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  • Zuckerberg's company. Meta has launched its new APP that's expected

  • to compete with Twitter, which is faced backlash under the ownership

  • of Elon Musk. The text based APP, known as threads looks nearly identical

  • to Twitter and has seen more than 30 million users sign up since

  • yesterday's launch. Mike Isaac is a technology reporter for The New

  • York Times, and he's been covering it all, Mike welcome. And thanks

  • for joining us 30 Million sign ups as of noon today was that to be

  • expected, or does that number surprise you? It's certainly surprised

  • me. It's even really surprised Mark Zuckerberg, who woke up this

  • morning and around eight AM posted 30 million, and last night he

  • was posting every couple of hours, basically as the numbers of users

  • ticked up, so I think even inside of Instagram, Facebook and Meta,

  • they're really surprised at how quickly people are embracing the

  • app. So I think you've been testing out the new app as as have I

  • many other people to. What do you think? How is threads going to

  • compete with Twitter? Yeah, I mean, the sort of simplicity of it

  • in that It is basically the exact same thing as Twitter. I think

  • really helps the product just because folks have been really upset

  • by a lot of the changes that Elon Musk has made to Twitter since

  • he bought it last year. And they basically wanted another Twitter

  • but not owned by Elon Musk, and this also lets you Import the graph

  • of people that you follow on instagram over to the new APP, which

  • basically makes it up, making it easy to get up and going right away.

  • Instead of having to follow a bunch of people right off the bat,

  • and the functionality is basically the same. Right. It's text based.

  • You have still have a scrolling feed. You can post videos and pictures

  • to But what about the timing, Mike? Why now? Why is Mark Zuckerberg?

  • Going into Twitter's territory right now. Sure, you know, Frankly,

  • I think it's because Mark since his weakness and there is weakness,

  • you know, since Ellen must took over Twitter has made a number of

  • strategic and business missteps. Last weekend over the long holiday

  • weekend, he took Twitter offline for a lot of people, and basically

  • the apps stopped working and You know, we were talking to the head

  • of Instagram yesterday and are reporting basically said that they

  • started developing the app inside of Meta last winter when they saw

  • that Twitter was really in tumult and Facebook and Mark Zuckerberg

  • intensely competitive, and they would they want to gain as much territory

  • as they can, and they saw that Twitter gave them an opportunity to

  • do so. So in terms of a response from Elon Musk, there's some reporting

  • that Twitter's threatening to now sue Meta over thread sending Zuckerberg

  • a cease and desist letter. We know musk has been Tweeting about this

  • this afternoon. He tweeted this saying competition is fine. Cheating

  • is not Mike. What is all this? Tell you about how Elon Musk views

  • this competitor. Yeah, he is not happy for sure. He, uh, has been

  • basically pushing back trying to get folks who are quote unquote,

  • scraping Twitter data or using it to build other apps and services

  • and I would take the threat of legal action Pretty real from him.

  • He likes going to court and using you know his advantage and having

  • billions of dollars to tangle things up in litigation is a real thing

  • that said he has a pretty formidable opponent in Meta and Facebook.

  • Look which is also got very deep pockets and is willing to go to

  • battle over this. As they said before that the suit they believe

  • is baseless. You cannot separate these apps from the men in charge.

  • You have two tech giants here in Mark Zuckerberg and Elon Musk. They've

  • engaged as you mentioned in their own personal feud online, even

  • threatening to physically fight one another. How does all of this

  • competition factor into these business decisions right now?

  • No, You're exactly right. I think just as much as involved as there

  • is business strategy, But I do think that we're in a really interesting

  • and difficult time in social media. And there was an assumption for

  • a long time that Facebook kind of owned it all. But it feels more

  • up for grabs in a lot of ways. That probably wasn't true a few years

  • ago, so you see You know, Twitter, sort of on the ropes, medical,

  • creating new abs, different startups like you know, Blue Sky mastodon

  • spill. There's a bunch of different companies that feel like there's

  • an opportunity here and at the helm of almost all of these. You have

  • either the billionaires of the world controlling them or would be

  • entrants from little startups that feel like they can break in from

  • like, be real, which is another one. So everything feels very up

  • for grabs and up in the air and Way that that's pretty exciting and

  • hasn't been like this in a while. We'll see what happens next. That

  • is Mike Isaac Technology reporter from The New York Times joining

  • us tonight, Mike. Thank you. Good to see you. Thanks for having me.

Zuckerberg's company. Meta has launched its new APP that's expected

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