Some Tech Influencers Eye Zuckerberg's Threads Amid Frequent Changes On Musk's X
Portfolio Pulse from Rounak Jain
Tech influencers and popular YouTubers are considering leaving Elon Musk's X (formerly Twitter) due to frequent changes and moving to Mark Zuckerberg's Threads. Influencers are unsettled by Musk's changes to the platform, including killing third-party apps, increasing advertisements, and devaluing the blue checkmark. X has lost nearly 12% of its daily active users since Musk's acquisition. While Threads is not performing exceptionally well, gaining tech influencers from X could attract power users.
October 06, 2023 | 1:05 pm
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POSITIVE IMPACT
Tech influencers are considering moving to Threads, a platform owned by Meta Platforms Inc. This could potentially increase the user base of Threads.
The news of tech influencers considering moving to Threads could potentially attract more users to the platform, which could positively impact Meta Platforms Inc.'s user base and potentially its stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80