Twitter threatened to sue Meta just hours after the Instagram parent company launched Threads, an app it hopes will beat out the struggling site owned by Elon Musk. ManilaBulletin READ:
In a letter to Meta CEO Mark Zuckerberg, published by online news outlet Semafor on Thursday, Musk lawyer Alex Spiro accused the company of "unlawful misappropriation of Twitter's trade secrets and other intellectual property."
Zuckerberg's latest move against Musk further heightened the rivalry between the two multibillionaires who have even agreed to meet for hand to hand combat in a cage match. Accounts were already active for celebrities such as Jennifer Lopez, Shakira and Hugh Jackman, as well as media outlets including The Washington Post and The Economist.
Analyst Jasmine Engberg from Insider Intelligence said Threads only needs one out of four Instagram monthly users "to make it as big as Twitter." He also fired more than half of Twitter's staff, some of whom presumably went to other tech companies, including Meta.Meta has its legion of critics too, especially in the major market of Europe, which could slow the growth of Threads.
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