Meta Platforms (META) launches social media service ‘Threads’… Twitter Warning of Possible Legal Action |

2023-07-07 06:06:44

[인포스탁데일리=서동환 기자] Facebook’s parent company Meta Platforms, Inc. (NASDAQ:META) has launched a new social media service called ‘Threads’. Thread has almost similar functions to Twitter, but it is convenient to link with Instagram, so the number of subscribers is explosively increasing.

As Thread garnered attention early in its launch, competitor Twitter stepped in to contain it, warning of possible legal action.

According to local media reports in the United States, hours after Meta Platforms launched the thread, Twitter’s attorney Alex Spiro argued that META was “organized, intentional, and illegal theft of Twitter’s trade secrets and other intellectual property rights.” He sent a letter criticizing him.

Spiro also alleged that Meta hired dozens of former Twitter employees with access to trade secrets and classified information and directed them to develop a copycat app, “Thread,” in violation of state and federal laws.

Twitter owner Elon Musk, who had been silent about the thread’s release, weighed in on possible legal action when he tweeted late Thursday that “competition is fine, cheating isn’t.”

“To be clear, no one on the Thread engineering team is a former Twitter employee,” Meta spokesperson Andy Stone said in a Thread post. has been abbreviated.

On the other hand, Wall Street responded positively, predicting that Meta’s thread will not help potential customers generate profits in the short term, but will be an opportunity to add gradual sales and profits in the mid- to long-term.

Reporter Seo Dong-hwan [email protected]

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