Instagram’s Twitter competitor Threads now has close to 100 million subscribers after launching five days ago.
According to a count by Search Engine Journal (SEJ), Instagram’s new social media platform Threads is closing in on 100 million subscribers. Threads has been designed to challenge Twitter which has been in a freefall dive ever since it was purchased last October by Elon Musk. Musk has created an unstable environment at Twitter by going back and forth on checkmarks, letting employees go that he found out later were vital to Twitter’s operations, and most recently slapping a cap on the number of tweets users can view in a day.In true Musk fashion, the cap on the number of tweets subscribers could view daily seemed to be arbitrarily conceived and then hiked later in the same day. You can’t blame Elon for trying numerous ways to monetize Twitter; after all, even for one of the richest men in the world, $44 billion is a lot of money to spend on a single purchase. But the instability of Musk’s reign has led competitors and advertisers to feel that Twitter is vulnerable.
