Dubbed the 'Twitter-Killer', Threads logged 10 million sign-ups within the first seven hours of its launch.
Dubbed as the"Twitter-Killer", Threads logged 10 million sign ups within the first seven hours after its launch, with celebrities from Kim Kardashian to Gordon Ramsay joining the app.
"Threads will be off to a running start as it is built upon the Instagram platform with its massive user base and if users adopt Threads, advertisers will be following closely behind." Mastodon, another Twitter-like app, has 1.7 million monthly active users, according to the company's website, while Twitter co-founder Jack Dorsey-backed Bluesky has about 265,000 users.
"No doubt there will be bumps in the road, but Threads could provide support to Meta's share price if it turns out to be a success, as its huge number of initial sign ups suggests," said Victoria Scholar, head of investment at Interactive Investor. Threads was also among the trending topics on Twitter where many users shared links to their profiles on the rival app and memes, including Meta CEO Mark Zuckerberg, who on Wednesday posted on Twitter for the first time since 2012.Threads does not have hashtags and keyword search functions, which means users cannot follow real-time events like on Twitter. It does not yet have a direct messaging function and also lacks a desktop version that certain users, such as business organizations, rely on.
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