What is Twitter?
Twitter is a popular social media platform that allows users to post short messages known as "tweets." Tweets can contain text, images, videos, links, and hashtags and are limited to a maximum of 280 characters (previously 140 characters until November 2017).
Twitter was founded in 2006 and has grown to become one of the most influential social media platforms in the world. It enables users to follow other accounts and receive updates from those they follow. This asymmetric follower model allows for quick dissemination of information, news, opinions, and trends.
Twitter has also been instrumental in various social movements, allowing users to raise awareness about social and political issues while mobilizing communities around causes.
What is Threads by INSTAGRAM (meta)?
Meta is the parent company of several popular social media platforms, including Facebook, Instagram, WhatsApp, and Messenger. The company which was previously known as Facebook, Inc. rebrand itself October 2021 to Meta to reflect its broader vision and focus on building the "metaverse”
While the rebranding to Meta signifies a shift in focus, Facebook, Instagram, WhatsApp, and Messenger continue to operate as individual social media platforms under the Meta company umbrella .
The threads by Meta were released in early July the time when threads gained a million sign-ups within the first hour of their launch whereas Twitter was rapidly losing followers and sign-ups due to its new policies which were not appreciated by many followers and most established brands, already on Twitter. The apps in general have the same functions. The threads gained a million sign-ups within the first hour of its launch.
Twitter and Threads: A Financial Battle
Expert Verdict about Threads and Meta`s Future.
The precise value of Threads by Meta is not currently known to the general public as of July 27, 2023. But lately, experts have been talking a lot about Threads because they believe it will have a significant impact on Meta. In fact, after the release of Threads, Cowen analysts changed their rating for Meta's shares from a hold to a buy, increasing Meta's price objective from $220 to $3451. According to FactSet data, Global Equities Research, which set a $400 price objective for Meta last week, is among the nine firms that have increased their price targets for Meta since the launch of Threads. The market value of Meta would increase from over $800 billion to just over $1 trillion at a $400 share price, making it one of the seven corporations in the world with a market capitalization of $1 trillion or more.
Twitter`s Platform Underwent Controversial Changes.
Twitter is a well-known social networking site where users may exchange tweets, pictures, videos, and other types of material. Jack Dorsey, Biz Stone, Evan Williams, and Noah Glass started Twitter in 2006. Elon Musk, the creator of Tesla and SpaceX, purchased Twitter in 2022 for $44 billion. According to several sources, Twitter's worth has considerably decreased since Elon Musk has taken over. As of April 28, 2031, Twitter's valuation had decreased to around $15 billion, according to Fidelity, one of its investors. Musk reportedly neglected to pay several invoices while cutting expenses by firing the majority of Twitter's staff, while businesses have sued Twitter for nonpayment. Along with these significant platform modifications, he also got rid of the character restriction, added a subscription charge, and banned specific individuals and subjects. Twitter's user base and income have decreased as a result of these changes, which have also alienated many users and advertisers. He declared that he intended to utilize Twitter as a launchpad for his other businesses, including Tesla, SpaceX, Neural ink, and Starlink. Elon Musk fully relaunched Twitter as "X" in what appears to be a frantic attempt to deal with the launch of Threads. Users feel cut off from one of their favorite applications as a result of this shift, which also involves tweets being referred to as "X's" now.
Threads vs Twitter :A Social Media Platform Comparison
Threads and Twitter are both social media platforms that allow users to share short messages, images, videos, and other content. However, some differences between them may affect your preference. Here are some of the main features and differences of Threads and Twitter:
In July 2023, Meta, the organization previously known as Facebook, released a new app called Threads. It is intended to be a text-based chat program that is similar to Twitter in terms of structure and dynamics. With more than 300 million active users, Twitter is an older platform that was established in 2006.
You must log in into Threads using your Instagram account to effortlessly import your profile information and follow the same people you do on Instagram. You may create your profile on Twitter without having to link any other social media accounts, giving you greater freedom and flexibility for choosing whom to follow.
While Twitter only permits 280 characters per tweet, Threads allows you to publish up to 500 characters per thread.
Twitter only permits four photographs for each post, whereas Threads allows up to 10.
Threads currently lack the hashtag and search features that Twitter offers.
Only the iOS and Android mobile apps for Threads are presently accessible. There are more places and ways to utilize Twitter because it can be accessed from both mobile applications and online browsers.
There are no features in Threads that are behind a paywall and it is free to download and use. Although Twitter is free to use, it does have a paid membership service called Twitter Blue that provides you access to premium features including the ability to undo tweets, bookmark folders, and change the app icon.
Both Threads and Twitter have their pros and cons, depending on what you are looking for in a social media platform. You may want to try both of them out and see which one suits your needs and preferences better!
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