Metas meteoric Threads launch; Rivians auspicious week
FinanzenăăMetaâs meteoric Threads launch; Rivianâs auspicious weekăă4 mins agoăăBitcoin Ethereum NachrichtenăăBy Louis Juricic and Sarina IsaacsăăInvesting.com â Here is your weekly Pro Recap on the biggest headlines out of tech this week: Metaâs massive Threads launch (and Twitterâs lawsuit warning); a boost for Alibaba ; and radiant headlines for Rivian.ăăInvestingPro subscribers get tech headlines like these in real time. Never miss another market-moving alert.ăăMetas Threads app launches with a bang â and a legal threatăăMeta Platforms (NASDAQ:META) CEO Mark Zuckerberg said on Friday that its new Threads app â which some are calling the âTwitter killerâ â had already amassed 70 million signups after its Wednesday-night launch, thanks in large part to its tremendous Instagram user base.ăăA day earlier, Twitter responded to the launch by threatening to sue Meta, according to a letter sent by Twitter attorney Alex Spiro that Semafor obtained.ăăThe letter accuses Meta of attempting to create a âcopycatâ app by unlawfully poaching numerous ex-Twitter employees, then tasking these employees with developing the Threads app with the intention of utilizing Twitterâs trade secrets and intellectual property in order to expedite the appâs creation. The letter demands that Meta immediately cease use of that information.ăăMeta, via its communications director