Facebook and Instagram owner Meta promised to release Twitter competitor Threads on Thursday, just days after the microblogging platform was hit hard.
meta established thread netIt includes a countdown until the app is available and a scannable barcode to pre-order the new app, which is set to launch on July 6th. apple app store. The tech giant had been working on the release for months already, but reportedly sped up its release schedule after Twitter’s recent struggles, including new restrictions on viewing posts. according to to Axios.
Thread App has become Twitter’s most formidable rival since Tesla CEO Elon Musk took control of the company in October, according to Axios.Musk announced On Saturday, Twitter will temporarily limit the number of posts users can see on Twitter each day. Verified accounts can view 6,000 posts per day, unverified accounts can view 600 posts per day, and new unverified accounts can view 300 posts per day. (Related: Mark Zuckerberg is developing a new app to compete with Musk’s Twitter)
Twitter Is Falling Down, Now Meta Is About To Launch Twitter Competitor Threads On July 6th https://t.co/8yyZcYabF8
— Tom Warren (@tomwarren) July 3, 2023
Additionally, Twitter required users to log in or register on the site to view content as of Wednesday, a departure from its previous policy of allowing users without accounts to view content.
In the five weeks from April 1 to the first week of May, Twitter’s ad revenue fell 59%, or almost $90 million, compared to the same period in 2022, according to an internal presentation. obtained By The New York Times. Apple, Amazon and Disney are among the biggest advertisers to cut spending on Twitter since last year, according to employees who spoke to the Times.
Meta and Instagram did not immediately respond to the Daily Caller News Foundation’s request for comment.
Twitter responded to the DCNF’s request for comment with a poop emoji and auto-replyed to all press emails.
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