Linda Yaccarino, On Threads Competition, Says X Is No Stranger To Competition; Says Threads Has Dropped Off Dramatically But Can Never Take Your Eye Off Any Competition, Keeping An Eye On Everything They Are Doing
Portfolio Pulse from Happy Mohamed
In a CNBC interview, Linda Yaccarino discussed the competition in the industry, specifically mentioning Threads. She noted that while Threads' performance has dropped significantly, it is important to keep an eye on all competitors.
August 10, 2023 | 2:39 pm
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NEUTRAL IMPACT
The mention of Threads, a potential competitor, could impact META. Despite Threads' performance drop, the company's activities are still being closely monitored, indicating potential future competition.
The news does not directly impact META's current performance but indicates potential future competition. The fact that Threads is still being closely watched despite its performance drop suggests that it could still pose a threat to META.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50