Why People Might Leave Elon Musk's Twitter For Mark Zuckerberg's Threads
Portfolio Pulse from Ananya Gairola
A growing number of users are considering leaving Twitter for Meta Platforms Inc.'s Threads, a decentralized social media platform that has debuted on Apple Inc.’s iOS App Store. The app will be officially released on July 6. The shift is attributed to a combination of desperation, lack of viable alternatives, and strategic maneuvers by Meta. The launch of Threads coincides with Musk’s controversial rate limiting and Tweetdeck pay walling decisions on Twitter.
July 04, 2023 | 2:21 pm
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POSITIVE IMPACT
Apple's iOS App Store is the platform where Meta's Threads app has made its debut, which could potentially increase traffic on the App Store.
The debut of Meta's Threads app on Apple's iOS App Store could potentially increase traffic on the App Store, which could have a positive impact on Apple's stock in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Meta's Threads app is gaining attention as a potential alternative to Twitter, which could boost the company's user base and potentially its stock.
The news of users considering switching from Twitter to Meta's Threads could lead to an increase in Meta's user base, which could potentially boost its stock in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80