Applied Materials Inc. is suing a Chinese-owned rival over what it says was a 14-month effort to steal

A London-based money manager has just attached an ESG label to a Bitcoin exchange-traded fund, in a move

High-quality names Apple, Amazon, Starbucks, Netflix, and JPMorgan are all in the discount bin after a brutal September. Here's why it's time to buy.

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Aug 4, 2023--

To get the Apex Legends Octane pack Bundle for free, link your Amazon Prime and EA accounts to receive multiple in-game rewards.

Meta’s Twitter rival Threads appears to be struggling to hold on to users as its daily active user count is down by about four-fifth since its launch – just days after it broke records as the fastest-growing app ever. Within a few days of its launch, Instagram’s threads reached 100 million users, making it the most rapidly growing app ever developed. In comparison, OpenAI’s ChatGPT, which was the previous fastest-growing app, took two months to reach 100 million users. Growing at such a rapid rate, Threads easily became the leading competitor of X (formerly Twitter) with about three times as many users as all other rivals combined within hours of launching. But new data assessed by market research firm Sensor Tower suggests Threads is facing challenges in retaining its user base. The firm’s analysis points out that the daily active user count of Threads is down by 82 per cent since the app’s launch as of 31 July, CNN reported. Fewer users are opening the app and doing so less frequently, apart from spending less time there, according to Sensor Tower. Citing the market research firm, CNN said users spent barely three minutes per day on Threads, compared to nearly 20 minutes during its initial launch. Analysis by another firm Similarweb also pointed out that Threads is struggling to retain its users. While the app’s usage peaked on 7 July – immediately after its launch – with over 49 million daily active users on Android alone, this number had fallen to 12.6 million by 23 July, according to a blog post by Similarweb. At its peak, Threads reportedly had over a third of X’s audience on that platform, but by 23 July, this had dropped to about 12 per cent of the users on the Elon Musk-owned platform. Sensor Tower noted that Threads’ daily active user count is still falling at about 1 per cent each day. “Threads took off like a rocket, with its close linkage to Instagram as the booster. However, the developers of Threads will need to fill in missing features and add some new and unique ones if they want to make checking the app a daily habit for users,” Similarweb noted in its blog post. Despite falling numbers, Meta chief Mark Zuckerberg is “quite optimistic” about the app, intending now to focus on “retention and improving the basics”, according to CNN. “And then after that, we’ll focus on growing the community to the scale we think is possible,” Mr Zuckerberg said. Read More Meta is secretly building an AI chatbot with the personality of Abraham Lincoln Are you a Facebook user? Here’s how to claim your share of $725m settlement in privacy lawsuit Elon Musk red-faced as police halt Twitter sign removal leaving company called ‘ER’ Mark Zuckerberg reveals his 4,000 calorie diet and large McDonald’s order Meta is secretly building an AI chatbot with the personality of Abraham Lincoln Here’s how to claim your share of $725m settlement in Facebook’s privacy lawsuit

This time last year, hardly anyone in the US knew what Temu was. Now, as American consumers grapple

Elon Musk may want to send “tweet” back to the birds, but the ubiquitous term for posting on the site he now calls X is here to stay — at least for now

News organizations are in a cold war with OpenAI.

DALLAS & TAIPEI, Taiwan--(BUSINESS WIRE)--May 23, 2023--

We could be about to see two of the biggest billionaire dweebs go head to head, after Elon Musk made it clear that he’s up for a cage fight with Mark Zuckerberg. It comes following speculation that Zuckerberg is going to release his own platform named "Threads", which sounds like a pretty similar concept to Twitter, and Musk doesn’t seem happy about it. In fact, he’s joked about taking the Meta founder on in a fight. Froothie founder Mario Nawfal posted about the new platform on Twitter, writing: “META, the same company that copied Snapchat, TikTok, StumbleUpon, Foursquare, BeReal, and Clubhouse, began coding ‘Project 92’ three months after Elon acquired Twitter…Rumors have been circulating about the app’s public name being Threads”. Sign up to our free Indy100 weekly newsletter Musk replied, commenting on Meta’s grip over the social media landscape, writing: “I’m sure Earth can’t wait to be exclusively under Zuck’s thumb with no other options. At least it will be ‘sane’. Was worried there for a moment.” Not finished there, he added: “I’m up for a cage match if he is lol.” In all fairness, Zuckerberg has shown that he’s no stranger to MMA fighting recently. He surprised people after turning up at a jiu-jitsu tournament, with footage appearing to show him looking a little unhappy with the result of his bout. The Meta CEO was spotted taking on a fellow competitor in Redwood City in California earlier this year and he was eventually pinned after a tussle in the ring. The referee stopped the fight and awarded it to his opponent after believing that Zuckerberg had 'tapped out', with the referee later clearing up exactly what happened. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

Shipping’s international regulator set non-binding emissions goals that fail to align with restricting global warming to 1.5 degrees