NEW YORK: Meta's Mark Zuckerberg is set to deliver a blow to Elon Musk on Wednesday (Jul 5) night, as the tech billionaires' rivalry goes live with the launch of Instagram's much-anticipated Threads platform, a c
Analysts said investors were salivating over the possibility that Threads' ties to Instagram might give it a built-in user base and advertising apparatus, which could siphon ad dollars from Twitter as its new CEO tries to revive the microblogging company's struggling business.
Meta stocks closed up 3 per cent on Wednesday ahead of the launch, outpacing gains by competitor tech companies as the broader market edged down.for months and even threatened to fight each other in a real-life mixed martial arts cage match in Las Vegas. The app also benefits from the failure of other would-be Twitter competitors to take advantage of the service's stumbles. While a number of new and burgeoning competitors such as Mastodon, Post and T2 have tried to lure Twitter users away, all remain relatively small so far.
The company later incorporated a short video tool directly into Instagram and more recently wound down its unit tasked with designing experimental apps as part of a cost-cutting drive.
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Zuckerberg-Musk fight is on: Meta launches 'Twitter Killer' Threads appNEW YORK : Meta's Mark Zuckerberg is set to deliver a blow to Elon Musk on Wednesday night, as the tech billionaires' rivalry goes live with the launch of Instagram's much-anticipated Threads platform, a clone of Twitter.Analysts said investors were salivating over the possibility that Threads' ties to In
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Elon Musk vs Mark Zuckerberg MMA fight at a 2000-year-old historic siteElon Musk's upcoming showdown with Mark Zuckerberg just got even more exciting as he recruits legendary MMA fighter Georges St-Pierre to his team. Get ready for an epic battle!
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German antitrust watchdog can add privacy breaches to Meta probe, EU court saysBRUSSELS : Antitrust authorities can check whether companies such as Meta Platforms comply with EU data protection rules during their investigations, Europe's top court said on Tuesday, a move likely to broaden regulators' scrutiny of Big Tech.The case before the Luxembourg-based Court of Justice of the E
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