Washington CNN —In less than 48 hours, Meta’s Twitter rival Threads has surpassed 70 million sign-ups, upended the social media landscape and appears to have rattled Twitter enough that it is now threatening legal action against Meta.
By promoting Threads through Instagram, and by sharing Instagram user data with Threads to let people instantly recreate their social networks, Meta has significantly greased the onboarding process.
The issue isn’t limited to the realm of social media.
Rather than viewing it through the lens of a social media market, one helpful way to look at the issue is from the perspective of the advertising market, he said.
That could lead to further antitrust scrutiny for Meta even if the question about competition in social media is ambiguous.
Persons:
Elon, Meta, Mark Zuckerberg, ”, Instagram, Musk, ” Reddit, Alexis Ohanian, Ohanian, Agustin Reyna, Reyna, Adam Mosseri, Geoffrey Manne, ” Manne, Zuckerberg, Manne, Jeff Blattner, Mosseri, Charlotte Slaiman, “
Organizations:
Washington CNN, Meta, Twitter, EU, Google, Center for Law
Locations:
Europe, Brussels, Portland , Oregon, Washington