid weaker performance of the UK subsidiary.

Outlook: Two-wheeler demand has remained firm in the first half of the March quarter driven by marriage season and rural offtake. Tractor sales, too, have remained strong. However, the traction seen in the entry-level small cars after the GST rate cut seems to be ebbing gradually. In addition, discounts have remained elevated for electric vehicles. New model launches hold key to top line growth.

Revenue change (YoY): -12%
Net profit change (YoY): -56.2%
Banking
Hits: Stress pertaining to unsecured loans is waning gradually thereby helping to lift overall asset quality.

Misses: While net interest margin (NIM) showed modest sequential improvement, year-on-year weakness persisted amid slower reset in the case of deposit rates as banks continued to scramble for retail deposits. Also, microfinance related issues persisted as visible from subdued performance of banks having exposure to this segment.

Outlook: Corporate loan demand is picking up once again, driven by rising investments in the green energy and datacentre segments. In addition, demand from housing, micro, small, and medium enterprises (MSME), and reviving momentum in personal, unsecured loans is expected to keep loan growth in double digits for FY27 amid stable asset quality.

Revenue change (YoY): 3.5%

Net profit change (YoY): 9.1%

Cement
Hits: Cement sales volume growth remained in double digits driving the aggregate revenue growth also in double digits year-on-year. Ultratech posted strong growth of around 35% on-year in operating profit before depreciation and amortisation (Ebitda) unlike some peers, driven by strong volume growth and cost optimisation.

Misses: Elevated input costs amid weak pricing affected profit per tonne of some of the top companies. Ambuja Cement and ACC reported lower profits and profitability,

Outlook: Continued focus on capacity enhancement by cement companies amid the government’s rising thrust on infrastructure development augurs well for future growth potential. Also, initiatives taken up by companies to improve process efficiency is likely to support profitability in the medium and long term.

Revenue change (YoY): 14.8%

Net profit change (YoY): 51.1%

Consumer
Hits: Marico, Dabur India and Emami posted 3-9% year-on-year volume growth in the December quarter amid firm rural demand despite inventory disruption in October due to GST rate cuts. Also, tighter cost management and selective price increase helped Dabur and Emami to post 31-34% operating margin

Misses: Marico posted 240 basis point drop in operating profitability to 16.7% year-on-year, affected by higher input costs.

Outlook: A volume led growth is expected in FY27 amid moderating raw material inflation. Dabur India expects to return to 20% operating profitability compared with 18-19% over the past three years. For ITC, cigarette volumes are likely to suffer due to higher taxes; growth in non-tobacco segments will be in focus.

Revenue change (YoY): 13.6%

Net profit change (YoY): 6.9%

Information Technology
Hits: Top companies reported better than expected revenue and profit figures for a historically weak quarter due to holidays. HCLTech reported nine-quarter high new order bookings worth $3,005 million. HCLTech and Infosys raised revenue guidance marginally for FY26

Misses: The scenario for conventional projects remains cloudy amid heightened geopolitical and international trade related uncertainties.

Outlook: Companies are increasing collaborations with global technology partners to address the changing nature of client offerings. The 20-year tax holiday for datacentre business is likely to drive more investments in this segment.

Revenue change (YoY): 9.3%

Net profit change (YoY): -7.5%

Oil and gas
Hits: The consolidated Ebitda margin of Reliance Industries (RIL) crossed double digits for the first time in seven quarters amid strong performance from oil-to-chemicals (O2C) division amid higher realisation and domestic sales of fuel products.

Misses: RIL’s retail segment reported weakness due to a shift in festive season compared with the prior year. HPCL’s Mumbai refinery faced crude contamination issue in October, which pulled down the overall refining margin and affected the company’s profitability

Outlook: RIL’s telecom segment is likely to deliver strong performance. Analysts have reduced earnings forecast of GAIL for FY26-28 citing lower marketing margins and weakness in the petrochemicals segment.

Revenue change (YoY): 6.7%

Net profit change (YoY): 48.3%

Pharma
Hits: Sun Pharmaceuticals reported multi-quarter high Ebitda margin for the December quarter, aided by buoyant domestic sales. margin expansion and an increase in market share to 8.3% from 8% year-on-year in the Indian market. Aggregate top line growth remained at around 10% year-on-year for the ninth consecutive quarter.

Misses: The US business was under pressure amid decline in Revlimid volume. Cipla has downgraded the Ebitda margin guidance to 21% for FY26 from 22.75-24%.

Outlook: New offerings will be a key factor for domestic pharma companies. Cipla expects four significant respiratory launches by the end of FY27, including generic Advair and two respiratory drugs. For Dr. Reddy’s Laboratories, a portfolio of biosimilars and GLP-1 offerings provides revenue visibility.

Revenue change (YoY): 12.7%

Net profit change (YoY): 0.8%