Meta reported a strong rise in advertising revenue, topping Wall Street targets and sending its shares soaring.
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Meta’s Threads is adding four new features, including a much-requested chronological timeline. A web version is coming, too.
Billionaire Elon Musk’s decision to rebrand Twitter as X could be complicated legally.
“And soon we shall bid adieu to the twitter brand and, gradually, all the birds,” Elon Musk tweeted on Sunday.
Meta Platforms’ “Twitter killer” Threads got off to a rollicking start, but now engagement appears to be plunging.
Meta is giving businesses a powerful, free-of-charge alternative to pricey proprietary models sold by OpenAI and Google.
There is essentially zero chance that Twitter, as it exists now, could be reconstituted on another platform.
Threads, could generate some serious cash for Meta Platforms in the next couple of years, according to Evercore ISI.
Meta Platforms’ Twitter rival Threads crossed 100 million sign-ups within five days of launch.
Mark Zuckerberg has pitched Meta’s Twitter copycat app, Threads, as a “friendly” refuge for public discourse online.