Zuckerberg's Threads Might Be Picking Up, But Netizens Are Still Furious About Vague Explanation On This Crucial Aspect
Portfolio Pulse from Ananya Gairola
Meta Platforms Inc.'s Threads app has shown signs of resurgence, climbing in app rankings. However, user dissatisfaction persists due to the platform's vague stance on news content. Threads had crossed the 100 million sign-up mark in just five days of its launch, but it has since seen a considerable decline in active users, dropping from 3.3 million in July to 1.1 million in the first half of last month.
October 13, 2023 | 8:48 am
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Meta's Threads app is showing signs of resurgence but is facing user dissatisfaction due to its vague stance on news content. This could potentially impact the company's user base and stock price.
While the resurgence of Threads app is a positive sign for Meta, the ongoing user dissatisfaction over its vague stance on news content could potentially lead to a decline in user base. This could in turn impact the company's stock price. However, the exact impact is uncertain due to the mixed user sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100