Musk-Zuckerberg Rivalry Takes Another Turn, Now Threads Tries To Turn The Tables Against X
Portfolio Pulse from Ananya Gairola
Meta Platforms Inc.'s Threads has removed the feature that allowed users to share posts directly on X, formerly Twitter. This move is seen as a new development in the ongoing rivalry between Elon Musk and Mark Zuckerberg. Threads, which became the fastest-growing consumer application in history after just five days of its launch, has since seen a decline in daily active users and usage time.
September 22, 2023 | 2:06 am
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NEGATIVE IMPACT
Meta's Threads has removed a feature that allowed sharing posts on X, which could impact its user engagement and growth. The app has already seen a decline in daily active users.
The removal of the feature to share posts on X from Threads could potentially reduce its visibility and user engagement, which could negatively impact its growth. Given that Threads has already seen a decline in daily active users, this move could further exacerbate the situation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100