Social media has both positive and negative impacts. It allows for easy sharing of information worldwide but can also be distracting and cause psychological issues when overused. The top social media platforms are Facebook, WhatsApp, Twitter, YouTube, and Instagram, with over 3 billion global users spending on average 2 hours and 22 minutes per day on social networks. While social media allows businesses to expand and find new customers, it can also lead to issues like cyberbullying, online harassment, and increased social comparisons. Care must be taken to control cybercrimes and use social media in a positive manner.