Mark Zuckerberg's Threads Will Soon Get Another Trendy Feature Cloned From Elon Musk's X
Portfolio Pulse from Rounak Jain
Meta Platforms Inc.'s Threads will soon introduce a trending topics feature, similar to its rival X (formerly Twitter). The feature was leaked by an unnamed Meta employee. Despite a significant drop in active users, Meta has been adding features to Threads. X remains popular with 21 million active users in the US in the first half of September, slightly down from 22 million in July. Threads, however, declined to 1.1 million active users in the first half of September, from 3.3 million in July.
October 09, 2023 | 5:46 am
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Meta's Threads is set to introduce a trending topics feature. Despite a drop in active users, Meta continues to enhance Threads with new features. However, user numbers for Threads have significantly declined.
The introduction of a trending topics feature shows Meta's commitment to improving Threads despite a drop in active users. However, the significant decline in user numbers could negatively impact Meta's stock in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100