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Zimbabwe’s central bank has racked up debts of more than $4 billion to banks and companies, including commodities
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Pokémon GO Mega Gyarados Raid Day Explained
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Meta’s Twitter rival Threads sees steep drop in daily users by 80 per cent, report says
Meta’s Twitter rival Threads appears to be struggling to hold on to users as its daily active user count is down by about four-fifth since its launch – just days after it broke records as the fastest-growing app ever. Within a few days of its launch, Instagram’s threads reached 100 million users, making it the most rapidly growing app ever developed. In comparison, OpenAI’s ChatGPT, which was the previous fastest-growing app, took two months to reach 100 million users. Growing at such a rapid rate, Threads easily became the leading competitor of X (formerly Twitter) with about three times as many users as all other rivals combined within hours of launching. But new data assessed by market research firm Sensor Tower suggests Threads is facing challenges in retaining its user base. The firm’s analysis points out that the daily active user count of Threads is down by 82 per cent since the app’s launch as of 31 July, CNN reported. Fewer users are opening the app and doing so less frequently, apart from spending less time there, according to Sensor Tower. Citing the market research firm, CNN said users spent barely three minutes per day on Threads, compared to nearly 20 minutes during its initial launch. Analysis by another firm Similarweb also pointed out that Threads is struggling to retain its users. While the app’s usage peaked on 7 July – immediately after its launch – with over 49 million daily active users on Android alone, this number had fallen to 12.6 million by 23 July, according to a blog post by Similarweb. At its peak, Threads reportedly had over a third of X’s audience on that platform, but by 23 July, this had dropped to about 12 per cent of the users on the Elon Musk-owned platform. Sensor Tower noted that Threads’ daily active user count is still falling at about 1 per cent each day. “Threads took off like a rocket, with its close linkage to Instagram as the booster. However, the developers of Threads will need to fill in missing features and add some new and unique ones if they want to make checking the app a daily habit for users,” Similarweb noted in its blog post. Despite falling numbers, Meta chief Mark Zuckerberg is “quite optimistic” about the app, intending now to focus on “retention and improving the basics”, according to CNN. “And then after that, we’ll focus on growing the community to the scale we think is possible,” Mr Zuckerberg said. Read More Meta is secretly building an AI chatbot with the personality of Abraham Lincoln Are you a Facebook user? Here’s how to claim your share of $725m settlement in privacy lawsuit Elon Musk red-faced as police halt Twitter sign removal leaving company called ‘ER’ Mark Zuckerberg reveals his 4,000 calorie diet and large McDonald’s order Meta is secretly building an AI chatbot with the personality of Abraham Lincoln Here’s how to claim your share of $725m settlement in Facebook’s privacy lawsuit
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Who is Matthew Lucas? Boston man arrested for 'violently' killing GF with hammer after drug-fueled party
The killing allegedly took place after the duo smoked crack cocaine and drank with neighbors
2023-09-24 00:52

With realignment drama behind them, the Aztecs can concentrate on trying to win the MW title
San Diego State coach Brady Hoke did his best to keep his team focused on preparing for the season while the school administration fiddled around with possibly leaving the Mountain West
2023-08-25 00:30

Atlanta Dream guard Rhyne Howard to join Florida's coaching staff during the WNBA's offseason
Atlanta Dream guard Rhyne Howard now has a second job
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Scott Disick trying to be supportive of ex Kourtney Kardashian amid pregnancy but 'it stings a little'
Kourtney Kardashian revealed she was pregnant during her husband Travis Barker's concert in LA by holding up a giant sign
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Watch NASA test powerful motor for its moon megarocket
NASA's moon megarocket is going to get a heckuva lot… mega-er. Though the U.S. space
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Buffalo Bills, Taylor Swift Fans Both Furious About Turf Fields on Different Continents
Swifties now anti-turf after Travis Kelce injury.
2023-10-09 22:53

OpenAI CEO's ouster brings EU regulatory debate into focus
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2023-11-21 17:42

Bam Adebayo sitting out Heat's game against the Bucks due to hip bruise
Miami Heat center Bam Adebayo won’t play in Monday night’s game at Milwaukee after bruising his hip two nights earlier
2023-10-31 06:52

Did Marlo Hampton secretly record Drew Sidora kissing LaToya Ali? Ralph Pittman asks 'RHOA' star to 'keep his name out of this'
Marlo Hampton stirred up drama on 'RHOA' by sharing a text from Ralph Pittman
2023-07-31 06:30
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