For Mark Zuckerberg’s Threads, the Real Rival Is Still TikTok -- Not the Former Twitter

Meta's Threads app logo is seen in this illustration taken July 4, 2023. (Reuters)
Meta's Threads app logo is seen in this illustration taken July 4, 2023. (Reuters)
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For Mark Zuckerberg’s Threads, the Real Rival Is Still TikTok -- Not the Former Twitter

Meta's Threads app logo is seen in this illustration taken July 4, 2023. (Reuters)
Meta's Threads app logo is seen in this illustration taken July 4, 2023. (Reuters)

Threads, the simple, bare-bones text-based social network created by Facebook owner Meta, burst onto the scene during a particularly bad week for the rival then still known as Twitter. It quickly amassed 100 million signups — a huge feat for a newcomer in the space — and was dubbed as a “Twitter killer.”

By week two, though, signups began to drop off. As of Aug. 7, the number of people who used Threads daily hovered around 10 million on Android phones, down from 49 million when it launched a month earlier, according to research firm SimilarWeb. Is Mark Zuckerberg’s latest venture just a flash in the pan? That depends on whether it can hold its own against its biggest rival. And no, that’s not X, the former Twitter. It’s TikTok. And the odds are not great.

“Mark Zuckerberg may have temporarily been distracted in his sparring with Elon Musk, but the real battle for Meta is with TikTok,” said Insider Intelligence analyst Jasmine Enberg. “And Zuckerberg still really needs to watch his back.”

It's true that before TikTok took over the role of digital town square and “originator of trends,” Enberg noted, the role was held by Twitter. But many of the biggest trends now come from people who came of age in the TikTok era — Gen Z and even younger kids and teens. And just as with stodgy Facebook, Twitter usage is also declining among teens, according to data from the Pew Research Center.

As such, text-based social media platform may not be all that appealing to the TikTok generation, where dances, makeup tips, outlandish recipes — not to mention the whole idea of de-influencers — spread via videos rather than the written word.

Regardless of format, though, Threads' biggest challenge is “being able to find a unique identity outside of being a Twitter alternative and outside of the expansion of Instagram,” Enberg said.

For now, it's not clear if it has one. The app amassed a massive initial user base, including well known celebrities and brands, precisely because it is an expansion of Instagram. To sign up for Threads, you need an Instagram account, and it's easy to toggle back and forth between the two. Instagram has well over a billion users (by some estimates closer to 2 billion), and the app has been luring users to Threads with notifications to join their friends there.

The question is, what to do once you're on? So far, Threads' user base is similar to that of Instagram, and prominent accounts are predictable — celebrities, politicians, news organizations, influencers and the like. It's harder to find original posts from regular people, unless your Instagram connections you ported over happen to be a chatty — or thready — bunch. If you sign up without connecting a well-used Instagram account, by creating one just so you can join Threads, the experience can feel impersonal and sterile as the app steers you to follow big, popular accounts that everyone else follows, too.

While many popular internet celebrities rushed to sign up for Threads and quickly amassed large followings, it's not clear how many of them are returning regularly. MrBeast, a popular YouTuber whose actual name is Jimmy Donaldson, has 5 million followers on the app. But he has not posted in two weeks — though he has sent several TikToks, tweets (or posts on the site now called X) and a 18-minute video on YouTube, where he has 175 million subscribers.

Zuckerberg, in a recent conference call, said he's “optimistic” about Threads but acknowledged there's a “lot of work to do” to make it reach its full potential.

“It has been sort of this weird anomalous thing in the tech industry that there hasn’t been an app for public discussions like this that has reached 1 billion people,” he said. “When I look at all the different social experiences, it just seems like there should be one like this.”

Maybe so, but it's not clear it'll be Threads. As Zuckerberg acknowledged during the same call, Meta has tried “a bunch of standalone experiences over time” but in general, it hasn't had much luck. There's Facebook, sure. But the company bought both Instagram and WhatsApp, its two other successful apps. The biggest one may be Messenger — but even that started as a service inside Facebook before it was spin out as a separate app.

“(It’s) awesome that we get a chance to work on this, and I’m really optimistic about where we are,” Zuckerberg said. “But it’s going to be a long road ahead.”



Trump Media to Merge with Nuclear Fusion Company that Wants to Power AI

FILE - The download screen for Truth Social app is seen on a laptop computer, March 20, 2024, in New York.  (AP Photo/John Minchillo, File)
FILE - The download screen for Truth Social app is seen on a laptop computer, March 20, 2024, in New York. (AP Photo/John Minchillo, File)
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Trump Media to Merge with Nuclear Fusion Company that Wants to Power AI

FILE - The download screen for Truth Social app is seen on a laptop computer, March 20, 2024, in New York.  (AP Photo/John Minchillo, File)
FILE - The download screen for Truth Social app is seen on a laptop computer, March 20, 2024, in New York. (AP Photo/John Minchillo, File)

Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion.

Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company with TAE Technologies CEO Michl Binderbauer.

The combined company says it plans to find a site and begin construction next year on the “world’s first utility-scale fusion power plant,” with aims to provide the electricity needed for artificial intelligence.

Shares of Trump Media & Technology, the parent company of President Donald Trump's Truth Social media platform, have tumbled 70% this year but jumped 20% before the opening bell Thursday.

Backed by Google and other investors, TAE is a private company and the merger with Trump Media would create one of the first publicly traded nuclear fusion companies.

“We’re taking a big step forward toward a revolutionary technology that will cement America’s global energy dominance for generations," The Associated Press quoted Nunes as saying in a prepared statement.

TAE focuses on nuclear fusion, a technology that combines two light atomic nuclei to form a single heavier one. It releases enormous amount of energy, a process that occurs on the sun and other stars, according to the United Nations' International Atomic Energy Agency. It's been seen as a promising solution to climate change caused by burning fossil fuels, but one that is a long way off compared to today's clean technologies like wind and solar.

TAE and Trump Media shareholders will each own approximately 50% of the combined company.

Trump is by far the largest stakeholder in Trump Media, owning 41% of all outstanding shares.

In October, the US Department of Energy released what it called a “roadmap” for fusion technology, with the aim of fostering “a burgeoning fusion private sector industry in the US toward maturity on the most rapid timeline.”

A number of tech companies, including Google, Microsoft and OpenAI CEO Sam Altman, have shown interest in fusion technology as a way of powering the energy-hungry data centers needed to build and run their AI products.

TAE and Trump Media say the transaction values each TAE common stock at $53.89 per share.

At closing, Trump Media & Technology Group will be the holding company for Truth Social and TAE, along with its subsidiaries TAE Power Solutions and TAE Life Sciences.


Brazil to Get Satellite Internet from Chinese Rival to Starlink in 2026

Brazil's new Chief of Staff of the Presidency Rui Costa attends a ministerial meeting at the Planalto Palace in Brasilia, Brazil January 6, 2023. REUTERS/Adriano Machado
Brazil's new Chief of Staff of the Presidency Rui Costa attends a ministerial meeting at the Planalto Palace in Brasilia, Brazil January 6, 2023. REUTERS/Adriano Machado
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Brazil to Get Satellite Internet from Chinese Rival to Starlink in 2026

Brazil's new Chief of Staff of the Presidency Rui Costa attends a ministerial meeting at the Planalto Palace in Brasilia, Brazil January 6, 2023. REUTERS/Adriano Machado
Brazil's new Chief of Staff of the Presidency Rui Costa attends a ministerial meeting at the Planalto Palace in Brasilia, Brazil January 6, 2023. REUTERS/Adriano Machado

Chinese low Earth orbit satellite company SpaceSail will start providing internet access to remote areas in Brazil in the first half of 2026, President Luiz Inacio Lula da Silva's chief of staff, Rui Costa, said on Wednesday, Reuters reported.

SpaceSail and Brazil's state-owned telecom Telebras had signed a memorandum of understanding in late 2024 to offer satellite internet services for schools, hospitals and other essential services in the South American country.

SpaceSail competes directly with Elon Musk's Starlink in the satellite internet market.


Google Launches First Ever Co-branded Credit Card in India

FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo
FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo
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Google Launches First Ever Co-branded Credit Card in India

FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo
FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo

Alphabet Inc's Google Pay launched its first co-branded digital credit card in India on Wednesday in partnership with Axis Bank, intensifying efforts to monetize its massive user base in the country's crowded fintech sector.

WHY IT'S IMPORTANT

While Google Pay is a dominant player in India's popular domestic payments network, the Unified Payments Interface (UPI), its core service generates zero revenue from user-to-user payments due to government mandates. It, however, earns commissions for in-app services like bill payments and mobile recharges, Reuters reported.

The credit card launch opens a new avenue for Google to monetize its user base, mirroring strategies by domestic rivals Paytm and PhonePe to cross-sell lending products to payment users.

BY THE NUMBERS

India has just 50 million credit card holders, according to Google Pay, whereas its population exceeds 1.4 billion.

Google Pay meanwhile is the second top app in India by number of UPI transactions, having processed nearly 7.2 billion transactions in October alone.

HOW IT WORKS

Axis Bank manages the credit risk and issuance, while the digital-only card will be linked to the Google Pay app to make online and offline payments on the go.