Zuckerberg is striking while Twitter undergoes fresh turmoil. Since Elon Musk bought the social platform last year, he has changed the service by tinkering with Twitter’s algorithm that decides which posts are most visible, thrown out content moderation rules that ban certain kinds of tweets and overhauled a verification process that confirms the identities of users.
Then over the weekend, Musk imposed limits on how many tweets its users would be able to read when using the app. He said the move was in response to other companies taking Twitter’s data in a process called “scraping.” Twitter’s users were soon met with messages that they had exceeded their “rate limit,” effectively making the app unusable after a short amount of time viewing posts. Many Twitter users became frustrated.
“If there’s ever been a more self-destructive owner of a multibillion-dollar enterprise who resents the very customers who determine the success of that enterprise, I am unaware of it,” Lou Paskalis, founder and CEO of AJL Advisory, a marketing and advertising technology strategy firm, said of Musk and Twitter.
The latest turbulence at Twitter appears to have given Zuckerberg an opening for Threads.
Meta’s executives have discussed how to capitalize on the chaos at Twitter since last year, including by building a rival service. “Twitter is in crisis and Meta needs its mojo back,” one Meta employee wrote in an internal post last year, according to a report in December by The New York Times. “LET’S GO FOR THEIR BREAD AND BUTTER.”
That has resulted in Threads, a crash project spun out of Instagram and internally code-named Project 92. Users will be able to log into Threads using their Instagram account, according to photo previews of the app displayed in Apple’s App Store.
Meta executives previously characterized the app as a “sanely run” version of a public-facing social network, in a not-so-subtle jab at Musk’s erratic behaviour.
Musk and Twitter did not immediately respond to a request for comment. But Threads quickly gained attention online, with Jack Dorsey, one of Twitter’s founders, tweeting a screenshot of the app’s data policy and Musk responding, “Yeah.”
A Meta spokesperson did not immediately respond to a request for comment.
Meta is launching Threads while facing its own challenges. The Silicon Valley company has been investing heavily in shifting toward the so-called metaverse, an immersive digital world. But the move has been greeted sceptically, given that the metaverse is far from mainstream.
In recent months, Zuckerberg has also cut costs at Meta and grappled with questions about whether the company is behind in the race over artificial intelligence. In an employee meeting last month, he tried to rally workers by explaining the mass layoffs last year and laying out a vision for how Meta’s work in AI would blend with its plans for the metaverse.
Even with those challenges, Meta remains the most credible competitor to Twitter, with deep pockets and an audience of more than 3 billion people who use Facebook, Instagram or its other apps. Other platforms trying to capitalise on Twitter’s weakness — such as Tumblr, Nostr, Spill, Mastodon and Bluesky — are all much smaller than Meta.
“Even though Facebook is in decline, it still has a massive user base,” said Paskalis of AJL Advisory. Its large number of users, he added, will make it more likely that its copycat apps “will achieve success at the expense of Twitter.”
Facebook and Twitter have been at odds for years in trying to capture up-to-the-minute conversation online. In Twitter’s earliest days, Zuckerberg offered to purchase the company, but was rebuffed. Before the 2016 US presidential election, Facebook also made a major push to feature its live products and trending topics in political events and on television.
Since then, Zuckerberg has focused efforts such as livestreaming video — an area Twitter has also pursued — and trending hashtags to let users explore topics that have gone viral across Facebook and Instagram.
Zuckerberg and Musk may face off in another way: in the ring.
The two men are discussing the possibility of sparring in an MMA match, according to Dana White, president of the UFC sports franchise. Although no date has been set, the tech billionaires have expressed privately to White that they are willing to fight each other, and the contours of an event are taking shape.
This article originally appeared in The New York Times.
Written by: Mike Isaac
Photographs by: Jim Wilson
©2023 THE NEW YORK TIMES
