OpenAI AI Agent Swarm Behind Hugging Face Hack 
Asian Chip Stocks Mixed After Nvidia Earnings Beat 
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns 
UAE Central Bank Probes Banque Misr Over Iran Links 
Iran Weighs Conditions to Reopen Strait of Hormuz 
HP Stock Drops 9% Despite Q3 Earnings Beat and Raised 2026 Outlook 
Trump Buys SpaceX Shares After Record IPO 
France Inflation Accelerates to 2.7% in August 
Nvidia Revenue Soars 106% as AI Demand Hits ‘Inflection Point’ 
BofA Names ASML Top Semiconductor Equipment Pick on Growth, Valuation 
Meta, U.S. States Discuss Settlement in Teen Addiction Trial 
Mercer International Stock Surges 45% on C$20 Million Canada Funding 
Nvidia Reportedly Eyes $13 Billion Hugging Face Acquisition 
Wall Street Slips as Warsh’s Hawkish Fed Speech Rattles Markets 
Bank of Korea Raises Rates to 3% as Inflation Stays Sticky 
Alibaba Raises $10.2 Billion to Expand AI Infrastructure 
Add as a preferred source on Google
Meta Platforms Inc., formerly Facebook, launched its latest product, "Threads," yesterday in an ambitious move to take on Twitter. Designed for real-time online conversations, this new platform presents a striking similarity to Elon Musk's version of Twitter. It enables users to connect with like-minded individuals over common topics.
According to CNN Business, Meta’s new Threads service was created to offer users a space for real-time conversations online. This is a similar function that is similar to Twitter which has been its main selling point. Moreover, observers said the new app has many similarities to Elon Musk’s Twitter platform, from the layout to the product description.
The Threads app first appeared online when Meta started teasing users about a new place on the web where people can chat endlessly. In the teaser, the company especially stressed the app’s potential to connect and build a following with like-minded people who can come together to discuss similar topics or things that interest them.
“We are committed to giving you more control over your audience on Threads – our plan is to work with ActivityPub to provide you the option to stop using Threads and transfer your content to another service,” Meta said in the announcement. “Our vision is that people using compatible apps will be able to follow and interact with people on Threads without having a Threads account, and vice versa, ushering in a new era of diverse and interconnected networks.”
The social media platform further explained, “If you have a public profile on Threads, this means your posts would be accessible from other apps, allowing you to reach new people with no added effort. If you have a private profile, you will be able to approve users on Threads who want to follow you and interact with your content, similar to your experience on Instagram.”
Finally, Meta confirmed that it has rolled out Threads on Wednesday, July 5, and it will be available to users in more than 100 countries. IOS and Android users can download the app from the Apple App Store and Google Play Store to enjoy the new service.
Photo by: Dima Solomin/Unsplash
