Samsung Chairman Lee Jae-yong Expected to Meet Nvidia CEO Jensen Huang on AI and Chip Partnership 
AstraZeneca Shares Sink After Wainua Trial Misses Key Heart Disease Goal 
Levi Strauss Raises 2026 Outlook After Q2 Earnings Beat, Shares Drop Despite Strong Results 
AI Memory Chip Shortage Likely to Persist Despite Korea Investment Boom, Nomura Says 
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds 
Asian Stocks Slip as Iran Tensions, Samsung Weakness and Fed Caution Weigh on Markets 
Dollar Slips After Fed Minutes as Iran Tensions, Inflation Risks Keep Markets Cautious 
Asian Stocks Rise as AI Chip Rally Offsets Middle East Tensions 
Foxconn Q2 Revenue Surges Nearly 40% on Strong AI Server Demand 
Deutsche Bank Sees Global Capital Shifts Reshaping Long-Term U.S. Dollar Outlook 
Fast Retailing Raises Full-Year Forecast After Uniqlo Owner Beats Q3 Profit Estimates 
Wolfspeed Sues Navitas Over GaN and SiC Patent Infringement 
Venezuela Earthquake Death Toll Climbs to 3,811 as Government Seeks Sanctions Relief 
LG Energy Solution Q2 Profit Plunges 77% Despite Revenue Growth on Weak EV Demand 
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings 
Samsung Q2 Profit Seen Soaring as AI Memory Demand Keeps Chip Prices Elevated 
Kitron Q2 Revenue Beats Estimates as Defense Demand Lifts Growth 
Meta's new platform, Threads, once solely a mobile app, has now expanded to the web to contest X (formerly Twitter) as the go-to platform for celebrities, corporations, and governments. The move follows a lukewarm mobile debut.
Introducing a web version is crucial to attracting professionals and media figures, who tend to be the most active social media users during working hours, primarily posting from their computers. Instagram head and Threads leader Adam Mosseri announced, "Threads.net is now live for everyone. Let us know what you think."
Previously, Threads was solely accessible as a mobile app exclusively for iPhones and Android devices. However, Meta promises to bridge the gap between the web and mobile experiences, with ongoing improvements and added functionality coming to the web version in the following weeks.
During its initial release in early July, Threads achieved record-breaking download rates, surpassing AI sensation ChatGPT's previous feats. Nevertheless, the app's popularity waned swiftly as early adopters gradually decreased usage and expressed the need for a web version and other enhancements.
High-profile figures granted early access to Threads, including Jennifer Lopez and American Football star Tom Brady, have rarely utilized the platform. Meanwhile, rebranded as X, Twitter remains dominant in facilitating comments and disseminating news. However, X's standing has declined since Elon Musk assumed ownership, leading users to explore alternatives due to the resultant chaos.
According to Similarweb's data, daily active users on the Android version of Threads plummeted from a peak of 49.3 million to 10.3 million. Meta CEO Mark Zuckerberg acknowledged in the early stages of the launch that the app would require time to stabilize before focusing on community growth.
While Meta's Threads faces an uphill battle in challenging Twitter's supremacy, the availability of the web version marks a significant step forward. Only time will tell whether Meta can gain a foothold in the highly competitive world of social media platforms, especially as users continue to seek stability and novelty in their online experiences.
Photo: BoliviaInteligente/Unsplash
