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Mark Zuckerberg says Twitter-rival Threads’ daily users ahead of expectations, reveals future plans

Ever since its launch on July 6, Meta's Instagram-powered Twitter-rival app Threads has been hitting big milestones. Just five days after its launch, it surpassed the massive 100 million registered users on the platform, becoming the fastest consumer application to reach this milestone and beating OpenAI's ChatGPT's record of 2 months. And now, Meta CEO Mark Zuckerberg has highlighted that the users are actively using the platform weeks after the launch.A few hours ago, Zuckerberg posted on Threads and said, “I'm very…

Musk Says Twitter Cash Flow Still Negative as Ad Revenue Halved

Twitter owner Elon Musk said the company still has a negative cash flow because of its heavy debt load and a roughly 50% drop in advertising revenue.The social media site will “need to reach positive cash flow before we have the luxury of anything else,” Musk said in a tweet. Several top advertisers paused spending on the platform after Musk acquired the company last year over concerns about changes the billionaire could make. Earlier this year, Musk said that many of the advertisers who fled had returned, and that…

5 things about AI you may have missed today: Google Bard gets update, Elon Musk on AI consciousness, more

While the whole world is debating the merits and demerits of Artificial intelligence (AI), advancements in the field continue at a rapid pace. Google recently announced several new features for its generative AI program Google Bard including the ability to speak its answers. Moreover, the AI chatbot is finally available in the EU. In other news, Elon Musk provided his thoughts on AI consciousness.All this, and more in our roundup of the 5 big things in AI that you may have missed today. 1. Google Bard gets new featuresIn…

Amid Thread’s success, Elon Musk says Twitter can hit ‘an all-time record’

Meta's newest social media project Threads has been making all the right headlines ever since its launch on July 6. The app has become the fastest consumer app to reach 100 million users yesterday, July 10, beating ChatGPT which reached the milestone in two months. But it appears that despite the mind-numbing success of Threads, Twitter is still doing well and is set to create some new records of its own. If you go by company executive chair and CTO Elon Musk, and CEO Linda Yaccarino's words, that is.A few hours ago,…

Amidst Twitter’s lawsuit threat to Threads, Elon Musk continues war of words with Mark Zuckerberg

Elon Musk's war of words with Meta CEO Mark Zuckerberg continues to rage on following the launch of the new Twitter rival called Threads. Both Musk and Zuckerberg have been exchanging blows on their respective microblogging platforms with threats of lawsuits, cryptic posts, and even the possibility of a cage match. In this latest feud, Musk called the Meta CEO a “cuck” on Sunday, in response to a screenshot of Zuckerberg's reply to a post by the American fast food chain Wendy's on Threads.The official Threads handle of…

Suspended Twitter account tracking Elon Musk’s jet moves to rival Meta’s Threads

 Jack Sweeney, the creator of an account tracking Elon Musk's private jet in real time, has moved to Mark Zuckerberg's Twitter-rival Threads after being suspended from Twitter last year."ElonJet has arrived to Threads!" read Sweeney's first post on Thursday from the account handle @elonmusksjet, which had over 21,000 followers as of Saturday morning. ElonJet has tracked the movements of Musk's private jet using data available in the public domain. In December Twitter Inc, owned by Musk, suspended the ElonJet account,…

elon musk sues wachtell law firm: Elon Musk sues Wachtell law firm to recoup fees from Twitter buyout

Elon Musk has sued the elite law firm Wachtell, Lipton, Rosen & Katz to recover most of a $90 million fee it received from Twitter for defeating his bid to walk away from his $44-billion buyout of the social media company.The complaint by Musk's X Corp, which owns Twitter, was filed on Wednesday in the California Superior Court in San Francisco. Musk accused Wachtell of exploiting Twitter by accepting, in the final days before the October 27, 2022 deadline to buy Twitter, a huge "success" fees doled out by departing…