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    ITV Studios Launches New Entertainment Label – Global Bulletin – IMDb

    ITV Studios Unveils Exciting New Entertainment Label

    TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

    TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

    Jenny Han Dropped a Major ‘The Summer I Turned Pretty’ Easter Egg Revealing [SPOILER] – yahoo.com

    Jenny Han Just Unveiled a Huge ‘The Summer I Turned Pretty’ Easter Egg That Changes Everything [SPOILER]

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    Liam Payne’s Cousin Ross Harris Honors Late Singer with Emotional New Song ‘Bones

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

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    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

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    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

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Mark Zuckerberg’s Threads is catching up to Elon Musk’s X

July 4, 2024
in Business
Mark Zuckerberg’s Threads is catching up to Elon Musk’s X
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Meta founder and CEO Mark Zuckerberg speaks during Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023.

Meta founder and CEO Mark Zuckerberg speaks during Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023. Photo: JOSH EDELSON / AFP (Getty Images)

Meta CEO Mark Zuckerberg said on Wednesday that his Twitter copycat Instagram Threads has reached 175 million monthly active users — making another case for the platform to overtake Elon Musk’s X (formally Twitter).

Netflix and 3 other stocks to buy right now, according to a strategist

X’s value has plummeted since Musk took over; meanwhile, Zuckerberg is building Threads’ up. Musk, of course, claims that X is increasingly popular, with 550 million monthly active users, but analysts say it’s lagging behind social media rivals. By March 2024, daily active users on X were down 23% from the time Musk acquired it in late 2022. And in April, Threads overtook the site in terms of that metric: Threads had 28 million daily active users; X had 22 million.

Since its debut last year, Meta’s Threads has branded itself as a “less angry” alternative to X. Zuckerberg has also positioned Threads as a better kind of social media for society by making it part of an interconnected digital ecosystem called the “fediverse.”

Its user base also now includes Taylor Swift.

“It’s obviously nice to have Taylor Swift,” Meta’s chief product officer Chris Cox said during an interview at the Bloomberg Technology Summit in May. “Because [Threads is] connected to the Instagram accounts … it’s not hard for Taylor Swift to immediately light up her fan base and audience and [connect] to everything that she’s built up on Instagram.”

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Quartz – https://qz.com/meta-instagram-threads-175-million-users-elon-musk-x-1851576488

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