Meta

Threads has seen a 70% decline in active daily users since its July 7 peak, according to market intelligence firm Sensor Tower.

Meta’s new Threads app—a competitor to Twitter—has overtaken ChatGPT, which achieved the 100 million milestone in 2 months.

Meta’s Threads app, which shares a similar format with Twitter and is widely seen as Elon Musk’s most significant competition since the billionaire took over the social media platform, was launched Wednesday evening in a surprise announcement. Key Takeaways Instagram, the photo and video sharing behemoth from Meta, has set its sight on expanding its […]

A letter dated Wednesday accuses Meta of hiring former Twitter employees to make a Meta “copycat” of the Elon Musk-owned social media site.

Meta’s Twitter rival “Threads” launched in over 100 countries on Thursday, allowing users to sign up to the app using their Instagram accounts.

The Instagram companion app, which is being hailed as Twitter’s new chief rival, was launched a day earlier than expected.

Screenshots of the app, which emphasises safety and reliability, look a bit like Twitter.

The penalty against Meta is the largest fine issued under the European Union’s data protection rules.

“Meta’s challenges were largely temporary,” says one analyst as shares of the Facebook parent mint a 92% rally this year.

The Facebook parent had its largest daily stock gain in a decade the day after its last earnings report.