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Meta Platforms: Difference between revisions
→2. Twitter
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=== 2. Twitter === | === 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>. | 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, according to its CEO Mark Zuckerberg. When asked whether Threads will outshine Twitter, Zuckerberg said, "It'll take some time, but I think there should be a public conversations app with 1 billion+ people on it. "Twitter has had the opportunity to do this but hasn't nailed it. Hopefully we will."<ref>https://www.bbc.com/news/technology-66112648</ref>. | ||
== Advertising Business == | == Advertising Business == | ||