The Instagram-based app Threads went live on Wednesday night and by Thursday morning, more than 30 million profiles had been activated.
This weekend, Meta unexpectedly launched a new text-based app, Threads, in the Google Play Store in certain regions.
According to Bloomberg News, Instagram, owned by Meta Platforms, is planning to launch a new text-based application that will directly compete with Twitter.
“We’re exploring a standalone, decentralized social network for sharing text updates,” a Meta spokesperson said in a statement to Variety.
“I’m guessing probably towards the end of the year would be good timing to find someone else to run the company.”
Zero-COVID, a fake crypto exchange, Elon Musk’s content moderation, and other technologies gone horribly wrong.
Musk’s tumultuous Twitter takeover continued to cause turmoil on Thursday, following executive resignations and a rare warning from the U.S. Federal Trade Commission (FTC).
“The reason I acquired Twitter is that it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence,” Musk said on Thursday.
Musk agreed to buy Twitter for $44 billion in April, then backed out; but now it seems that he will have to fulfill his promise.
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