Threads: Mark Zuckerberg takes on Elon Musk
Looks like we might get a fight after all. Meta Platforms is planning to release a microblogging app called ‘Threads’. IGTV’s @AngelineOng takes a look at what this means for Elon Musk’s Twitter.
(Video Transcript)
Threads
Now, tech news and media platforms are expecting to launch a new app. It's called Threads, and it is a platform where users can publish, share, or like short messages. Sound familiar? Well, it's pretty much like Zuckerberg taking on this space and Elon Musk.
This Twitter-like rival couldn't come at a worse time for Elon Musk. His users are growing unhappy with the management of the app. Musk has just announced a temporary cap on how many posts users can read on the social media site. The rant will be directly linked to Instagram, which means using the same username as those using Instagram. It can easily put followers across using the new application.
For more videos from us here at IGTV. Join us on Twitter at @IGcom and subscribe to our YouTube channel.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
Take a position on indices
Deal on the world’s major stock indices today.
- Trade the lowest Wall Street spreads on the market
- 1-point spread on the FTSE 100 and Germany 40
- The only provider to offer 24-hour pricing
Live prices on most popular markets
- Forex
- Shares
- Indices
