Press Release Today TheBitTimes.com

CNBC’s Mad Money host Jim Cramer said that Mark Zuckerberg’s newly launched Threads app “killed Twitter” after it received 100 million downloads in just five days. In comparison, it took Twitter nearly 17 years to achieve the 368 million active users milestone. Meta launched Threads, challenging Elon Musk’s Twitter (X) and boasting features from various apps like Facebook, Instagram, and X. Surprisingly, just a few days after Cramer said that Threads “killed Twitter”, Meta’s new app began to decline. Also Read: BRICS: U.S. Dollar Dominance May Be Coming to an End $META's Threads has the potential to be the kinder, gentler Twitter , says @jimcramer. Jim tells @carlquintanilla “game, set, match” in the latest round of Mark Zuckerberg vs. Elon Musk as $META is set to launch a Twitter competitor. pic. Twitter .com/zGJuED6Ty6 — Squawk on the Street (@SquawkStreet) July 5, 2023 Meta: Google Search For Threads ...

This week has proven to be a busy one for social media platforms and their bigwig bosses. Twitter rival Bluesky announced an $8 million seed round on the eve of the launch of Threads, Meta’s own rival to Elon Musk’s bird website, just as Twitter announced it has secured a money transmitter license in several US states. Twitter founder Jack Dorsey’s Bluesky launch ed its beta release in February. On Wednesday, it shared a press release announcing an $8 million funding round , led by Neo, that would allow the firm to expand its team and grow the app. Additionally, Bluesky shared news of its first paid service — custom domains. “Domains have so much potential as a personalized way to customize identities and as a decentralized way to verify reputation that builds off the existing web,” Bluesky’s statement read. The firm pointed out that while many of its users already customise their domains, such as US senators, the process “requires some familiarity with domain registrars and DNS...