Competition is fine, cheating is not - Elon Musk about Threads

Clones are clones not without a reason 10.Jul.23 5:42 AM By Shawn Highstraw Photo Twitter    130

Twitter is accusing Meta of cheating with its new messaging service Threads. According to Elon Musk's company, the Instagram parent company employed dozens of former Twitter employees who had access to the platform's trade secrets. So writes a Twitter lawyer in a letter, which is in the hands of Semafor. Musk also makes a comment, writing on Twitter: "Competition is fine, cheating is not." A source from Semafor says Twitter's accusations are unfounded. "No one in Threads' technical team is a former Twitter employee," the news site quotes. The accusations do seem to be a sign that Twitter sees the new competition as a serious threat. Threads has already received more than 30 million sign-ups in the first 18 hours after its launch. Threads accounts of celebrities such as Jennifer Lopez, Shakira and Hugh Jackman and media companies such as The Washington Post, Reuters and The Economist are already active. Most likely, Threads is successful because the app is linked to Instagram. This allows users to bring their followers and follower lists to Threads. Instagram has more than two billion monthly active users, almost 10 times as many as Twitter, according to recent figures. Other Twitter competitors have had limited success. Mastodon has 1.7 million monthly active users, while Bluesky has about 265,000 users. Twitter itself had 229 million monthly active users in May last year.

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