beaten a record set by open air chat app, signing up more than 100 million users in under five days. now, it was just last wednesday that threads went live on apple and android app stores in 100 countries. meta boss mark zuckerberg said he couldn t believe the milestone had been reached so fast, but it feels like lots of people are already on it. well, that s partly because it s connected to instagram. meta, remember isn t creating an app from scratch. it s benefiting from its two billion instagram followers, and that s giving it a massive shot in the arm. analysts are calling this the first serious threat to the elon musk owned twitter. according to similarweb, twitter s web traffic was down 11% from the year prior. that s in the days immediately after threads launch. it s worth remembering threads is not the first attempt to challenge the micro blogging app, but others such as mastodon, blue sky and truth social, well, they all remain still pretty small right now. as history shows, t
better conditions, as well as better pay, and as you can see behind me, members of the national education unionjust about to members of the national education union just about to set off for their march down the may high street here in redding. their march down the may high street here in redding. thank you very much indeed. domain here in redding. thank you very much indeed. domain the here in redding. thank you very much indeed. domain the high here in redding. thank you very much indeed. domain the high street. i now, it s not much more than 2a hours old and it s already becoming the fastest growing app of all time. threads the social media platform launched by meta to rival twitter has signed up more than 30 million users according to meta boss, mark zuckerberg. many users say that reds strongly resembles twitter. now twitter is threatening legal action accusing meta of engaging in systemic, wilful and unlawful misappropriation of twitter s trade secrets and
apple app store, will be linked to instagram. meta describes threads as a text based conversation app - the move is the latest in a rivalry between meta boss, mark zuckerberg, and twitter owner, elon musk. they have got a lot of rivalry going on. we ve been hearing about the possibility of them actually having a physical confrontation. let s talk this through. live now to fiona cincotta, city index. so this is interesting. threads, a launch of something thatis threads, a launch of something that is seen to be very, very similar to twitter, which will be kind of linked to instagram. you wonder what the thinking is on the part of mark zuckerberg. he likes to copy, doesn t he? yeah that s right. this wouldn t be the first time that we ve seen meta deliberately
meta s lay offs are the latest in a string of us tech firms tightening their belts. last friday, twitter s new owner, elon musk, laid off half the staff, saying he had no choice as the platform was losing money. meta boss mark zuckerberg took an uncharacteristically humble approach in announcing his news. in a message to staff, he said he was sorry, and that he took full responsibility. he shouldn t have assumed that people would continue to behave like they had done during pandemic lockdowns, he said. a boom time for tech firms as lots of us lived our daily lives more online than ever in the absence of other options. their audience changed, their markets changed, their users began to change. and they ve been recovering from that, and now they have the whammy the double, triple whammy of a slowing down economy, inflation. no one s come up with a really great product, new product in the last few years. like other tech firms,