Meta's Threads App to Launch Web Version Early This Week
Portfolio Pulse from Charles Gross
Meta Platforms Inc. is set to launch a web version of its Threads app early this week, according to the Wall Street Journal. This move is seen as an attempt to compete with X, although the article does not specify who X is.
August 21, 2023 | 12:08 am
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Meta Platforms is launching a web version of its Threads app, potentially expanding its user base and increasing competition in the market.
The launch of a web version of the Threads app could potentially increase Meta's user base and revenues. However, it also intensifies competition, the effects of which will depend on the response from users and competitors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100