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Transcripts For BBCNEWS World 20240705

us, you are in time for the top business stories. we start in the us where, as you ve been hearing in the last few hours, meta, the owner of facebook, instagram and whatsapp, has launched its widely anticipated new conversation app, threads. it allows users to create posts of up to 500 characters and is being seen as a clear rival to twitter. threads is available to download in more than 100 countries around the world, including here in the uk, but not as yet in the european union because of concerns over privacy regulations. meta boss mark zuckerberg says 5 million users have already signed up to threads in the first four hours. and many tech industry watchers say it poses a very real threat to twitter. i think threads will pose a huge threat to twitter because it is coming from the matter and instagram family of apps. instagram has 2 million users compared to around 250 million of twitter so about ten times bigger already. of twitter so about ten times biggeralready. if of

Transcripts for BBCNEWS World Business Report 20240604 04:35:00

on instagram threads user is now? i am not on instagram or threads user is now? i am not on instagram or facebook. - threads user is now? i am not on instagram or facebook. i l threads user is now? i am not. on instagram or facebook. i am not the best person to talk to, i have to admit. not the best person to talk to, i have to admit. thank you. we will speak i have to admit. thank you. we will speak to i have to admit. thank you. we will speak to you i have to admit. thank you. we will speak to you again. - i have to admit. thank you. we will speak to you again. it - will speak to you again. it will speak to you again. it will be interesting to see what our viewers think of this. treat us on twitter to let us know if you are using threads, what you make of it. to china now, where us treasury secretary janet yellen is arriving shortly for a four day visit aimed at rebooting communications between the world s two biggest economies. billions of dollars worth of trump era import

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