Instagram CEO testifies about competing with TikTok: ‘You’re either growing, or you’re slowly dying’
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May 8, 2025, 6:00 pm528 ptsHotTop
The Verge
When Adam Mosseri took over Meta-owned Instagram as CEO in 2018, the app was experiencing what he'd later call "concerning" drops and plateaus in user engagement, thanks partly to fierce competition from a new app: TikTok. Instagram estimated in 2019 that 23 percent of the decline in time spent on Instagram in…
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