Post
Topic
Board Economics
Re: Can Twitter Stock Experience the same Rise?
by
SaveOurSea
on 15/07/2023, 20:04:38 UTC
Some few days ago, Mark Zuckerberg launched a new app called Thread. The whole netzines are wondering what his intention. Could this be an experiment. The shocking though expected of it is that a few hours after it was launched, it recorded success both in the number of users who signed up to use the app and most importantly on Meta's stock. However, looking critically at the app we can it is obvious that it is merely Instagram clone.

There is no transparency in many of Mark Zuckerberg application, I think this Threads is same firstly I noticed that it's just another version of Instagram and automatically you can get added by your friends from Instagram although some people who are in chase of increased followers but people like me that love privacy aren't cool with it.

I have stayed on the application for a while and if the intention was for threads to compete with Twitter then I don't see any competition, Twitter is on a league of its own and mark Zuckerberg should not expect to dethrone Twitter. I think threads hype would die down in few days .
Indeed, so far no one has been able to compete with Twitter but with Threads at least it makes competition even though it will be difficult,
I think we need to look at the positive side,
and regarding the hype it seems that we can see that from the beginning they started switching to Threads now they are back to Twitter.