Meta Likely Preponing Launch Of Twitter Clone ‘Threads’ App

Crypto Market News: In the wake of Twitter’s new restrictions that limit daily user activity on the platform, Mark Zuckerberg is reportedly making quick moves to launch the ‘Threads’ app as a direct rival to Elon Musk’s social media site. Industry experts view the upcoming app as a strong competitor to Twitter, considering Zuckerberg’s experience in running Instagram and Meta’s history in the social media category. Last week, Musk announced limitations to the number of posts each user can access per day to prevent the data scraping problem on the platform. Accordingly, the restrictions were designed in favor of the verified users who pay the monthly subscription fees.

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This makes Zuckerberg’s upcoming launch a perfect opportunity for users at the right time, assuming that the new platform would stay away from offering paid services for a considerable amount of time from the launch. Meanwhile, it remains to be seen how the ‘Threads’ platform would handle the data scraping issue especially from artificial intelligence companies.

Threads App Launch Preponed?

According to a Wall Street Journal report, Meta is preparing to launch the Twitter rival very soon. The Threads platform will hit the market soon after Musk announced new restrictions on user activity, the report explained, indicating signs of preponing the app launch in this scenario. In the last few days, Meta appears to have released an early version of the app on the Play Store, making it available to select European countries. Screenshots of the app’s user interface show a clear adaptation of the Instagram style font and the ability to log in with Instagram accounts, making it easier for users to bring in existing followers to the new app.

Therefore, it could be longer before full scale global launch of the Threads app, following launch in the United States and select countries.

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Anvesh reports major crypto updates around regulation, lawsuits and trading trends. Published around 1,000 articles and counting on crypto and web 3.0. He is currently based in Hyderabad, India. Reach out to him at [email protected] or twitter.com/BitcoinReddy

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