09:21:22 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Meta CDR (CAD Hedged)
Symbol META
Shares Issued 4,900,000
Close 2023-08-23 C$ 16.70
Market Cap C$ 81,830,000
Recent Sedar Documents

Globe/wire say Meta rolling out Web version of Threads

2023-08-23 07:32 ET - In the News

The Globe and Mail reports in its Wednesday, Aug. 23, edition that Meta said on Tuesday it was launching the Web version of its new text-first social-media platform Threads, in a bid to retain professional users and gain an edge over rival X, formerly Twitter. A Reuters dispatch to The Globe reports that Threads' users will be able to access the micro-blogging platform by logging in to its website from their computers. Meta boss Mark Zuckerberg said in a Threads post that the web version would reach users "over the next few days." The rollout could help Threads gain broader acceptance among power users such as brands, company accounts, advertisers and journalists, who can now take advantage of the platform by using it on a bigger screen. Threads, which crossed 100 million sign-ups within five days of its launch on July 5, saw a decline in its popularity as users returned to X after the initial rush. In just over a month, daily active users on Android version of Threads app dropped to 10.3 million from the peak of 49.3 million, according to a report, dated Aug. 10, by analytics platform Similarweb. The company will be adding more functionality to the web experience in the coming weeks, Meta said.

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