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Threads by Instagram – live: Meta’s new Twitter rival app gets 10 million sign-ups in first hours of launch
Threads by Instagram – live: Meta’s new Twitter rival app gets 10 million sign-ups in first hours of launch
Meta’s new Twitter rival Threads has racked up over five million signups within the first four hours of its launch, the tech giant’s chief Mark Zuckerberg said. Threads arrives at a particularly difficult time for Elon Musk’s Twitter. The site has faced a range of technical issues in recent days, which it has blamed on AI services scraping its site. “Threads, an Instagram app” is already listed on the App Store. It aims to take on the app with a range of features that are similar to those offered by Twitter, according to its App Store listing. “Threads is where communities come together to discuss everything from the topics you care about today to what’ll be trending tomorrow,” it reads. “Whatever it is you’re interested in, you can follow and connect directly with your favourite creators and others who love the same things — or build a loyal following of your own to share your ideas, opinions and creativity with the world.” It is the latest in a long line of apps to try and take over from the increasingly troubled Twitter in offering text-based updates. Read More Meta responds to Elon Musk’s lawsuit threat as Threads becomes most rapidly downloaded app Mark Zuckerberg trolls Elon Musk by posting Spider-Man meme on Twitter after launching rival Threads People cannot leave Instagram’s Threads app without deleting their whole account, rules warn I tried Mark Zuckerberg’s Twitter rival, Threads – I’m not impressed
2023-07-07 15:26
Morgan Stanley Upgrades Asia Chip Stocks on AI Clamor
Morgan Stanley Upgrades Asia Chip Stocks on AI Clamor
The long-term prospects for artificial intelligence-linked semiconductors is making Morgan Stanley even more bullish about chip stocks in
2023-07-07 13:26
Exclusive-China to end Ant Group's regulatory revamp with fine of at least $1.1 billion-sources
Exclusive-China to end Ant Group's regulatory revamp with fine of at least $1.1 billion-sources
By Julie Zhu and Jane Xu HONG KONG Chinese authorities are likely to announce a fine of at
2023-07-07 12:58
Meta responds to Elon Musk’s lawsuit threat as Threads becomes most rapidly downloaded app
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
Digital Pound Could Verify Age for Alcohol and Citizenship in UK
Digital Pound Could Verify Age for Alcohol and Citizenship in UK
A digital version of the British pound may feature a way to verify the holder’s age and citizenship
2023-07-07 12:20
Final Fantasy XVI Japan Sales Drop Second Week After Launch
Final Fantasy XVI Japan Sales Drop Second Week After Launch
Sales of Square Enix Holdings Co.’s new Final Fantasy game tumbled during the second week after its release,
2023-07-07 10:46
Sega Pulls Back From Blockchain Gaming as Crypto Winter Persists
Sega Pulls Back From Blockchain Gaming as Crypto Winter Persists
Sega Corp., the gaming studio once regarded among the staunchest advocates of blockchain gaming, is pulling back from
2023-07-07 06:17
Twitter threatens to sue Meta after rival app Threads gains traction
Twitter threatens to sue Meta after rival app Threads gains traction
Twitter is threatening Meta with a lawsuit after the blockbuster launch of Meta's new Twitter rival, Threads — in perhaps the clearest sign yet that Twitter views the app as a competitive threat.
2023-07-07 05:25
AI Seen Fueling Microsoft to $3 Trillion Value in Morgan Stanley Model
AI Seen Fueling Microsoft to $3 Trillion Value in Morgan Stanley Model
Artificial intelligence-driven gains can propel Microsoft Corp. to join Apple Inc. in the elite category of stocks with
2023-07-07 04:52
Crypto Trading Volume Dropped in Second Quarter to Lowest Since 2019
Crypto Trading Volume Dropped in Second Quarter to Lowest Since 2019
Trading volume on cryptocurrency exchanges in the three months ended in June was the lowest since the final
2023-07-07 03:55
Kim Kardashian, Rylan Clark and Dalai Lama among those joining new app Threads
Kim Kardashian, Rylan Clark and Dalai Lama among those joining new app Threads
Kim Kardashian and Rylan Clark are among some of the celebrities to have signed up for the new social media site Threads. The Meta app, from the company behind Facebook and Instagram, has a text-style format which encourages users to post updates and join public discourse. Tibetan Buddhist spiritual leader Dalai Lama also signed up to the newly launched platform. Former Strictly Come Dancing: It Takes Two presenter Clark kept his first update short with a photo captioned: “Get ya threads out for the ladddsss.” Chef Gordon Ramsay, known for his Hell’s Kitchen and Kitchen Nightmares series, said in his post: “Is this where I find the lamb sauce?” Colombian pop singer Shakira already has one million followers on the app, whilst reality TV star and businesswoman Kardashian has one and a half million, despite a lack of posts on her profile. TV personality and model Khloe Kardashian, who is Kim’s sister, is also on the platform and posted a photo with the caption: “Oh hi my little threaders”. Other celebrities such as Paris Hilton, former One Direction members Louis Tomlinson and Zayn Malik, The Last Of Us star Bella Ramsey, Dragons’ Den panellists Deborah Meaden and Steven Bartlett and former Big Brother presenter Davina McCall have also signed up. Also setting up account were American singer-songwriter Olivia Rodrigo, radio DJ Chris Moyles, Little Mix singer Leigh-Anne Pinnock, British singer Louise Redknapp, American rapper Jack Harlow and The Help actress Jessica Chastain. The site is connected to Instagram so usernames and verification checks can carry over so celebrities can make the move to Threads easily. Brands and companies including streaming platform Netflix, clothing retailer Pretty Little Thing and supermarket Aldi have also joined the app. Threads posts can be up to 500 characters long and include links, photos, and videos of up to five minutes in length. On Meta’s website, the company says: “Our vision with Threads is to take what Instagram does best and expand that to text, creating a positive and creative space to express your ideas.” Elon Musk bought Twitter in 2022, which is also text based and allows posts of up to 280 characters. The South African-born billionaire announced at the weekend that his social media platform would be temporarily limiting the number of tweets people can read in a day, as thousands of users reported problems accessing the site. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Mastercard helping banks predict scams before money leaves customers’ accounts Art historian helps build new Assassin’s Creed game after son’s suggestion Twitter to stop TweetDeck access for unverified users
2023-07-07 03:48
Twitter threatens legal action against Meta over new ‘Threads’ app
Twitter threatens legal action against Meta over new ‘Threads’ app
Twitter has threatened Meta with legal action over its new social media platform “Threads,” claiming that they have created a “copycat” platform and hiring former Twitter staff to do so. Meta, the parent company of Instagram and Facebook led by Mark Zuckerberg, revealed Threads on Wednesday, a text-based app partnering with Instagram that is similar to Twitter and other apps. More follows...
2023-07-07 03:48
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