New Delhi, Oct. 2 -- Instagram CEO Adam Mosseri busted a highly popular conspiracy theory that the social media giant listens to its users' conversations through their phone's microphones in order to show them ads.

In a video posted on his Instagram account, Mosseri categorically denied doing so and noted that it would be a 'gross violation of privacy'.

"We do not listen to you. We do not use the phone's microphone to eavesdrop on you," Mosseri said in the video.

"If we did, it would be a gross violation of privacy, it would drain your phone's battery, and you'd see the microphone indicator light up." he added

Mosseri went on to share four reasons why users might feel that Instagram is listening to their conversations.

First, Mosseri...