Ratings Firms Struggle to Quantify Climate Risks in Bond Market
With 46 straight days of 100-degree heat and coastal waters approaching hot-tub temperatures, Miami can seem like a
2023-08-01 13:20
Meta responds to Elon Musk’s lawsuit threat as Threads becomes most rapidly downloaded app
Meta has responded to Elon Musk’s lawsuit threat against its new platform Threads saying that none of the staff working on the app are former Twitter employees. On Thursday, Twitter threatened Meta with legal action over its new social media app Threads, claiming it is a “copycat” platform it built by hiring former Twitter staff. Since its roll out, Meta’s text-based platform built in partnership with Instagram, has racked up tens of millions signups, seemingly becoming the most rapidly downloaded app ever and the most popular Twitter alternative yet. Just hours after its launch, however, Twitter attorney Alex Spiro sent a letter to Meta chief Mark Zuckerberg arguing that his company was guilty of “systematic, willful, and unlawful misappropriation of Twitter’s trade secrets and other intellectual property”, according to Semafor. “Twitter intends to strictly enforce its intellectual property rights, and demands that Meta take immediate steps to stop using any Twitter trade secrets or other highly confidential information,” Mr Spiro said in the letter. “Twitter reserves all rights, including, but not limited to, the right to seek both civil remedies and injunctive relief without further notice to prevent any further retention, disclosure, or use of its intellectual property by Meta,” the attorney added. Mr Spiro alleged that Meta hired dozens of former Twitter staff who “had and continue to have access to Twitter’s trade secrets and other highly confidential information”. He said “Meta’s copycat ‘Threads’ app” was built with the “specific intent” that they use “Twitter’s trade secrets and other intellectual property “in order to accelerate the development of Meta’s competing app”. The attorney argued that this was “in violation of both state and federal law as well as those employees’ ongoing obligations to Twitter”. Andy Stone, Meta’s communications director, responded to the claims on Friday saying that the Threads engineering team does not have any former Twitter employee. “To be clear: No one on the Threads engineering team is a former Twitter employee – that’s just not a thing,” Mr Stone wrote on Threads. Mr Musk reponded to Twitter threatening Meta with a lawsuit saying: “Competition is fine, cheating is not.” Read More What is Threads? All your questions about Meta's new Twitter rival, answered. Threads is already more than three times bigger than every Twitter rival combined I tried Mark Zuckerberg’s Twitter rival, Threads – I’m not impressed Mark Zuckerberg accused of hypocrisy for shielding children’s faces in Instagram post Kim Kardashian, Rylan Clark and Dalai Lama among those joining new app Threads Twitter threatens legal action against Meta over new ‘Threads’ app
2023-07-07 12:21
World Needs $172 Billion More to Face Climate Impacts Than Estimates Show
The UN Environment Programme recently published its annual Adaptation Gap Report, examining how much funding the world’s developing
2023-11-16 21:45
Prepare for an IT career with this heavily discounted CompTIA bundle
TL;DR: The Complete 2023 CompTIA Course Bundle is on sale for £47.31, saving you 69%
2023-09-05 12:19
Startups Are Inventing Cooling Clothes for a Hotter Future
Every morning, thousands of construction workers in Qatar start their day by soaking their uniforms in water. The
2023-09-01 18:50
Get a PlayStation 5 bundle for a record-low price
SAVE $60: As of June 7, the PlayStation 5 God of War Ragnarok bundle is
2023-06-07 23:24
Musk says vehicle autonomy is 'main driver' of Tesla value
PARIS (Reuters) -Tesla is close to achieving fully autonomous vehicles, CEO Elon Musk said during a visit to Paris on
2023-06-17 00:55
Who is Dr Sonja Santelises? Outrage as all students fail in math exam at 13 Baltimore state schools
74.5 percent of students in the 13 failing schools apparently scored just one out of four on their test, the lowest score that someone can get
2023-09-23 17:23
When will Adin Ross visit Andrew Tate to live stream from Romania? Here's everything we know
Adin Ross expressed gratitude towards the Tate brothers for their assistance in helping him overcome his addiction
2023-06-05 14:29
Animal Crossing Merch Black Friday 2023 Deals
Animal Crossing fans have a lot of discounts to be excited for this Black Friday.
2023-11-10 04:46
CitrusAd Gives Brands the Key to Keywords
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--May 9, 2023--
2023-05-09 22:17
Will Pokimane be next Twitch streamer to accept Kick's $10M offer? Here's what we know
Pokimane said, 'Why would I compromise my morals and ethics for more money when I have money?'
2023-06-22 15:23
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