In early July, Meta, formerly known as Facebook, unveiled its highly anticipated social media offering, Threads. The platform, described as a Twitter clone, made waves across the digital landscape, garnering significant attention and excitement. However, just a month after its launch, Threads finds itself grappling with a substantial decline in user engagement, raising questions about its long-term viability and potential reasons behind its dwindling user base.
Data from market intelligence firm Sensor Tower has shed light on Threads’ tumultuous journey in the world of social media. The app, which gained an impressive 100 million users within its first five days, seemed poised to become a significant player in the social networking arena. However, Threads’ rapid rise was followed by an alarming drop in its user base. At the height of its initial popularity, the app boasted a peak daily active user count of 44 million, only to witness an astonishing 82% decrease, with just 8 million daily active users by the end of July.
CEO Mark Zuckerberg’s candid discussion with Meta employees regarding Threads’ sagging user engagement further underscored the challenges the app was facing. Zuckerberg acknowledged that the app had lost over half of its users since its launch, signaling a stark contrast to the initial enthusiasm that greeted its introduction.
One factor that experts and observers have pointed to is the absence of popular features that have become staples in the realm of social media platforms. Threads notably lacks direct messaging, a fundamental communication tool in today’s interconnected digital landscape. Additionally, the absence of content produced by influential and buzzy figures on the app may have contributed to its waning appeal. This raises the question of whether Threads has been able to provide a compelling and distinctive experience that would entice users to stay engaged.
In response to the declining user engagement and feedback from users, both Mark Zuckerberg and Instagram CEO Adam Mosseri have expressed optimism about the trajectory of Threads. Zuckerberg, during Meta’s earnings call, highlighted that the company had witnessed significant initial growth and that an unexpected number of users were returning to the platform on a daily basis. He emphasized Meta’s commitment to enhancing the app’s foundational elements before focusing on further growth and monetization.
Adam Mosseri, who oversees Instagram, another prominent platform in Meta’s portfolio, echoed similar sentiments. He assured Threads users that the team was diligently working on addressing the app’s shortcomings, including the addition of “obvious missing features.” This commitment to refining the user experience and incorporating essential tools demonstrates Meta’s dedication to salvaging the platform’s prospects.
Since its launch, Threads has undergone several updates, including the introduction of a following tab on its feed, among other features. Cameron Roth, a Threads programmer, shared these developments in a Threads post. While these enhancements may provide a positive step forward, it remains to be seen whether they will be sufficient to reverse the app’s declining trend and reinvigorate user engagement.
Self-driving air taxis have long been a tantalizing vision of the future, and now, they’re one step closer to becoming a reality in China. Guangzhou-based Ehang, a leading player in the electric vertical take-off and landing (eVTOL) industry, recently achieved a major milestone.
Adobe, the software giant renowned for its creative solutions, has once again pushed the boundaries of innovation with a slew of updates designed to revolutionize the world of digital creativity. Adobe MAX 2023 saw the unveiling of remarkable enhancements, all underpinned by the formidable power of artificial intelligence (AI). In this article, we will delve into the highlights of Adobe’s recent updates, as outlined in their official announcement.
In the world of tech giants, strategic partnerships and negotiations often determine the trajectory of entire industries. A recent revelation in the ongoing US government’s antitrust lawsuit against Google has shed light on some of Apple’s past decisions that could have had a significant impact on the search engine landscape.
TikTok, the wildly popular short-form video platform, is making waves in the digital advertising world with its latest move. Reports from multiple sources have surfaced, pointing to the confirmation of TikTok testing an ad-free subscription service.
TikTok, the wildly popular social media platform, has faced its fair share of challenges in recent years, particularly regarding its ownership and ties to China. However, its ambitions in Southeast Asia are now facing a significant hurdle as Indonesia, its largest market in the region, has imposed a ban on shopping transactions on social media apps.
Google’s Bard AI chatbot is getting a major upgrade, and it’s all about making your life easier. In a recent announcement, Google revealed a series of exciting enhancements to Bard, aiming to provide users with a more powerful and versatile tool for various tasks.
In a bold move to navigate the ever-evolving landscape of e-commerce and cloud computing, Alibaba Group is embarking on its most ambitious restructuring to date under the leadership of its new CEO, Eddie Wu. As the company faces challenges in a slowing Chinese economy and stiff competition, Wu is determined to revitalize Alibaba’s strategy by placing a strong emphasis on artificial intelligence (AI) and promoting younger talents to senior management positions.
TikTok, the wildly popular short-form video app, has been hit with a massive €345 million ($368 million) fine by the Irish Data Protection Commission (DPC) for failing to adequately protect children’s privacy on its platform.
China’s economy is displaying hopeful signs of recovery in August, but the real estate sector continues to struggle, posing challenges for the nation’s economic stability.
Arm, the renowned British chip designer under the SoftBank umbrella, is gearing up for a high-stakes $5 billion initial public offering (IPO). While excitement surrounds this significant move, investors are growing increasingly wary of Arm’s business ties to China, particularly amidst escalating tensions between the United States and Beijing over chip technology. Let’s dive into the complexities of Arm’s China dealings and the challenges it faces.
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Cultural differences between the East and the West
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Vietnam received recognition in the 29th World Travel Awards in numerous categories
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Vietnamese dishes that fascinate foreigners
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First NFT vending machine in the world is now operational in New York
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The LEGO Group today began construction on a new $1 billion factory in Binh Duong, Vietnam
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