Meta launches new Instagram app Threads ahead of schedule to mixed reception as Australians rush to try out Twitter's new rival skynews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from skynews.com.au Daily Mail and Mail on Sunday newspapers.
Loftus Peak s Chief Investment Officer Alex Pollak said Elon Musk had "c cked up" his handling of Twitter, opening the door for rival Meta to find success with its new platform Threads.
Threads is expected to launch on the App Store on July 6. Analysts say it is a credible threat to Elon Musk's Twitter. Meta stock reached an 18-month high today.