Meta, formerly known as Facebook, launched Threads, Instagram’s text-based conversation app, last week Wednesday, July 5. The application, designed to rival Elon Musk’s Twitter, recorded more than 30 million sign-ups on its first day. Currently at over 100 million sign-ups, the app has surpassed ChatGPT, thereby becoming the fastest-growing consumer application. Business analysts have begun to do a forecast of the app’s growth towards being a strong competitor to Twitter.
Read the Complete Story https://blog.trendsvillemedia.com/2023/07/12/financial-trajectory-of-threads-twitters-new-competitor/