Threads news and archive

After a bumper launch, Threads loses half its users

Users and businesses were quick to sign up to Meta’s much-hyped Twitter-esque platform, but in a call to employees CEO Mark Zuckerberg acknowledged half of its 100 million signups may have already left. Teething issues such as which content is displayed and limited functionalities, have been ardent criticisms of its users. Mr Zuckerberg said the...

Business

Threads, Meta's new social media platform, surpasses 100 million users in record time

Threads, the latest social media platform and Twitter competitor from Meta, has amassed over 100 million users in less than five days, surpassing the previous record held by Open AI's ChatGPT app, according to reports by the BBC. The platform, positioned as an app for sharing text updates and engaging in public conversations, achieved this...

Business

Threads, Meta's social media platform to rival Twitter, is going live

Meta, the parent company behind Instagram and Facebook, is set to launch its new app called Threads this week, which aims to compete with Twitter. The app, available for pre-order on the U.S. Apple App Store, will be integrated with Instagram and features a text-based conversation platform resembling Twitter's dashboard. The app has not yet...

Report

Threads gets a funding boost from C Ventures and Highland Europe

Threads, a chat commerce business that helps millennial find the right luxury outfit and accessories through social media and messaging, has announced that it raised 20 million dollars in series A from C Ventures and Highland Europe. Threads, the firm said, uses social media tools such as WhatsApp, Instagram, Snapchat and WeChat to help...