Meta Platforms’ “Twitter killer” Threads got off to a rollicking start, but now engagement appears to be plunging.
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Twitter’s cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said.
There is essentially zero chance that Twitter, as it exists now, could be reconstituted on another platform.
Elon Musk said he thinks China is interested in a cooperative international framework on AI.
Elon Musk has launched his long-teased artificial intelligence start-up xAI that he hopes will be an alternative to ChatGPT.
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.
Experts say Twitter would have to clear a high hurdle if it sues Meta Platforms over copycat app Threads.
Mark Zuckerberg has pitched Meta’s Twitter copycat app, Threads, as a “friendly” refuge for public discourse online.
Twitter has threatened to sue Meta Platforms over its new Threads platform. Legal experts doubt it would win.