Published 18:53 IST, July 4th 2023
Mark Zuckerberg takes on Elon Musk as Meta plans to launch Twitter-like app Threads
Threads, Instagram's text-based conversation app, is expected to be released on Thursday
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Meta Platforms plans to launch a Twitter-rivalling microblogging app called Threads, days after Twitter boss Elon Musk attracted criticism by anuncing a temporary cap on how many posts users can read on social media site.
Threads is expected to be released on Thursday and will allow users to retain followers from photo-sharing platform Instagram, and keep same username, a listing on Apple's App Store showed.
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rollout represents a direct challenge to Twitter, which has faced numerous controversies since Musk bought company for $44 billion in 2022.
Last week, Tesla billionaire anunced a slate of new restrictions on app, limiting number of tweets users could view per day, prompting outcry from many on platform.
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While alternative microblogging sites - such as Mastodon and Blue Sky - have seen an uptick in user numbers since Musk's acquisition, neir has been able to challenge Twitter.
But Instagram already has hundreds of millions of registered users and has a history of introducing new features based on success of or social media firms.
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In 2016, it added a feature called "stories" to Instagram, or user posts that disappear after a fixed amount of time, in response to rising popularity of Snapchat.
More recently, company's short-form video feature "Reels" has sought to challenge rise of TikTok.
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launch of Threads represents a credible threat to Twitter under Musk.
"Threads is going to pose a huge threat to Twitter because it's coming from Meta and Instagram family of apps," said Drew Benvie, CEO of social media consultancy Battenhall.
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"Instagram has 2 billion users compared to around 250 million of Twitter, so it's about ten times bigger already. If only one-in-ten Instagram users tries using Threads, it will overtake Twitter in blink of an eye."
After acquiring company late last year, Musk laid off around 80% of staff and reinstated a number of banned accounts, such as those of former U.S. President Donald Trump and conservative satirical news site Babylon Bee.
Hundreds of advertisers, concerned by a perceived rise in harmful content on platform, paused spending with Twitter, and internal documents seen by Reuters showed platform's most active users becoming disengd.
Meta did t immediately respond to a Reuters request for comment on a similar launch on Google Play Store. Reuters approached Twitter for comment.
11:34 IST, July 4th 2023