Meta will release Instagram Threads, its latest response to its social media rivals, on Thursday.
Social media behemoth Meta’s stock reached an 18-month high Wednesday morning as the Facebook and Instagram parent company prepares to launch Instagram Threads, its long-awaited answer to rival Twitter, as competition heats up between billionaires Elon Musk and Mark Zuckerberg amid a turbulent year for Twitter.AFP via Getty ImagesMeta’s stock ticked up nearly 4% Wednesday morning, to $295.
Although details remain scarce on how to use Threads or what the app will feature, screenshots of the Twitter alternative show parallels to Twitter, giving users options including liking, posting, sharing and reposting, and allowing users to keep their Instagram usernames while using it.Instagram Threads marks Meta’s latest response to social media rivals, including video shorts platform TikTok and photo messaging app Snapchat, introducing Instagram Reels and Instagram Stories, respectively.
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