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==Competition== | ==Competition== | ||
1. [[TikTok]] | |||
=== 1. [[TikTok]] === | |||
=== 2. Twitter === | |||
Twitter accusses Meta of "systematic" and “unlawful misappropriation” of trade secrets. According to Elon Musk attorney Alex Spiro, Threads was developed by former Twitter employees. The accussations indicate that Musk is concerned about Thread's technical capabilities. Meta denied the allegations. Its director of communications, Andy Stone said, “No one on the Threads engineering team is a former Twitter employee,” “That’s just not a thing.”<ref>https://www.cnbc.com/2023/07/06/twitter-accuses-meta-of-stealing-trade-secrets-for-its-new-threads-app.html</ref> Meanwhile, thirty million users have signed up for Threads<ref>https://www.bbc.com/news/technology-66112648</ref>. | |||
== Advertising Business == | == Advertising Business == |