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CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.
CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

Threads: Mark Zuckerberg takes on Elon Musk

Looks like we might get a fight after all. Meta Platforms is planning to release a microblogging app called ‘Threads’. IGTV’s @AngelineOng takes a look at what this means for Elon Musk’s Twitter.

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(Video Transcript)

Threads

Now, tech news and media platforms are expecting to launch a new app. It's called Threads, and it is a platform where users can publish, share, or like short messages. Sound familiar? Well, it's pretty much like Zuckerberg taking on this space and Elon Musk.

Twitter

This Twitter-like rival couldn't come at a worse time for Elon Musk. His users are growing unhappy with the management of the app. Musk has just announced a temporary cap on how many posts users can read on the social media site. The rant will be directly linked to Instagram, which means using the same username as those using Instagram. It can easily put followers across using the new application.

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