Threads THE NEW KID ON THE BLOCK
Businessworld India|29 July 2023
Meta's text-based app Threads has hit 100 million users within a week of its launch. Reports point to Twitter's traffic slowing
Jyotsna Sharma
Threads THE NEW KID ON THE BLOCK

THREADS HAS TWITTER in knots! The new textbased Meta app is causing quite a stir in just about a week of its launch and reports say Twitter traffic is falling. At the time of writing this report, Threads has reportedly reached 100 million sign ups, which took over two years for Instagram to achieve. It is however, the integration with Instagram that has made the new app easier for users to jump onto. Meta CEO Mark Zuckerberg shared the news of the platform reaching this record number, mostly organically in just five days, on Threads.

Elon Musk, Tesla and Space X CEO bought out Twitter last year for $44 billion and has since made multiple changes to the platform, some of which you would recall made users unhappy. There’s been a fair amount of controversy since he took over. And, since the launch of Threads, which is seen as an alternative to Twitter, a lot has been said between both the founders about which is a better app.

A few days back, Twitter threatened to sue Meta for allegedly violating its intellectual property rights. According to Twitter, apparently Meta has poached some of its former employees who have had access to trade secrets and confidential information. These employees were then directed to work on the Threads app. Musk put out a post saying – “Competition is fine. Cheating is not”.

Of course, Meta’s Communication Director, Andy Stone responded by posting on Threads “No one on the Threads engineering team is a former Twitter employee – that’s just not a thing.”

Diese Geschichte stammt aus der 29 July 2023-Ausgabe von Businessworld India.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der 29 July 2023-Ausgabe von Businessworld India.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS BUSINESSWORLD INDIAAlle anzeigen
Powerful, Peculiar Perquisites
BW Businessworld

Powerful, Peculiar Perquisites

MOST COMPANIES recognise that people are key to their success. Competition is all about the war for talent. Higher compensations can, in many cases, attract that brilliant leader or the tech genius, but a competitor may well offer even more. This race is financially draining and not really a great strategy.

time-read
2 Minuten  |
May 18, 2024
Shaping The Future Of India's Infrastructure
BW Businessworld

Shaping The Future Of India's Infrastructure

RUPEN PATEL on the achievements of the engineering and construction major including the iconic projects rendered by it, nation building, focus on sustainable practices and much more

time-read
1 min  |
May 18, 2024
WHY DON'T WE SUE BRITAIN?
BW Businessworld

WHY DON'T WE SUE BRITAIN?

I WAS WORKING ON my next column for BW – on one of my favourite themes like ‘Sustainability’, ‘Inclusivity’, ‘India Shining’ etc.

time-read
2 Minuten  |
May 18, 2024
LIFE AND TIMES OF A MEDIA TITAN
BW Businessworld

LIFE AND TIMES OF A MEDIA TITAN

DD Purkayastha's autobiography captures his 42-year tryst with the ABP Group, delving into various aspects of his professional and personal experiences, as well as insights into the factors that have shaped his character and career trajectory

time-read
4 Minuten  |
May 18, 2024
THE SONET STRIKES BACK
BW Businessworld

THE SONET STRIKES BACK

The sub-4-metre SUV segment in India has been a battlefield for automakers, each vying for supremacy with their unique propositions. With the launch of 2024 Kia Sonet, the South Korean automaker is sharpening its edges in this competitive market

time-read
3 Minuten  |
May 18, 2024
SLEEK, SUBTLE, COMPACT AND EASY TO CARRY
BW Businessworld

SLEEK, SUBTLE, COMPACT AND EASY TO CARRY

The HP Omen Transcend 14 targets a niche market that is growing day by day. Statistically, never in history, was there a better time to launch a gaming laptop, says Deep Majumdar

time-read
5 Minuten  |
May 18, 2024
Geopolitical Resilience for Indian Companies
BW Businessworld

Geopolitical Resilience for Indian Companies

It's in crisis that inventiveness is born, as well as discoveries made and great strategies arise. He who overcomes crisis, overcomes himself, without getting overcome. - Albert Einstein

time-read
4 Minuten  |
May 18, 2024
The Sourav Ganguly Era
BW Businessworld

The Sourav Ganguly Era

Lessons in Leadership from Indian Cricket - 2

time-read
5 Minuten  |
May 18, 2024
Leadership Challenges Were Not This Long, Before
BW Businessworld

Leadership Challenges Were Not This Long, Before

LEADING IN TODAY’S dynamic environment presents unprecedented challenges. The list of challenges is never-ending. They include navigating complex decisions, staying resilient, inspiring teams, staying innovative, and continually adapting to the constantly changing ecosystem.

time-read
3 Minuten  |
May 18, 2024
The Supreme Court Emerges as a Net Zero Polestar
BW Businessworld

The Supreme Court Emerges as a Net Zero Polestar

'Dharma exists for the welfare of all beings. Hence, that by which the welfare of all living beings is sustained, that for sure is dharma,' - Mahabharata (Shanti Parva 109.10)

time-read
4 Minuten  |
May 18, 2024