Facebook owner Meta’s new Threads app, meant to rival Twitter, will not be available in the European Union when it launches Thursday because of regulatory concerns, a source close to the company said.
Facebook owner Meta’s new Threads app, meant to rival Twitter, will not be available in the European Union when it launches Thursday because of regulatory concerns, a source close to the company said.
The app is seen as the biggest challenge yet to Twitter since the takeover by Elon Musk sent the social media platform, hugely popular with politicians and celebrities, into chaos.
A source close to Meta said Wednesday that the tech giant was holding back from a Threads release in the EU’s 27 countries as it sought clarity on the bloc’s Digital Markets Act that will come into full force next year.
