Facebook’s parent company, Meta, has launched a new social media network called Threads, aiming to capitalize on the recent turmoil at Twitter under its billionaire owner, Elon Musk. Mark Zuckerberg, the founder of Facebook, announced the launch of Threads in a post on Wednesday, inviting users to join the platform and emphasizing the need for a friendly online community.
Described as a text-based version of Instagram, Threads offers real-time updates and public conversations. It was initially made available in over 100 countries, including the United States, United Kingdom, Canada, and Japan. However, Meta decided not to launch the platform in the European Union due to ongoing negotiations with regulators regarding data sharing between Threads and Instagram.
Shortly after its launch, Threads garnered significant attention, with more than 10 million sign-ups within seven hours, according to Zuckerberg’s post on the platform. Several celebrities, including Gordon Ramsay, Jack Black, and Shakira, were among the early adopters of the new social network.
The launch of Threads is seen as a direct challenge to Elon Musk, whose leadership of Twitter has faced criticism from some users. The rivalry between the two tech giants is likely to intensify with Meta’s entry into the social media landscape. Meta’s chief product officer, Chris Cox, previously highlighted the demand for a “sanely run” platform, which prompted Musk to suggest a cage match between him and Zuckerberg, who is known for his participation in Brazilian Jiu-Jitsu. Zuckerberg responded to Musk’s challenge on Instagram, indicating his readiness to engage in a physical confrontation.
Meta’s decision to take on Twitter comes at a time when the social media platform has been grappling with various issues, including layoffs, technical glitches, and controversies over content moderation. These challenges have led to a loss of trust among users and the departure of advertisers. Some analysts believe that Threads could leverage Instagram’s large user base and advertising ties to gain an advantage in the market.
However, it’s worth noting that previous attempts to challenge Twitter’s dominance have had limited success. Alternatives like Mastodon, Bluesky, and Post have failed to match the reach and influence of Twitter, which boasts over 400 million users worldwide.
With Meta’s entry into microblogging through Threads, the future of social media is poised for a transformation driven by intense competition among these tech giants. Users and industry observers are eagerly anticipating the developments in this rivalry, hoping that Threads will finally emerge as the long-awaited “Twitter killer.”
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In a significant move in Vietnam’s corporate landscape, Vingroup, the country’s largest conglomerate, has completed the sale of a 41.5% stake and other assets in its retail arm, Vincom Retail, for a staggering $1.6 billion. This transaction ranks among the largest mergers and acquisitions (M&A) deals in Vietnam in recent years, underscoring the dynamism of the country’s economy and corporate sector.
The integration of artificial intelligence (AI) into various facets of healthcare has revolutionized patient care, and its impact on surgery is poised to be profound. Leveraging AI’s capabilities to connect, analyze, and predict based on operating room data holds the promise of enhancing surgical efficiency and clinical decision-making. Recognizing this potential, NVIDIA has partnered with Johnson & Johnson MedTech to explore new AI capabilities within the realm of surgery, with the goal of advancing the company’s connected digital ecosystem for surgical procedures.
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An Illinois jury has delivered a significant verdict in a case involving Mead Johnson’s Enfamil baby formula, ordering the company to pay $60 million to the mother of a premature baby who died from an intestinal disease after consuming the formula.
In the fast-paced world of software development, innovation is the name of the game. Cognition, a leading tech company, has introduced a groundbreaking solution that promises to transform the industry as we know it: Devin AI, the world’s first AI software engineer. Devin AI is not just another tool in the developer’s toolbox; it’s a game-changer that leverages the power of artificial intelligence and machine learning to automate coding tasks and streamline the development process.
When it comes to acing a job interview, there are certain tactics that can help you stand out and impress prospective employers. From showcasing your passion for the role to demonstrating problem-solving skills, there are plenty of strategies to employ. However, it’s equally important to be mindful of phrases that could raise red flags during the interview process.
The ongoing saga between the United States and ByteDance, the Chinese tech giant behind the popular social media platform TikTok, has taken another turn. With the House approving a bill requiring ByteDance to divest TikTok within roughly six months, the possibility of a forced sale or effective ban looms large.
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