Threads, launched by Meta as a rival to Twitter, has created a buzz in the social media world. So much so that the platform reached 100 million users in just 5 days, breaking new ground in the field. Mark Zuckerberg, the company’s CEO, gave his assessment of Threads.
Mark Zuckerberg: Millions of users come to Threads every day
At a time when Twitter was facing a backlash, Meta, the umbrella company for Instagram, Facebook and WhatsApp, launched Threads as a competitor to Twitter. As a result, many people tired of Twitter’s unpredictable nature flocked to the platform. The platform almost broke a record for the number of users.
But the rapid rise has come to a halt. New data released recently shows a rapid decline in Threads’ user numbers and engagement. The company has seen a 20 per cent drop in users in recent days. However, the company’s phenomenal CEO disagrees. Mark Zuckerberg argued that progress on the Threads platform has been much better than expected, saying.
Meta's Twitter competitor platform, Threads, is experiencing a significant decline in user count and engagement.
We are now getting tens of millions of users every day. This is way beyond what we expected. I am very optimistic about the growth of the Threads community. It will take time to stabilise, but once we do, we will focus on growing the community. And I’m confident that Threads is on the right track.
During this time, Twitter’s business started to go bad. Advertising revenues began to fall. However, the company’s CEO, Linda Yaccarino, argued that Twitter was on the rise, stating that it had reached its highest level of active usage in recent years. Linda Yaccarino said that they recently had their highest usage day in the last 5 months. It seems that the CEOs of rival platform
