Jack Dorsey Mocks Mark Zuckerberg For Sending A Follow Request On Threads: "Too Soon"
Portfolio Pulse from Bibhu Pattnaik
Meta Platforms Inc.'s social media app Threads has seen a drop in daily active users and time spent on the app, despite reaching 100 million users in five days. Twitter founder Jack Dorsey mocked Meta CEO Mark Zuckerberg for sending a follow request on Threads. Dorsey has previously criticized Meta's product for resembling Twitter.
July 16, 2023 | 6:29 pm
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NEGATIVE IMPACT
Meta's Threads app is experiencing a drop in user engagement, which could potentially impact the company's revenue and stock price. The public criticism from Twitter's founder could also negatively affect the perception of Meta's product.
The drop in user engagement on Meta's Threads app could potentially lead to a decrease in ad revenue for the company. Additionally, the public criticism from a prominent figure in the tech industry could negatively affect the perception of Meta's product, potentially leading to further decreases in user engagement.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100